William Quigley

Internal innovation, it just starts because you're so overwhelmed with just meeting the existing demand of the existing product that it's very hard to, unless you're, you know, there are founder leaders who do it and they're, they're, uh, but they're already kind of wired for that, right?

They're hiring people to innovate.

It's very hard.

Okay, I've said this to other people.

Maybe I should have kept this to myself.

But yeah, I think the most useful guide for when to sell your crypto and when to buy it is the fear and greed index.

Because crypto, with the exception of stable coins, they're backed by some collateral.

But Bitcoin and all the other traditional tokens are, their price is based exclusively on sentiment.

That is how they differ from traditional stocks.

Stocks have sentiment.

They're affected by sentiment, but that sentiment is generally driven by a change in fundamentals of the underlying business.

So there is no underlying business associated with, let's say, Bitcoin, right?

So it is 100% driven by sentiment.

Therefore, if you want to understand, let's say, when to be acquiring Bitcoin, you would want to acquire it when the sentiment is awful, when people are just depressed, right?

And so this is why the Fearing Greed Index is such a useful guide.

You would also be forewarned against piling into Bitcoin when the fear and greed index is very optimistic because more than likely at that point, prices are reflected in that optimism.

So you can use that sentiment indicator

as a good general guide.

At some point, maybe it doesn't work, but historically, it's been a very good gauge and I've used it.

Wherever you see the most opportunity currently.