Crypto ShoreCrypto Shore
  • Home
  • All Posts
  • Category
    • Bitcoin
    • Finance
    • Crypto
    • News
    • Popular
    • Technology
    • Market
    • Topics
    • Trends
    • Business
    • Altcoin
  • About Us
  • Privacy Policy
  • Contact
What's Hot

Crypto Shorting: A Balanced Ride Through Pros, Cons, and Risks

March 22, 2023

NFT Minting: A Fun and Simple Guide to Creating Your Own Digital Masterpieces

March 20, 2023

The Good, the Bad, and the Futuristic: A Guide to Cryptocurrencies

February 14, 2023
Facebook Twitter
Saturday, April 15
Facebook Twitter Pinterest
Crypto ShoreCrypto Shore
  • Home
  • All Posts
  • Category
    • Bitcoin
    • Finance
    • Crypto
    • News
    • Popular
    • Technology
    • Market
    • Topics
    • Trends
    • Business
    • Altcoin
  • About Us
  • Privacy Policy
  • Contact
Crypto ShoreCrypto Shore
Home»Analytic»Fear and greed index for crypto
fear-greed-index
Analytic Bitcoin Crypto

Fear and greed index for crypto

Crypto ShoreBy Crypto ShoreJanuary 11, 2022Updated:January 11, 2022No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

We use different sources to estimate the price prediction of cryptocurrencies, one of the indexes we use is the fear and greed index. As of January 11, 2022, the fear and greed index is approximately 21 out of 100, which means Extreme Fear. This index is determined by sources worldwide, such as using polls, surveys and asking people questions about what they think about crypto. If the index shows 0, it means “Extreme Fear” but on the other hand, if it shows 100, it will represent it as “Extreme Greed.” Since Bitcoin’s move shapes the whole market in most cases, this index plays a key role in price predictions.

Index for January 11, 2022, according to alternative.me

If the market is in Extreme Fear, investors will start buying more because it is an opportunity. But if the market is too greedy, this will trigger the amount of selling index by investors because they will take their profits. The volatility of the crypto market could transform the market into a fearful place and the fear and greed index will drop dramatically. Most analysts are using this tool to determine where the market is going, and they are trying to estimate the outcome of the market in the future. But we must say that, not always fear and greed index works. There are cases where dumps and pumps, related to the news or other scenarios, make the fear and greed index completely useless.

Sincerely, we recommend using this index but consider that this tool should not control your investments. It is always good to be cautious. Use multiple indicators and tools like this, and do not lean on only one tool. Also, if you are a day-trader, always follow the news about cryptocurrencies to have an idea about the market.

articles Crypto fear greed index
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

By Crypto Shore

Crypto Shorting: A Balanced Ride Through Pros, Cons, and Risks

March 22, 20233 Mins Read
By Crypto Shore

NFT Minting: A Fun and Simple Guide to Creating Your Own Digital Masterpieces

March 20, 20233 Mins Read
By Crypto Shore

The Good, the Bad, and the Futuristic: A Guide to Cryptocurrencies

February 14, 20232 Mins Read
By Crypto Shore

Crypto Champions NFT: The Ultimate Access to The Web3 Community!

February 7, 20232 Mins Read

Leave A Reply Cancel Reply

Archives
  • March 2023 (2)
  • February 2023 (14)
  • November 2022 (1)
  • March 2022 (1)
  • February 2022 (1)
  • January 2022 (6)
  • December 2021 (15)
  • November 2021 (5)
Categories
  • AI (1)
  • Altcoin (7)
  • Analytic (10)
  • Bitcoin (11)
  • Blockchain (1)
  • Business (2)
  • Crypto (40)
  • Economy (4)
  • Finance (10)
  • Funny (1)
  • Guides (4)
  • Investments (11)
  • Market (6)
  • Metaverse (1)
  • Mining (1)
  • News (10)
  • NFT (6)
  • Popular (3)
  • Stories (1)
  • Technology (9)
  • Tokens (3)
  • Topics (4)
  • Trends (5)
Worth Reading
News

Bitcoin is back up 51.000$+

By Crypto ShoreDecember 7, 20211 Min Read

Bitcoin is trying to recover from the red weekend currently, bitcoin’s price is 51k, and bulls are trying to hold the line.

Best Cryptocurrency memes 2021

December 28, 2021

The World of Crypto Taxes and Accountants: A Rollercoaster of Emotions

February 2, 2023

Bitcoin (BTC) has surpassed Tesla in value!

November 8, 2021
Advertisement
Facebook Twitter Pinterest
  • Contact
  • About Us
  • Privacy Policy
© 2023 All Rights Reserved by Crypto Shore

Type above and press Enter to search. Press Esc to cancel.