Less Greed

in LAKSHMI4 hours ago

The market is down however there can be some green colour seen in the market as of now which is showing that there is less greed also currently. Greed and fear index is an important metres of the market so when there is more grid its bigger a lot of people are trying to buy but when there is less breed it means people are not buying but may be they are waiting for right time to see how things are taking shape in the market.

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In most of the cases when there is a correction people try to buy more especially those who are old in the market because they know this is an opportunity for them to grab some and wait for the right time to bag the profit making opportunity.

Obviously it's not easy because it is like taking a race and doing an action with might not be always profitable how your inmost out the scenarios it is possible and this is why I always say that by the deep whenever there is opportunity in the market because later on this buying can get you but returns.

Many coins are available at low price which is a good time to buy if you are familiar with the project and have been tracking the coin for some time but again this is not financial advice because the intention here is to encourage people to read and understand projects better before investing money.

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Upvoted! Thank you for supporting witness @jswit.