Still there is Fear in market

in Tron Fan Club4 days ago

The fear and greed index is one of the fantastic and highly used parameters in the crypto market, and I often use it to see how the overall market is doing and what the sentiments going on in the market. It is obvious that if there is more fear than people are scared, and a lot of people are selling their holding And when there is a lot of greed then it goes the other way around, where a lot of people are buying the assets. It is also a good idea to buy when there is a lot of fear.

Currently clear is around 25 So it can be considered a situation where buying can be a good decision, provided you have done some research on the project that you are going to invest in.

For example, if I say that you are going to invest in Bitcoin then now can be a great time, but again this type of investment has to be done with a long-term mindset because not everything can go according to your planning so if this time goes long you'll be able to hold the asset till the time it is not meeting your profitability target.

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As I said, there is still a lot of fear in the market, and we can't say how much time it is going to take to see some improvement in the market overall. Maybe a super cycle can make things better in the market, but obviously we can't say when that is going to happen, and its hard to predict.

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