What is FEAR&GREED INDEX EVEN MEAN?
Which affect this indicator?
Q:"What is the reason why this indicator EXIST at all?"
A:"So basically, fear&greed index let us know whether the markets(overall) are bullish or bearish."
Q:"Should I care about this indicator?"
A:"YES, IF YOUR PORTFOLIO IS DIVIDEND "
Q:"What decide the arrow in this index?"
A:"There are 6 aspects that affect the arrow"
Which is
1.Volatility: 25%
Mean the up&down trend, its frequency,strong or not.
2.Volume:25%
High volume like Bitcoin,Ethereum affect the market more than others coins
3.Social media:15%
Be careful for propaganda. This is Whale's strongest weapon to manipulate the crypto market,though you can use it for your OWN advantage too.
4.Trends:20%
If you do not prefer meme coin, then you don't need to care about this factor
5.Survey:15%
Another Whale's trick, first they will praise 1 coin,then will make a survey,most likely the survey has been design to favor the Whale
