THE MARKET IS SCARED 😨📉
I can't stop thinking about how the market has been gripped by fear for days. The Fear and Greed Index, a gauge from 0 to 100 that measures whether people are panicking or euphoric, hit 28 today: fear. Last Saturday it hit 25, extreme fear, something we hadn't seen since August. And $BTC is still hovering around $73,800, more than 40% below its all-time high.
I think when fear sets in like this, it's when you really see who holds on and who sells in a panic. It's not the time to do anything crazy, but it's also not the time to panic over every red candle.
What do you do when the market is like this: wait calmly, take advantage, or not even look at the chart?
#Bitcoin
I can't stop thinking about how the market has been gripped by fear for days. The Fear and Greed Index, a gauge from 0 to 100 that measures whether people are panicking or euphoric, hit 28 today: fear. Last Saturday it hit 25, extreme fear, something we hadn't seen since August. And $BTC is still hovering around $73,800, more than 40% below its all-time high.
I think when fear sets in like this, it's when you really see who holds on and who sells in a panic. It's not the time to do anything crazy, but it's also not the time to panic over every red candle.
What do you do when the market is like this: wait calmly, take advantage, or not even look at the chart?
#Bitcoin
