It is so funny to see the fear reading at an astonishing level of 25 (actually 28)without a major reason. Germany is just too small to even think of when it comes to holding Bitcoin. Many individuals are holding many more.
It shows us how vulnerable crypto markets can be. It also shows the depth and maturity of the traders and investors. 40-45K BTCs sold can turn the entire market topsy turvy for a month. BTC plunged 30% over this trivial lot on sale. 19.2 million Vs 0.044 million: 30% decline + sentiment reading at 25.
We manage a Mudharba based fund and always keep 22% as a ceiling for allocation to cryptocurrencies. By December, 2022 we slashed it to 18% and in the last week it was reduced further to 15%.
Same advice:
Do not invest more than 15% of your assets/funds in crypto or you can suffer a lot or even be over and out anytime! 😉

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