✴️ THE CRYPTO FEAR AND GREED INDEX! WHERE ARE WE AT TODAY? 📊
"Huge Risks = Huge Rewards but it also can equal Huge Losses. You still want to play?" ~ Charles Fuchs.
HEY STACKERS!
A few months ago, I ran into a website that I found on Twitter that measures "The Fear & Greed Index" for Bitcoin and others cryptocurrencies. 👻
What does this "Fear and Greed Index" Measure? Everyday, they analyze the emotions and sentiments from different sources and crunch them into one simple number. 🔢
Where are we at Today? Here are the stats:
- Now: Extreme Fear (21)
- Yesterday: Extreme Fear (18)
- Last week: Extreme Fear (25)
- Last month: Fear (39)
By looking at the charts, the markets tend to rebound huge when most people are Extremely Fearful at a rating below 10.
How accurate are these guys? Are their sources reliable? Who Knows! Here is a snapshot of how they measure the fear and greed in the markets.
If you guys are interested in learning more about the "Fear and Greed Index", you can visit their website right here and take a look.
The market is taking a huge tumble right now as I write this. Can we go much lower? I believe we can but it's a possibility that we can bounce from here for a day or two. 🤷🏼♂️
Keep On STACKIN! 💞
P.S. For those who's interested in following my "Content" and "Daily" Posts... you can just follow me @stackin to get my updates.
Nothing has changed in cryptos, just the price... I'm still fine Hodling!
woaaaa this market is crazy Ive lost enough to buy a house lol All we can do is laugh
At least you didn’t lose a house 😂😂😂
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ya That’s true, I still have a place to sleep at night lol 😂 crypto reset!
You and me both!
Yeah, there's fear out there, but what is it based on? Like lemmings following each other over a cliff... We need to all just take a deep breath. We've been here before (remember the drop in Bitcoin from $1200 in nov 2013 to $200 in mar 2015 and back to $1200 in mar 2017) No matter where it ends up it will recover. Relax We've seen this movie before...
Totally agree, ya ally he newbs and sheep being all scared. We been here many times before in bitcoin 😀
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We are now in a depression about the price of cryptocurrency, hope we will get rid off from here!
Maybe a recession, depression is around $3000-$4000 bitcoin 😅
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They going to be super ass fearful now steems at $0.80!
What happens if goes to .50? It would be a fearful nightmare for most 😂
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Who knows lol That’s the funny thing about crypto, all the experts in the world predict this or predict that...
just buckle up and enjoy the ride lol (at least that’s what I tell myself instead of looking at my blockfolio lol)
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I almost deleted my Blockfolio app yesterday 😂
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Life does not stop with the price but 2018 will be the year of real development and preparation for mainstream penetration.
We have a few years away but being early is always good 😀
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the fear is about to go on a roller coaster level high because there seems no bottom at all
As we go lower the fear should decrease as our holdings can't go below zero, thus there is more upside. Easier said than done with regards to taking that view at times like these I suppose.
We have yet to hit the depression stage 😂
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Total market cap for crypto just dropped below $200 billion. Extreme fear sounds about right
Might still be too expensive 😳
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