“Fear when others are greedy. Be greedy when others are afraid | KiyosakiSaysNo

“Fear when others are greedy. Be greedy when others are afraid. ”

These words of Warren Buffett are now very much in topic.

He made part of his fortune by buying when others were selling.

But he did not buy everything in a row, but only what he saw as a value and perspective for the future.

Speaking about the cryptocurrency market, the “Fear and Greed” index reached extremely low вчера yesterday

The last time this was on December 15, 2018, when the Bitcoin rate fell to $ 3200, after which it began to recover.

In simple words, the “Fear and Greed” index shows the current mood of the crypto community.

If its value is extremely low, it means that there is panic on the market now.

People on emotions massively sell crypto, seeing red numbers

According to alternative analysts, such situations open up the possibility of buying cryptocurrencies or averaging previous purchases.

This works the other way around.

When the market is actively growing, this opens up a good opportunity for the sale of cryptocurrencies, as after the rapid growth, the cryptocurrency market may go into a deep correction.

As part of the experiment, we do not sell cryptocurrencies, so today we increase the share of BTC in the portfolio