#MarketGreedRising The crypto market is constantly going up and down, and every now and then suddenly starting to go down. Does the person giving the advice become a “pro trader”? Yes… welcome to the greed phase.
In crypto, we have something called the Fear and Greed Index, which is basically a mood meter for the market.
Right now, greed is on the rise, meaning people are feeling overconfident. But here’s the plot twist: extreme greed can be a trap. That’s when FOMO kicks in, and smart traders start selling to pump-chasers.
Early advice: When you see greed skyrocketing, don’t jump in just because “everyone is getting rich.” Sometimes, “everyone” is running straight into the trash.
Be sharp, not flashy.