maybe the days of forced liquidation selling where generational wicks were created are done with btc being institutionalized but alas; let’s roll the dice and see where it takes us. in profit on all longs with stops at BE atm. around 3.3 on near and 68k on BTC
we got to prices i wanted but not in the manner i wanted nor the macro conditions for me to go all-in but some of my orders hit on btc. let’s see how we react to any correction in tardfi since we are already testing important levels there whilst we got nuked
@Quantradin yeah agreed on the momentum part. i tested 7 to 365 days. I posted the chart in another reply above but yeah over a year fear beat greed which makes sense. more so about the timeline trying to “time” the bottom once sentiment hits rock bottom.
Fear and greed index is the most stupid metric i’ve seen and by backtesting you actually find out that buying “extreme fear” ended up in you losing more money, whilst buying “extreme greed” ended up with you gaining more money on average. Just noise tbf.