May 2021

The Crypto Fear and Greed index is now at 12 (extreme fear). It has only dropped to this level five times in the past this cycle. So lets look at those dates, and look at the bitcoin price at that point and see whether each time presented a good buying opportunity.

For those you aren’t aware, the Crypto Fear and Greed index uses 5-6 measurements to assess the current sentiment of the market and then rates that level of emotion on a scale of 1 to 100. 1 is extreme fear and 100 is extreme greed. Those measurements are objective of Read more…

By dan, ago

If you’re in your 20s, and have made the entry at ATH, don’t be scared/worried about this ‘dip’, you’re young, you can take the risk of getting into a volatile market like this. Close your trading app, enjoy the weekend, spend some time with your family, or focus on your work/study.

And definitely don’t be like my friend… He skipped meals, sleep and spent most of his day focusing on the charts, even during work and got fired yesterday. He’s young, he’ll find another job… But that’s a good lesson learned. Focus on your life, enjoy it… don’t hamper everything else Read more…

By dan, ago

Keep Calm and Wait 1 July for $425 billion

In Germany, new legislation enabling managers of the most popular institutional investment funds—the so-called Spezialfonds allocate 20% of them to crypto-assets is set to come into force on July 1. $1.8 trillion is invested into Spezialfonds so ; Theoretically, up to $425 billion could enter the crypto market from Spezialfonds Read more…

By dan, ago

Daily Discussion – May 22, 2021 (GMT+0)

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check Read more…

By dan, ago

I did it guys!

After slowly and methodically building my portfolio and exiting at opportune times over the past year and a half I managed to double my money! And then I said “What the hell? I’m young, it’s my time to be risky!” And then I un-doubled my money in one week! submitted Read more…

By dan, ago