08/09/2022
What does the "Crypto Fear & Greed Index" mean?
It's like a tool used to measure investors' sentiment towards the market.
It measures between 1~100, where 1 means the investors are worried & selling their crypto, and 100 means people are optimistic & buying as much as possible.
For more clarification, you can divide the index's levels into the following categories:
- 0-24: Extreme fear ➢ (orange)
- 25-49: Fear ➢ (amber/yellow)
- 50-74: Greed ➢ (light green)
- 75-100: Extreme greed ➢ (green)
How can it be useful?
This index can help you monitor sentiment changes that will help you enter or exit a trade.
Large market swings may indicate an opportunity to enter or exit before the rest of the market.
Have you looked at it before making an investment decision?
