The VIX index is like the "fear thermometer" of the US stock market; the higher the value, the more afraid investors are. Based on historical experience, we can view it this way:
1. Around 30 degrees → Market has a slight cold (normal pullback)
2. Over 50 degrees → Running a high fever (may enter recession)
3. Breaking 80 degrees → Feverish to the point of talking nonsense (like during the worst times of the 2008 financial crisis and the 2020 pandemic)
My operating thought process is simple: When this fear index surges to around 70 (roughly in the danger zone and extreme danger zone), I start to buy Bitcoin in batches.
Because at this time, most people are panic selling, which may actually be a good opportunity to pick up bargains.
