Serey is utilizing Blockchain technology

Waiting for Greed in Market

okolak

Currently, there is a reduction in greed in the market, which means the fear has increased, and this is not the right time to book some profit; rather, it can be A good time for the people who want to enter the market. to be honest, I'm waiting for some greed in the market. That is when I can expect the prices to go up, and once that happens, I can book some profit on some of the coins that have been part of my portfolio.

I have many points in My Portfolio, but some of them have been lying dormant for a long time, and once I see that opportunity when the prices throw some appreciation, I would like to book some profit on them so that I can switch to other coins that are better performing, and I believe this is a kind of exercise that I should do quite frequently.


Link

If you have a look at the above chart, where you can see how this greed and fear index is going, then you will see that the numbers are 42, while it was slightly better last week, but this is the market, and the fluctuation in this situation is quite normal, which can happen anytime depending upon the overall market sentiments. If you look at the historical numbers, it was 76 last year, and I believe this will happen again, but obviously, it is hard to say that when it is going to happen, but we need to wait and wait for that time because patience pays off.

Let's hope this situation improves soon so that we can experience some better market sentiments where some of the coins will perform well, including our favourite steam coin, because that is what is much required in the market to experience a ride that a lot of investors will enjoy. But as I already said, it is unpredictable and hard to say when that is going to happen.

Thank you for stopping by. If you like my content, please vote and share your thoughts in the comments section.

829.229 SRY$0.00
Web3

Comments