Knowledge

Everything Has Come Crashing Down! Before The End Of Crypto, Sell!

So, according to the Crypto Fear and Greed Index, which takes feelings and attitudes from various sources and crunches them into a single easy number, crypto is doomed.

Everyone who says now is the best time to buy is merely a bunch of bag holders hoping to get you to invest so they can sell as soon as they break even. Who are we to argue with a man who has 150 years of experience in the industry and has indicated that he would not buy bitcoin for $25 dollars?

Everything Has Come Crashing Down! Before The End Of Crypto, Sell!

As you can see in the chart above, the Fear and Greed index has dropped to a new low of (-20).

What exactly does this imply crypto?

According to rumors, crypto investors are jumping out of their cabanas in the Caribbean, landing in the ocean, but that’s beside the point. After a decade, it appears that Bitcoin has finally died.

This has been a fantastic ride, but we should probably sell any remaining crypto and put the money into a savings account with a high interest rate of 0.001%, so we can retire with it in another 50 years.

Best of luck to everyone!

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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