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Do you use the Bitcoin Misery Index?
16 sats \ 5 comments \ @cryotosensei 6 Jan 2023 bitcoin
You are aware of the Fear and Greed Index but do you know the Bitcoin Misery Index? It is an index that measures Bitcoin’s price action using a range of 0 to 100. The score is derived by using the percentage of winning trades to total trades and volatility. As such, scores below 27 may spell doomsday and induce “misery” for existing investors, but may signal buy opportunities for new investors.
Do you use the BTC Misery Index in your decision-making process?
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20 sats \ 0 replies \ @DarthCoin 6 Jan 2023
Use the NLB index. Never Look Back. Always forward.
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11 sats \ 0 replies \ @nym 6 Jan 2023
I stack sats daily regardless of external stimuli.
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10 sats \ 0 replies \ @cryptocoin 6 Jan 2023
For those like me who had no idea it existed:
Bitcoin Misery Index BMI https://fsinsight.com/bitcoin-misery-index-bmi
Bitcoin Misery Index (BMI) https://www.investopedia.com/terms/b/bitcoin-misery-index.asp
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10 sats \ 0 replies \ @Neo 6 Jan 2023
Once someone truly understands Bitcoin, he stops calling it an investment and does not care anymore for the exchange rate. 1 BTC = 1 BTC. Tim Tok, next block.
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10 sats \ 0 replies \ @ama 6 Jan 2023
I use the sleepy index.
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