Post
Topic
Board Bitcoin Discussion
Re: According to the "Bitcoin Misery Index", we're ok
by
o_freeman
on 11/08/2018, 18:36:02 UTC
According to my index, we are in a zone of fear

https://alternative.me/crypto/fear-and-greed-index/

This is clever. I was just thinking about a tool that measured the number posts around here to see if it could give a figure for fear vs. greed. The only issue with this is you'd need to factor for tense, as in past/present/future oriented posts. And make sure you get your keywords right.

I don't trust Tom Lee and I don't trust that "Misery Index" thing.I am comfortable with the current bitcoin price.If you are an investor and you are frustrated or scared,that's your problem.It's silly that the emotions of the crowd drive the market up or down.I wish we could have more ways to limit the access of emotional/low skills traders to the market. Grin

Yeah, that's why this post is somewhat ironic. Misery is subjective and it only matters to those who put themselves through suffering. If you don't allow yourself to be bothered by something, you won't be hurt.