$BTC Market Sentiment Thermometer: Fear and Greed Index 64 (Greed), up 5 from yesterday.
A newbie’s burning question: How is this index calculated?
The Fear and Greed Index is calculated primarily by observing Bitcoin and is used to represent the mood of the overall crypto market. It’s only an approximation.
The Fear and Greed Index changes once a day; my mood changes every minute.
Indicators can fail, but risk management can’t take a day off: Decide in advance what you’ll do if you’re wrong—it matters more than guessing correctly.
#BTC
Be aware of the risks, and make your own decisions.
A newbie’s burning question: How is this index calculated?
The Fear and Greed Index is calculated primarily by observing Bitcoin and is used to represent the mood of the overall crypto market. It’s only an approximation.
The Fear and Greed Index changes once a day; my mood changes every minute.
Indicators can fail, but risk management can’t take a day off: Decide in advance what you’ll do if you’re wrong—it matters more than guessing correctly.
#BTC
Be aware of the risks, and make your own decisions.