Bitcoin Forum

Financial market legend and 19th-century banker Nathan Rothschild once allegedly declared...

"The time to buy is when there's blood in the streets."

As the story goes, Rothschild used this contrarian approach to amass a fortune.

Sure, but what constitutes blood on the streets? Even with a bear market pullback the crypto market is still massively up compared to last year.

This blood bath will not go long and it will cool down shortly then again a big revival comes. This happens before also and it can also happens in future.

You know the saying: There's always sunshine and rainbow after the rain.  ;D ;D

He's right. And now is the best time to buy cheap alts and even few bitcoins.
With one little catch - you must have available money. I had only 7% free and already bought some alts, but I wish to have more...

Yes, I agree with you, the bloodbath can not go on indefinitely like this. I think the panic sale will start soon as most people are already losing all the profits since if they invest at 10k +.

so tough to predict anything these days. one thing is clear.....btc had a steady/continuous growth during the 2017.....and now in 2018 we are seeing only continuous dip. I am not saying that it will drop to three digits but will be bloody or better said messy. good luck to all traders.

I don't know if he would have taken such approach today looking at how the crypto market is today. Would he have been confident to take such a bold step knowing that the crypto market is just so crazy?

There is already a lot of blood on the market, and I think I can start buying altcoin. Many people have been very sad to leave this horrible market, of course, they lost a lot of money.

There is one problem) When you are able to understand that we already have reached bottom;) I still don't see bottom) Where it will be)?

the notice with the switches of blood in streets might refers one with condition as the excessive on returns of commitments as the displacing of unit of appropriation with the good value for token developers,
as the rest on remaining might have with spares on dependence as retaining with the use on less with scales as improving level of expectation.

The problem of this appoarch is that in crypto world the growth of last year was huge so it's very difficult or almost impossibile to say "this is the bottom"..... but for sure buying some coins after a decrease like this I think is a good idea...

Let me be the first to welcome our space alien overlords to the discussion.

Look, even if you buy now you'll get income. And being too greedy is always bad for income. One random time the prices will jump up and you'll get nothing.

you should prepare your funds beforehand

This is not the bottom. There are still shitcoins valued at +$100 mill with no real product. It also depends on the stock exchange, it prices starts falling ppl will take crypto profits as well.

I'm not buying anything til I see confirmation on btc trend change. Hopefully that happens at 3-4k so I can fill my pockets.

https://media.licdn.com/mpr/mpr/AAEAAQAAAAAAAAx6AAAAJGM1YTRiNmUxLTAyMGEtNGExYi05ODkyLTU2YzMwOWYxN2JiYw.png

That the risk of bitcoin trading and yes it's happening right now.
But I always convince myself that bitcoin will uptrend again in the future because as we can see the trend of every year !

i always remember those words when i see in my blockfolio app in days like this, i guess its mean the smartness to catch the good opportunity ( buy low ) in a bad situation ( market down/ blood in the streets )

who never see the modern sharks in wall street? they would be very promiment to do this in a very simply way...

just hodl guys :)

Yeah thats indeed how i play with the market,opportunity with the bloodbaths is much higher than the usual market prices are cheaper than the normal price of the coin,this events should have some connection with some bigplayers coming in to our market,which make sense the spreading of FUDs clearly shows someone or something is going to join our community.

That's correct, and the people who do this are those brave ones. They are those with financial reserve, they don't care if they looses more. What if they win, they will really gain a lot. So go ahead and do your shopping during the blood bath.

I like the way this graph show every people who hesitate on buying cryptos. Honestly, I've been like that ever since I got into the world of cryptucerrencies. Always waiting for the biggest dip, and miss the chance when it goes back up.

buy when everyone sells - this is an excellent rule.
 sorry no money left for such purchases. :-\ and buying altkoins for bitcoin is not the best idea now

I really liked the quote. This is very similar to the truth. It is now worth entering the market seriously and a lot

So when do whales are going to buy? That there so much blood in the streets now of cryptocurrency and we are all expecting that when bitcoin reaches back at dip many will take time of buying but it seems its a very slow movement in increase.

It's given that you must have funds before buying and the logic is how can you buy if you don't have funds yet?

And there are too many coins to choose which are discounted.

Yeah that concept is right, but how do we know if we at the bottom?  How do we know if more blood is to come. What happens if the blood never get clean up?  Will we be sitting with bags?

There are also risks involved with this contrarian approach and investing. All the famous contrarian investors including the Rothschild invested large sums of money. They invested differently than the 90 percent of the common investors which had their own plans and strategies. These famous contrarians did not make the profit on pure luck. Prior to the investment, they did some serious research to ensure that the 90 percent of the other investors were indeed wrong in their theories about the market possible curves. When a certain crypto ( currently all cryptos ) takes a nosedive, this doesn't prompt a contrarian investor to buy all cryptos on a low value. It is pushing him forward to investigate prior the investment and to find out what has caused the drop of the specified crypto and is that drop even justified for the specific crypto that is his investment target.

The Rothschild contrarian approach is usually misinterpreted and viewed differently. This famous quote has different meaning and it is for us to interpret his words properly because the wrong interpretation of this famous quote can only bring the bigger loss. ( after that who will you blame? - Rothschild?). Be smart and analyze the suggestions that have the one use only and that is the better analyzation of the market!

It hard to find the "real" dip when there are some many dips. There have been like fiv
It hard to find the "real" dip when there are some many dips. There have been like ten dips in the last two months and yesterday was the real dip that I should have purchase, but I have no fiat. It also hard to resist getting in a uptrend. This is the time people are selling. Sometimes I buy anyway and end up buying highs. I learn that lesson plenty of times. There were plenty of dips to get in during  the last two months and I brought them,but yesterday was the real dip that I should have purchase, but I have no fiat. It also hard to resist getting in a uptrend. This is the time people are selling. Sometimes I buy anyway and end up buying highs. I learn that lesson plenty of times.

Edit : typing from mobile I had to fix this when I get on my PC.

Is here the purpose of blood on the road is the fall in market prices.
Taking care of me when the price is very very derastis very much down that's when I will buy it.
Especially with the current market conditions, very profitable for investors

Buying at a low price is an ideal thing but when you have no buying power you can’t do anything, just hold on your coins. Big investor are making good money because of this dump and those on panic are busy on selling their holdings which make them loss. Always learn to control your emotion, because that’s what matter here.

LOL  but what are you doing when the price at the top? It seems you are a long-term believer about the future of crypto rather than try to play with your portfolios.

If that what are you looking for and then you should buy tons of altcoin yesterday.

So, Do you wanna miss another chance again?

Now is back, the price of almost coins increase slowly, Why don't you buy when there is blood in the street. Come on let's buy now before it's late. In a week bitcoin and all altcoin will win the competition against FUD from fuck and suck bankers.

Well, blood is on the street for new investors who bought at the top. I remember what we are calling blood right now was an ATH around last year before we attained more ATHs.

The time will pass, we will overcome upcoming resistance, rally will start, FOMOs will kick in and then we will start another round of waves again. It is the market, and that is just what it is. Better to make the best of the moment by buying more than selling at dips for losses.

In fact, it has gone long enough and I am surprised that those who have been screaming this present value and waiting to buy when it ever tests below $8000 are nowhere to be found. Now, if they miss this chance we will start seeing another thread of regret being opened and wishing for another dip like this in value.

I see this as a very good chance for every investor who wants to go in for the long position and even if it goes lower, then buy more in margins.

Unfortunately, some panic and sell when there is blood on the street rather than going the other way round. I see this as a huge chance to always buy and wait for the sweet moments of profit. Every investor should even know better that as long as they did not sell when everyone was buying, they should not even bother selling when everyone have sold as that is normally the wrong move. Better to wait or buy more.

they allocated their fortune because they basically took over the controll of all major high developed national currency central banks,

they have a complicated family system which is like a iceshelv with a huge underground unknown part,

of course its easy to do a fortune this way, they are not forced to sell their time like ordinary citizens, they simply create money and look for desperate idiots that sell them their time, this way they allocate passive income sources that are stable, and get richer and richer, while the 99% is desperately selling their time.

yeah, it's a golden opportunity when there's blood on the streets we can take advantage of the opportunity. because the blood on the streets will not last long and some time later cryptocurrency will return to normal to the highest position. so do not miss the opportunity.

That's very true. People somehow ignore it that even btc is now still 7x up from the price it has a year ago. However, the blood is truly there right now. People made huge mistakes with these panic sells and are now dying in agony.
I read that the original phrase had also the second part as follows: 'even if the blood is your own'. That's also true for now, since many of us are now about 60% down with their investments and it certainly takes some amount of courage to buy in such  a state.

Try to analyse the trend if the down trend is just getting started then don't buy much in a dip. If you do buy then don't forget to sell it in a slight pump which would happen after a 30% or more sharp decrease. After this watch the market, usually it'll dip further than the previous dip causing lower highs and lower lows. After this changes start to take major positions in your coins.

Seems patience wins, FOMO is killing your investments. Imagine you enter the market like yesterday instead of November. You'd save money, time and nerves. Buying everything so cheap. I was impatient, spend half of my fiat @9k-10k range for BTC and @1k for ETH. At least other half was a pretty good investment.

Certainly, this is the coolest time to buy crypto as soon as all the coins are down. However, I would better invest into altcoins. I am not yet sure if Bitcoin starts growing fast. However, this is my point of view only.

Totally agreed with what you have said. Buying when the market dip is the way to make money. Buy low and sell high is the basic in investing.

Buy low, sell high: a very good strategy in trading. But what if you don't have any amount to buy it? ;D Trading makes me nuts sometimes but it will give me more lesson to learn.

But that does not mean buy anything when there is blood in streets, you should be very careful when picking coins. If you buy trash coins even at cheap price, you will still lose.

This is by far the best approach if you ask me. Buy when no one is willing to buy and there is a lot of FUD around the project. But this also comes with a lot of risk, so best is to not to put all the eggs in teh same basket.

The best quote ever said when it comes to making trades . Indeed the best time to buy is when everything is red and all people are panic selling.
I've been trading for a while and I've noticed everytimes I buy during the bull run ,It almost always goes down and even if I make profits it wouldn't be that much. However when you buy during the beartrend you will easily double or tripple the amount of you put it in a very short periode of time .
So yeah "be greedy when others are fearful" warren buffett.

Absolutely, grab the dips by choosing the right coins and HODL!! Usually when the price is high some people would say I wanted to buy during the dip but when the dip actually happens, all they say is I will never buy with this collapse in price.....

taking the form of vertical line, the the attains within field of customs with ideals to gives as might of reference as investors to gains on returns with the work of anchoring as moderating release of drawing from the exchange market, as with the substitution of aggregate priors as qualifying use of selection with personal displacement of unit on aspects with the indication, investors to collects with confinesment as might to put of decision as best on limit with level of exchange, to request with finest of option to dispute with the commands of the market table of order.

What constitutes blood in the streets is when they market dips 60% across the board over the coarse of a single week. I for one did buy when I saw the bloodbath. I have already made a little cash from selling and I am now buying again while things are still low with the hope we keep going up over the next few weeks.

lol how do you know what means everyone how many market participants are out there thats impossible to know

To buy in a falling market is the right decision. In crypto sphere much depends on the price of bitcoin. But in my opinion there are still no clear reasons for the growth of bitcoins. I assume that it can fall to 4k.

looks like this was spot on.

That is how these whales play in the market,first they will create some panic at the market,then these weak hands will start to do panic selling which is the main aim of these big players so tha prices in the market would be lower,then they will search for a good entry point,sell it on the peak then re-peat until they have fullfilled their greed.

blood bath on the street is giving away chance to participate in the market for everyone.
those who participated during blood bath will surely get  something sooner or later.

Wait for 4k or lower levels on btc if you want see a real panic on the market. Right now noone know, what happend, situation is still not so clear as people thinking.

yes. I agree with this. But in our market now, you need to wait until the lowest dropping value reached. Monitor by time to time the market so you can tell if the value is rising again maybe that's the lowest dropping value and you should invest in it and hold it then wait the value back to normal. 

It's easy to just figure that one out. If you don't have the money to invest in a coin then don't invest in it.

yeah that's always tradition to buy when there's a red in it. but when you want to buy look about that coin,are this coin will go up again and look for another news about it cause it can be down again or rise. Also remember this strategy buy on low and sell it on high

It is very easy to say Buy when is low and sell when is high, but the whole problem is that when the market is red no one knows when is the bottom and no one wants to commit money if the price will drop more. And when the market is growing no one wants to sell and see the price go higher and higher.

I have the same principle in the market,i will only buy cheap coins when most of the people are too scared to buy,probably when the market bleeds or some market crash has happened.This is the best strategy you should practice because the higher the risk the higher the rewards when you perfected this methid surely bloodbaths wont hurt your portfolio anymore,and you will consider blodobaths as blessings.