Are you late to this crypto bull market?
In short, the data still shows that we are below 40 on the Fear and Greed Index.
This index does exactly what it says. It uses data on whether people are acting out of fear or greed to gauge market volatility.
Right now, the market is fearful, and the age old saying from Warren Buffett comes to mind: “Buy when others are fearful” (summarized).
This post does a great job explaining what these numbers can indicate.
And this is without even considering the fact that we have not truly seen an alt season yet.
Buying some of your favorite majors now is not much different than buying them a year ago.
Let me know your thoughts or contributions in the comments.
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Chris Verzwyvelt
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Are you late to this crypto bull market?
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