Crypto investment is all about strategy and best timing. There are many index and indicators which will help you to buy at right times.
One of them is fear and greed index which will surely help you with 50% with the buying. In this post I will discuss about this index and what time to buy and what time to sell.
We have two indications in this index such as fear and greed. You may have seen that when markets go upside the greed index percentage rises as well which means that investors are greedy that time.
Similarly when market go downside, fear percentage rises that time which indicates that investors are now fearful and they are on selling side.
But you have to go against this concept. When you see fear percentage is rising its good time to start your buying as all other investors keeps on selling.
When greed index rises it will be then best time to start selling as investors will go on buying more.
This is the simple strategy to use this index which will surely give you good benefit.
What do you people think about this index? Will it help you in buying? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
IMAGE TAKEN FROM CANVA
Thank You!
Best Wishes.
Posted Using InLeo Alpha