Hey guys,
By recent Fear&Greed Index bitcoin is in extreme greed area, usually it's a sign of decline in price or even crash. I've been observing this index for quite some time and find it pretty accurate, of course it doesn't give you the exact day or time but it indicates the sentiment on the market. Do you ever use this index in your trading analysis?
One thing in crypto currency trading, and investment is that greed takes you no where at all. One of the most focal attitude you have to fix while joining crypto currency is your attitude and response to market pump / dump. Irrespective of the strategies you employ in trading; you cannot have maximum profits with GREED.