Get to know the Fear & Greed Index

When coins are traded in the market, traders have “emotions” of fear of loss and greed for larger profits. Whenever that coin has a lower and lower price. Most people are afraid of losing. Therefore, more coins were sold in the market. These fear indexes can be measured as numbers so that we can use them as preliminary information

on the contrary When the coins we invest in trading become more and more expensive. Most people are afraid of missing the bus. Or you won't get that coin. There is often more and more greed taking over. These greed index There will be increasingly high numbers. This will allow us to assess entry and exit points. Or find a time to buy or sell coins to make a good profit

The index mentioned here is calledFear & Greed Index

or an index that measures fear and greed in the market. The measurement level is divided into numerical values between 0-100

0-25 Extreme FearThis is the extreme fear level. Investors are afraid of huge losses. Most people in the market are in the mood to sell more than usual. Make the coins that are in the market Prices keep falling, if they are very low, indicating excessive investor anxiety

26-49 FearThe emotion of fear and worry that the price will fall further still exists, but not much. Still in the process of preparing to consider whether to continue holding some coins. Do not be rash and sell immediately

50 NeutralNormal, the market is not too concerned. Investors are still hopeful that the coin's price will move up further. or if the price will fall a little There is no much concern

51-74 GreedStarting to get more greedy. Because the coin price has a good price. And most markets have more demand. Coin prices are likely to increase even higher. Investors will have hopes of wanting more profits. By often thinking to himself that Will be able to make profits continuously without losing

75-100 Extreme GreedStarting to get more greedy. Afraid to miss the bus Or didn't get a medal? Be confident and consider wanting to add more investment money. There is hope that the coin will reach the moon price or make a substantial profit

This index is only a technical index used to approach buying points. Or just looking for a time to sell? Unable to provide 100% accuracy, investors should use other factors, such as taking support and resistance information into consideration, etc.

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