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?
As you can see in the chart above, the Fear and Greed index has dropped to a new low of (-20).
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.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Annie
CoinCu News
Explore why Qubetics, Bitcoin, and AAVE are the Best Coins to Join Now. Dive into…
MicroStrategy buys 15,350 BTC; Ripple launches RLUSD; Lido exits Polygon; BTC drops post-ATH; reduced liquidity…
Bybit Proof of Reserve reveals BTC holdings at 50,412 (-8.55%), ETH at 525,641 (+8.11%), and…
Key Points: Bitcoin Spot ETF Inflows totaled $449M, led by BlackRock’s $1.45B contribution. Ethereum Spot…
Discover the Best New Meme Coins to Join for 2025. BTFD Coin's price rollback offers…
Discover how DTX Exchange's historic achievement of 100,000 transactions per second on a layer-1 blockchain…
This website uses cookies.