This is the Fear and Greed Index Chart

[BTC_Mouse]

Seems! Like most of the peoples are feared right now So A/c to me it's good time to start filling your bags! Yes US Inflation is an issue but you cannot completely miss the market......You have to be prepared for both situations. So keep some cash free if something went wrong. Don't be all in!!!

But this is good buying area!! I repeat

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[NeuroticFish]

But this is good buying area

While the chart and logic look pretty good and.. well.. common sense, I have an "evil" question: what if the price falls (much) lower? What if crypto winter starts? Won't then the current "buying zone" become obsolete and may even become a "I wish I sold" zone?

I clearly don't hope for such thing happen. I hope the 100k mark is at least touched before. But a good trader (which I'm not) has to also be prepared for "what if".

[Poker Player]

But this is good buying area

While the chart and logic look pretty good and.. well.. common sense, I have an "evil" question: what if the price falls (much) lower? What if crypto winter starts? Won't then the current "buying zone" become obsolete and may even become a "I wish I sold" zone?

I clearly don't hope for such thing happen. I hope the 100k mark is at least touched before. But a good trader (which I'm not) has to also be prepared for "what if".

Obviously, these charts serve as a guide, and not as a mathematical algorithm that gives us the 100% correct decision. And I think the OP is along those lines.

It doesn't need to keep dropping a lot, it might as well stay that way for a couple of years.

That's why I personally prefer the DCA instead of trying to time the market based on indicators like this and others. It is more boring, but safer and more profitable (if we take into account that more than 90% of traders lose money in the long term).

[boyptc]

But this is good buying area!! I repeat

Long termers would look at any time as a good buy zone.

But for those that are waiting for a nice buying entry, it is a good time to buy if you're projecting that bitcoin will be back above $50k again. Just keep on accumulating if your mindset and plan is long term for holding bitcoin.

I agree with them above that said that it's always best to have yourself prepared if a better lower price comes.

[NeuroticFish]

It doesn't need to keep dropping a lot, it might as well stay that way for a couple of years.

True, although the psychological effect is not as good as a big drop.
And honestly, it's quite improbable to see the price move in a small interval for years. For now.

That's why I personally prefer the DCA instead of trying to time the market based on indicators like this and others. It is more boring, but safer and more profitable (if we take into account that more than 90% of traders lose money in the long term).

DCA is great for long time holder (and I advise it too), but maybe not so much for a trader. And ... here's trading discussion

[galambo]

While the chart and logic look pretty good and.. well.. common sense, I have an "evil" question: what if the price falls (much) lower? What if crypto winter starts? Won't then the current "buying zone" become obsolete and may even become a "I wish I sold" zone?

I clearly don't hope for such thing happen. I hope the 100k mark is at least touched before. But a good trader (which I'm not) has to also be prepared for "what if".

That's the catch and nobody can answer this question with certainty. You have to take chance from some where when its DIP, of course market can take swings in both directions from here. You can regret if market goes down from here or vice versa. IMO its a good opportunity to grab some coins at this price, DYOR before making any final decision .   

[GreatArkansas]

Hi OP, thanks for sharing, but can you share with us this website? Very interesting.

Btw, I recently saw this chart on Twitter with some random content that is saying that the Fear and Greed index is really bouncing off this area, it's like support.
For me, this is what really the "Buy the Dip" comes because if we will base on previous dates, it is indeed showing that on these level, it's buying area and after, it's having a good bounce.

[Ararbermas]

Seems! Like most of the peoples are feared right now So A/c to me it's good time to start filling your bags! Yes US Inflation is an issue but you cannot completely miss the market......You have to be prepared for both situations. So keep some cash free if something went wrong. Don't be all in!!!

But this is good buying area!! I repeat

this is what other people always saying here in forum "always invest what amount you can afford to lose".  And i believe also its necessary on this situation  because of some factors that can make the market halt.  And yes all in can give good return especially when buying at the dip but on this situation it's different. So let's be smart guys be skeptical always ..  

[Luzin]

For me, this is what really the "Buy the Dip" comes because if we will base on previous dates, it is indeed showing that on these level, it's buying area and after, it's having a good bounce.

Yes, it looks like it's a one year period. Maybe the buying point here is a support. You may be able to buy with a quarter of the funds. Then you need to look at the time for two years and beyond. Maybe the buy order point will change again. Yes this is a cycle that keeps repeating itself it seems this has become the consensus of the analysts. I'm actually not used to this way, but if you look at the chart you'll need to consider more time in the graph to compare again. Because the one year cycle can keep changing.

[Jawhead999]

I wouldn't expect Bitcoin price will dropped next year, if we take a look of halving event on 2016 the biggest pump were after 2 years from it. Since the halving on 2020, I'd expect 2022 will become the biggest pump and rest 2 years the price continues dropped.

Yet not all history will repeated, but honestly I don't see any valid reason of Bitcoin dump in the future as many people already know crypto from such NFT games hypes.

[JunkieMiner]

The crypto market conduct is exceptionally passionate. Individuals will more often than not get avaricious when the market is rising which brings about FOMO Fear of passing up a major opportunity Also individuals regularly sell their coins in unreasonable response of seeing red numbers. With our Fear and Greed Index we attempt to save you from your own enthusiastic overcompensations

[doremonchina]

Financial backers can deal with the danger of their portfolios dependent on the dread avarice file by expanding their money allotment when markets are moving down and expanding their value designation when markets are moving up
This apparatus utilizes securities exchange feeling to decide the best money allotment in your portfolio. This is finished by noticing stocks on the lookout and discovering the level of stocks that are in a downtrend. The higher the level of stocks in a downtrend the higher our money assignment.

[tulusikhlas]

There is always a moment that we can take when the market starts again giving a signal to continue filling all the pockets in our pockets. Bitcoin became the choice to avoid the collapse of inflation in America. But we also need news that can later be a driver of rising prices, which often comes first for the good of America. The graph shows the cotton to always take advantage of the point of purchase in the ideal area. But how the area actually goes deeper. Then you have to set aside 25% of the money in anticipation.

[carlfebz2]

Hi OP, thanks for sharing, but can you share with us this website? Very interesting.

Btw, I recently saw this chart on Twitter with some random content that is saying that the Fear and Greed index is really bouncing off this area, it's like support.
For me, this is what really the "Buy the Dip" comes because if we will base on previous dates, it is indeed showing that on these level, it's buying area and after, it's having a good bounce.

When you are good on reading up charts specially on  support and resistances and following up trends and patterns then you could able to see those

levels are on being re-test for how many times.It could indicated that it would be a strong support that had been tested which you could enter if you do

tend to risk but always think off about the probabilities of break outs neither resistances or supportts.

[AakZaki]

this is what other people always saying here in forum "always invest what amount you can afford to lose".  And i believe also its necessary on this situation  because of some factors that can make the market halt.  And yes all in can give good return especially when buying at the dip but on this situation it's different. So let's be smart guys be skeptical always ..  

managed to buy at the bottom and do all this is a good opportunity and then sell it at the top. But the application will not be that easy, psychology will be very played. Before touching the buy zone, of course there will be some calculations before entering.
Some traders are sometimes too early to buy and also some of them are hit by FOMO so they buy above. Fear and greed will determine where you enter and exit.

[tranthidung]

When people are extremely fearful, they will need a bit long time to recover, to get rid of their fear and return to normal then being greedy again.

When market has crashes and people are fearful, it is time for you to think of buying dips. If you are risk-taker, you can buy it immediately. If you are more careful, you can wait for about 4 to 6 hours after a first big red candle, then you can enter. If you are super careful, you can wait for about 4 days, then you can enter.

Because as said, people and market need time to stabilize after big crash and if you give it and yourself a bit more time, you will have safer entries but obviously it would be not a best and cheapest price for your entry.

[adaseb]

I used to rely on this chart back in 2018 and it gave me false hope. If I recall price was $6K and it was in the fear range for a long time, and then it broke $6K and went lower and the fear went even longer. Its also not accurate at selling tops either but the greed could stay high while price is going higher and higher. If you sell at the first touch you will sell too early.

Basically like the above guy said. Its a generic measurement to give you an idea of trend , right now its bearish. However you can't use it to enter or exit trades especially since the crypto markets can get pretty overexteneded from time to time.

[dothebeats]

For non-traders, this will be hard to discern since the moment they saw a big red candle drawing on the graph, it will be their signal to sell, which is obviously the opposite of what one is supposed to do. Not everyone understands such graphs, though it is always good to give them these kinds of guides for them to get a good start on trading. The concept of fear and greed index is not new to me, though I still not fully understand it, which is why I stick to DCA and holding coins and not try to brave out trading regularly.

[Findingnemo]

I don't understand the value part, are you talking about price reaching 20K again? If that happens then I am pretty sure that many people will start buying and again the cycle will repeat but I have a second thought do we actually reaching 20K again?

[palle11]

I don't understand the value part, are you talking about price reaching 20K again? If that happens then I am pretty sure that many people will start buying and again the cycle will repeat but I have a second thought do we actually reaching 20K again?

Really   wow are we still contemplating this price range for bitcoin ? This is going to be interesting . Though it has happened from $20k to $3500 but there are no institutional investors then and wide coverage compared to this time. The time we are should not be compared to the past because things may not come down as before, I believe many hands are waiting for any dip and price keep adjusting upwards gradually. A big dro and a little bull until price stable.