Extreme greed on the market

[South Park]

I do watch Fear&Greed Index and yeah, when there's too much good happening in the markets, you also need to be prepared for some "blood on the streets" kinda scenario soon. People have greed in their souls but are also afraid of losing a ton of money invested during this point of time when BTC is too high and when something hangs high, chances of an extremely huge drop are immense. My talks may sound like I'm bearish on BTC but I'm not, these are the facts which can't be overlooked. A correction or at least a retracement is incoming.

And you got your prediction right, we are now experimenting a correction but like always this generates more questions than answers, what will bitcoin do from now on? Has the market enough strength to recover from this slight decrease in the price to keep going up in value? And if that is not the case how big will the correction be or could it transform itself in a crash under the wrong circumstances? At this point the only thing we can do is to wait but at the same time that is the hardest thing to do.

[angrynerd88]

Exactly, it may be a exceptionally vital marker of when the advertise switches. Indeed Volume may be a exceptionally great information to decide whether the development is around to conclusion or not. When the list of ravenousness is extraordinary, it shows the human attitude of fomo and they are subjective. The whales adore this sign since it is the proper time for them to offer off. In the event that you're a full time dealer, learn to get it the Fear and Ravenousness measurements.

[Shasha80]

To be honest, I have never used the fear and greed index indicator, because I only rely on MACD and RSI for now when trading. But related
to greed, sometimes it has a positive effect, in my opinion, it makes me more willing to take risks. And maybe luck is on my side, because when
the Bitcoin price hits $ 20,000 in 2020.

Because I was influenced by my irritability, I didn't sell it at that time. In fact, I kept HODL when the Bitcoin price crossed the $ 30,000 mark. Finally
I decided to take profit when the Bitcoin price touched the price of $ 35,000. And because I followed my greed, the profit I got was huge. Even though
I realize this is bad advice, by following the greed in us.

[Joyawan13]

I do watch Fear&Greed Index and yeah, when there's too much good happening in the markets, you also need to be prepared for some "blood on the streets" kinda scenario soon. People have greed in their souls but are also afraid of losing a ton of money invested during this point of time when BTC is too high and when something hangs high, chances of an extremely huge drop are immense. My talks may sound like I'm bearish on BTC but I'm not, these are the facts which can't be overlooked. A correction or at least a retracement is incoming.

And you got your prediction right, we are now experimenting a correction but like always this generates more questions than answers, what will bitcoin do from now on? Has the market enough strength to recover from this slight decrease in the price to keep going up in value? And if that is not the case how big will the correction be or could it transform itself in a crash under the wrong circumstances? At this point the only thing we can do is to wait but at the same time that is the hardest thing to do.

It is difficult to predict of course what will happen to bitcoin, when the price goes up so high, and when there is a slight downward movement taking place in the market, of course many people are afraid of a deeper decline, but I think things are difficult will happen that The price will move down even further, and I believe the price will move up and down a little according to market demand.

[LUCKMCFLY]

Hey guys,
By recent Fear&Greed Index bitcoin is in extreme greed area, usually it's a sign of decline in price or even crash. I've been observing this index for quite some time and find it pretty accurate, of course it doesn't give you the exact day or time but it indicates the sentiment on the market. Do you ever use this index in your trading analysis?

These indices are indicative, they cannot be taken as a measure of commercial decision, it can be seen, for me the best thing is to study the volume, in the volume is the information that few see, I would trust much more the news than those indices.

[passwordnow]

It is difficult to predict of course what will happen to bitcoin, when the price goes up so high, and when there is a slight downward movement taking place in the market, of course many people are afraid of a deeper decline, but I think things are difficult will happen that The price will move down even further, and I believe the price will move up and down a little according to market demand.

People who are afraid of those small downwards are the inexperienced ones. They are thinking of the negative side that will make bitcoin price pull at the lowest that it can but it won't happen. There's always a percentage like 10% - 30% or even 50% but if that happens, a healthy pull back will always come to save it. And greediness through thinking that it will come everyone for which it will go high and sky is the limit, it is possible but it's a process if ever your desiring price is too high.

[1l1l11ll1l]

Hey guys,
By recent Fear&Greed Index bitcoin is in extreme greed area, usually it's a sign of decline in price or even crash. I've been observing this index for quite some time and find it pretty accurate, of course it doesn't give you the exact day or time but it indicates the sentiment on the market. Do you ever use this index in your trading analysis?

These indices are indicative, they cannot be taken as a measure of commercial decision, it can be seen, for me the best thing is to study the volume, in the volume is the information that few see, I would trust much more the news than those indices.

Bitcoin is heavily influenced by trends, and even most new traders use the infuncer on twitter as their benchmark for making decisions. I'm sure the index is quite useful in certain respects, but not in a comprehensive way and more on the specifics and in the short term

[globalpain]

Hey guys,
By recent Fear&Greed Index bitcoin is in extreme greed area, usually it's a sign of decline in price or even crash. I've been observing this index for quite some time and find it pretty accurate, of course it doesn't give you the exact day or time but it indicates the sentiment on the market. Do you ever use this index in your trading analysis?

These indices are indicative, they cannot be taken as a measure of commercial decision, it can be seen, for me the best thing is to study the volume, in the volume is the information that few see, I would trust much more the news than those indices.

Bitcoin is heavily influenced by trends, and even most new traders use the infuncer on twitter as their benchmark for making decisions. I'm sure the index is quite useful in certain respects, but not in a comprehensive way and more on the specifics and in the short term

If the favorite coin that is being hold discussed a lot by influencers, then it is okay to hold it, it's just that greed can't be avoided,
we know this has entered the extreme gred, because many people still want the price of Bitcoin and other altcoins to fly high again and again ,
so that the profit you get is more and more, of course this makes the indicator to be extreme greed,
be careful the whale will play the manipulation on this condition.

[Oilacris]

Hey guys,
By recent Fear&Greed Index bitcoin is in extreme greed area, usually it's a sign of decline in price or even crash. I've been observing this index for quite some time and find it pretty accurate, of course it doesn't give you the exact day or time but it indicates the sentiment on the market. Do you ever use this index in your trading analysis?

These indices are indicative, they cannot be taken as a measure of commercial decision, it can be seen, for me the best thing is to study the volume, in the volume is the information that few see, I would trust much more the news than those indices.

Bitcoin is heavily influenced by trends, and even most new traders use the infuncer on twitter as their benchmark for making decisions. I'm sure the index is quite useful in certain respects, but not in a comprehensive way and more on the specifics and in the short term

If the favorite coin that is being hold discussed a lot by influencers, then it is okay to hold it, it's just that greed can't be avoided,
we know this has entered the extreme gred, because many people still want the price of Bitcoin and other altcoins to fly high again and again ,
so that the profit you get is more and more, of course this makes the indicator to be extreme greed,
be careful the whale will play the manipulation on this condition.

Who doesnt want to have more when  it comes to profits? Its part of human nature on being  greed and when  you do  saw that prices are way mooning in the market
which would really give out that perception in mind  that we might really be seeing real  high prices later on.

Big players will really be taking advantage when FOMO had already on set and where people had already gaining up much confidence in the market
which will really result on what they had anticipated on.

As a small fry into this market then you should know to on whats the thing you should target on or having the goal. Secure profits while you still can.

[CryptocurencyKing]

People who are afraid of those small downwards are the inexperienced ones.

That is certainly the truth. The inexperience once have this doubt and fear when it goes red. It could be useful in protecting yourself against what you can't afford to loose while, you build your experience of the market but, they also have to come to the reality that, you can make money both ways. You've just have  to focus on how and relate a pattern that appears real to you then, you follow it. In doing so, you mostn't follow every move in the market. That's where the greed comes in, guide against it too.

[maldini]

That Greed sign for the most part stay that for an extensive stretch time particularly when bull run so it may make you alarm and early sell once you depend on it. The bull are in control now and nobody dares to stop it. It is crazy to stop the pattern/train, isn't that so? Also, I have been thinking if bitcoin an entire week. It has gotten numerous marker the past.

[Alexmagn84]

The sharks love this sign since it is the correct time for them to auction. In the event that you are a full time dealer, figure out how to comprehend the dread and ravenousness measurements. It will make you a ton of cash on the off chance that you are capable. I have been thinking if bitcoin an entire week. It has acquired numerous pointer the past. Regardless of whether we get an opportunity to observe this propensity once more.