mrjakewoodhouse on Nostr: Fear is at extreme levels… To my mind, the last time the market sentiment was this ...
Fear is at extreme levels…
To my mind, the last time the market sentiment was this poor Bitcoin was circa $3500 usd
What happened next?
Explosive price action to the upside
Obvious and long lasting investor quips that apply:
- when there’s blood on the street, start buying
- be fearful when others are greedy, and greedy when others are fearful
- buy the rumours, sell the news
People who don’t understand the market often outweigh people that do, so price is not indicative of value
Sit tight
Big year ahead
To my mind, the last time the market sentiment was this poor Bitcoin was circa $3500 usd
What happened next?
Explosive price action to the upside
Obvious and long lasting investor quips that apply:
- when there’s blood on the street, start buying
- be fearful when others are greedy, and greedy when others are fearful
- buy the rumours, sell the news
People who don’t understand the market often outweigh people that do, so price is not indicative of value
Sit tight
Big year ahead