Fear and gread index as an indicator
Fear and gread index as an indicator
Sorry, I’m sure this has been asked before but i couldn’t find a good thread.
How reliable is the F&G for buying and selling? I’ve always been a hodler, but some less experienced friends (I’m amateur at investing as hell, but them even more so) sold at or close to the right time, whilst i held. F&G is high as ever on greed. I was “predicting” (guessing) 120-130k (based on very little other than lots of opinions online and crypto news), before a drop (early 2025), followed by a bigger bull run in third to fourth quarter of 2025.
a – Opinions?
b – You guys selling any / much bags ready to take advantage of potential dips.
*I’m playing down my research and iwht my nfo opinions are based on, as i think thats best when asking for advice. But humbly, i’m probably not far wrong from what I’ve spelt out if I’m honest with myself.
I appreciate any input either way.
Fear and greed is not a good indicator. Last bull run we were in extreme freed for weeks at a time. During g the bear market we stayed in extreme fear for aong time. The best thing to do is set a specific amount that’s reasonable and sell part of your bag. Moon boys stay holding the bags because of greed. There’s no such thing as a bad profit.