Use the fear index and greed index to pull a consecutive successful trade in cryptocurrency

[GIFTMICHAEL]

Any Cryptocurrency trader or forex trader that is having the tendency of greed and fear factor or index is simply not going to achieve it all via trading. We should maintain oyr level at balanced and not be greedy nor fearful.

 

[Bousine123]

Great insight my friend, Haven't heard about either of these trading concepts in forex but I'll be sure to implement them if I get into

 

[Niftyyem]

Check cointelegraph to get update on cryptocurrency analysis on the use of greed and fear index to pull consecutive successful trades . If you are well equipped around the use of the fear and greed index, it will be very easy to pull successful trade.

I think this is something to really look into especially when it comes to trading with it. I just look at the index as information update not some possible trading strategy, that should change now.

 

[Setho]

It is really very amazing as to how accurately fear greed index actually portrays the Bitcoin market and it is a tool that I normally use very well whenever I am trading.

 

[Ceeny007]

It's a nice analogy,but it doesn't predict the future only analyses current happenings in the market, I don't really know much about it so I'll leave it to the experts

 

[Dagm1]

I have actually viewed the worry as well as greed index prior to as well as while it is truly depicts the marketplace circumstance currently it truly doesn't anticipate exactly just what will certainly occur in the future

 

[joy101]

I think any cryptocurrency trade or other cryptocurrency we should never be able trade with fear, because is only way you should make good money from it.

 

[Ub40]

Maybe I will have to go through your write-up more and more to make sure I get all the points you are trying to make. Personally, I am not really sure if the market can really work just as you have explained above making it look so simple for one to predict the crypto market. Personally, I just make my profit as I see them, I don't bother myself on what is causing the increase or not though it is good to know to avoid excessive loses. Thanks for sharing.

 

[Kelly5]

You may think it is a very simple thing to be playing with greed when trading both the forex market and the cryptocurrencies market, but when you get used to it, it becomes actually gambling your money

 

[Setho]

I have become a very good fan of the fear and greed index of Bitcoin . and such I always use it as one of the validation criteria is whenever I want to enter a trade.

 

[Elfinito]

A very good analysis, this would certainly help a beginner in the crypto market but they should also understand the concept of having patience when it trading

 

[GoldenLady]

The fear and greed indicators is good but it doesn't provide an absolute buy or sell signal. There are times the market would being extreme fear or extreme greed and the price would still keep moving.

 

[Immilash]

This very nice nice, Because it will help you in divers way it will help you to know when the market is good or bad. But have you ever make use of this formula?

 

[Sotherefore]

Well I have been hearing about this but I don't have an opportunity to use it now, for now I am no more trading cryptocurrency ,I can only consider to use it when I have interest to invest more in cryptocurrency and possibly to trade since is meant for traders

 

[HayKay]

I came to understand this recently and I'm still studying techniques that would allow me learn how to key in these moments and profit from it actually.
Once you master how to buy the dip, you'll keep profiting

 

[greenie]

If the formula of greed and fear is true then my question is this - have you been using the formula in your trading? How much have you gained so far? If you have not earned big money then you are wasting the opportunity.