Watch how quickly sentiment changes now


We very recently hit “extreme fear” in the fear and greed index and that always makes me very bullish. But take a look at how fast the sentiment is going to change now.

We’ll go back to greed before you know and at the slightest drop, people will become fearful again.

At this point, I’ve become emotionless about the market, it’s just numbers on a screen going up and down. The only time I become fearfull is at “extreme greed” and very high leverage.

But I think that within a week we’re back at greed, so that the noobs can buy high again, after they sold low. I do also think it’s a good idea to not become too greedy on social media, because the index does measure that.

Prediction: Within a week, we’re back at “greed” again

submitted by /u/Wiardv
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