'Be Greedy When Others Are Fearful,' Metaplanet CEO Quotes Buffett as Crypto Fear Goes Extreme
Analysis
Price Impact
HighA prominent ceo quoting warren buffett's contrarian advice during extreme market fear acts as a powerful signal to 'buy the dip,' potentially attracting significant capital and shifting sentiment.
Trustworthiness
HighThe statement comes from metaplanet's ceo, a company known for its bitcoin strategy, uses a highly respected investing principle (buffett's quote), and is supported by real-time data from coinmarketcap's fear & greed index correlating extreme fear with market bottoms.
Price Direction
BullishThe core message is to be 'greedy' (buy) when others are 'fearful' (selling), implying that current low prices are opportune entry points before a recovery. bitcoin's immediate reclaim of $70,000 after touching $60,000 reinforces this contrarian view.
Time Effect
ShortThe article highlights an immediate rebound in bitcoin's price after the extreme fear reading, suggesting a quick validation of the contrarian strategy in the short term, aligning with historical patterns of fear leading to short-term bottoms.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News Metaplanet's Gerovich quotes Buffet amid market fear CoinMarketCap Fear and Greed Index goes extreme Advertisement As market sentiment becomes extremely sensitive following the recent crypto market crash, cryptocurrencies have seen their prices drop significantly, with leading crypto assets returning to multi-year lows. While the high market volatility has sparked fear among investors, many crypto experts, including Metaplanet’s CEO Simon Gerovich, believe it is time to go contrary and act against the looming fear seen across the crypto market. Metaplanet's Gerovich quotes Buffet amid market fear On Saturday, Feb. 7, the Metaplanet CEO sparked debate across the crypto market after quoting the long-time investor Warren Buffett as CoinMarketCap reported its Crypto Fear and Greed Index plunging into extreme fear levels. HOT Stories Crypto Market Review: $500,000,000 in XRP Buying Volume, Shiba Inu (SHIB) Surprisingly Bullish, Will Bitcoin (BTC) Be Saved Before $50,000? Bitcoin (BTC): Fidelity Identifies $65K as 'Attractive Entry Point' The post, which urges crypto investors to be greedy when others are fearful and be fearful when others are greedy, has sparked discussions across the crypto market as it was shared alongside a CoinMarketCap Fear and Greed Index chart. Advertisement You Might Also Like Sat, 02/07/2026 - 11:13 'Bitcoin Has No Back Door': Mark Yusko on Gold Comparison By Godfrey Benjamin Earlier today, the crypto analytics platform reported its Fear and Greed Index declining to one of the lowest levels seen in recent months, indicating heightened panic among investors. While this often coincides with heavy sell-offs and high volatility across the crypto market, it is no wonder Bitcoin has plunged as low as retesting $60,000, a level not seen in the past two years. Advertisement By quoting Buffet’s popular narrative, the Metaplanet CEO appeared to have considered the current crypto market downturn as a potential contrarian opportunity for holders to scoop up leading cryptocurrencies like Bitcoin and XRP at lesser prices. CoinMarketCap Fear and Greed Index goes extreme While Gerovich appears to be indirectly urging investors to remain resilient, the Metaplanet CEO attached charts showing repeated cycles over the past year where extreme fear zones coincided with market bottoms, followed by periods of recovery as sentiment normalized. As such, the post has triggered confidence that plummeting assets will recover from recent downturns, posing massive gains for investors who have moved with greed at such a sensitive time. This is reflected in Bitcoin’s current price, which has suddenly reclaimed the $70,000 level after retesting $60,000 amid the recent market crash. #Simon Gerovich #Bitcoin #Coinmarketcap #Metaplanet