FEAR + GREED AUG 2019 BTC has just had a good pump from $3000 to $10,000 apprpox.
I would have assumed F&G would have been more in the 60s/70s because we eventually got a drop to $6000 and back to $3000.
Why was F&G so low (fear) after a pump. It would suggest the sentiment was to buy?
I know it's not a science but just curious as to why the siganls and market sentiment offered by F&G didn't line up
Just remember up those years where Internet was just starting and lots had been skeptical about its existence. We do have lots of pumps and increases whether on those stocks and other things had increased out significantly. It is really just on someones call whether they would really be taking up some risks or not. When you do have that fear then you would be missing out things and same goes with greed
on which if you do let these things to control your mind then you would really be that susceptible to errors and mistakes. This is why to those people who would really be
taking up risks are the ones who do have the chance on improving their lives.
Lots of us did miss out that golden train and now we've been regretting out and hope that time would come back but well its late but its not something you could really be
that late if you do tend to invest now. Its a matter of risks taking.