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Fear and Greed index at Extreme Fear - 24 Time to Buy!

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by COINS NEWS 214 Views

I was just checking on the fear and greed index and I saw that it was at "Extreme Fear" of 24 and of course I thought "hmmm why is that?"

  1. The Cryptomarket reaching lows on THREE Consecutive days with this last day, Friday being the low point for Bitcoin since September 2021

  2. "Bear This" "Bear That" bear Bear BEAR is what you are getting when you look in the mainstream news and social media. No one can see clearly because of all of the BEAR Signs

  3. Lastly, a LOT of People lost their shirts. Particularly Traders that got caught in that trap on December 3rd and the 12-13 th (For whom I feel really bad for)

That was one long and painful slide and there you have it, the reason for the "Extreme Fear"

As to what I would buy: You buy U.S. Steel (an old joke), uh I mean, you buy foundational blockchains:

BTC, ETH, SOL, DOT, POLY/Matic, AVAX, BNB

submitted by /u/erikmalkavian
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