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The crypto fear and greed index is a great tool that helps us to ascertain the dominating emotion in the market, at a given time. In turn, it gives us either a buy or sell signal depending on our individual interpretations of the meter.
However, it's more profitable when your greed increases as majority become extremely fearful. Also, being fearful when majority is greedy is a great success back.
RE: We are back to square one: Can we reach or overcome extreme fear?