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Cryptocurrency and Contrarian Investing - Fear and Greed + RSI Explained
Manage episode 349455641 series 3381606
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The legendary Warren Buffet once said that it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful.” Similarly, the infamous Nathan Rothschild said that "the time to buy is when there's blood in the streets." As the cryptocurrency market continues to experience unprecedented volatility, many investors wonder if it is the perfect time to buy or if now is the time to sell before the price crashes further. Although this is NOT a financial advice or trading strategy video, the recent crash of the cryptocurrency market makes it a perfect time to discuss what contrarian investing is as well as the significance of the fear and greed index and relative strength index in the crypto markets. #crypto #btc #cryptonews
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