You know the line "be greedy when others are fearful, fearful when others are greedy"? This is the bot version of that, automated against a daily sentiment index. Buy when the index drops below 25 (panic), sell when it crosses above 75 (euphoria). Simple in theory - painful when fear deepens for weeks.
How it works
The bot pulls the Crypto Fear & Greed Index every day - a 0-to-100 score that combines volatility, volume, social-media sentiment, BTC dominance, and Google Trends into one number. Below 25 means the market is panicking; above 75 means it is euphoric. The bot enters longs in the panic zone and exits in the euphoria zone, betting that extreme sentiment swings tend to reverse.
Key Features
Strategy profile
A snapshot of how this strategy behaves and who it suits, not a forecast of returns.
These are designer assessments of strategy character, not user-specific performance figures.
The big trap: extreme fear can last weeks during a bear market. In 2022 the fear zone (below 25) stayed there for ~5 weeks while BTC dropped another ~30%. The bot keeps buying lower the whole time - your average cost improves, but unrealized P&L looks brutal. The strategy works long-term because every cycle eventually flips, but you need patience and capital reserves. Always pair with a hard stop-loss if you cannot stomach deep drawdowns.
Frequently Asked Questions
Quick glossary
Definitions for the trading terms used on this page.
- Backtest
- A simulation of how a strategy would have performed on historical price data. Past results never guarantee future returns - markets change.
- Slippage
- The difference between the price you expect and the price you actually get when an order fills. Worse on illiquid pairs and during fast markets.
- Spread
- The gap between the best buy price (bid) and the best sell price (ask). Tight spreads = liquid market, wider spreads = more cost per round trip.
- Stop-loss
- An automatic exit order that closes a losing position when price hits a chosen threshold. Caps how much one bad trade can hurt you.
- Take-profit
- An automatic exit order that closes a winning position once price reaches a chosen target. Locks in gains without relying on you to watch the chart.
- Volatility
- How sharply price moves. High volatility = bigger swings in both directions, which means more opportunity but also more drawdown risk.
Ready to be a contrarian?
Spin up a Fear & Greed run on the platform. Default thresholds work for most users; tighten them as your conviction grows.
Start on Platform