Crypto sites You should know - Fear & Greed Index

By Otek | Otek | 20 Jan 2020

Do You feel fear or You are greedy today? :)

Hello in that miniseries I will just share with You interesting sites about Crypto - which in my opinion everyone should know. Of course many of them are obvious and well known to you, but remember that we have complete crypto novices at Publish0x :)

Please write in comment what different crypto websites in your opinion everyone should know :)

Do You feel fear or You are greedy today? :)

For sure You already know that crypto market behaviour is often very emotional. People starting be greedy when the market is rising (green) which results in FOMO (Fear of missing out occasion). Also, people often sell their crypto in irrational reaction of seeing that price is falling (red).

So people from Fear and Greed Index, try to save you from your own emotional overreations by showing what is current sentiment on market.

You Can find that index on: https://alternative.me/crypto/fear-and-greed-index/

More details about how that index is calculating You Can find on their website. It's values is between 0 and 100 (which 0 means that fear on market is extremal and 100 that sentiment is totally greedy).

Very interesting and useful option is also a Historical Values. You Can try to find a correlation between that index and reactions on market. In my opinion that index is very useful when You try to make a buy/sell decisions.