Bitcoin Forum

Traders would be familiar with the saying “ buy when there is blood on the streets “ this is the best time to load up on oversold and undervalued crypto.  My bag is ready to load up on more Canyacoin CAN

Two months ago, they said that it was the best time to buy cause the prices are low. But, this period the prices went down further. So, I think better to see the trend and assess if it will go down further or will start to rise. If will go down further, wait few mlre days then you can buy your significant coins.

Of course everyone should be in right now because there's a lot of bloodbath in the street. But honestly, with all your shilling with that coins, Lol, I wouldn't put my money on it. I will still go with the top ten coins out there and not just randomly coins being promoted by someone, just saying.

hungry when others are fear

Inexperienced investors and people with little reliable information about the development of blockchain technology are now leaving the market

You're stopping at nothing in shilling this shitcoin of yours. More like every opportunity to drop a post on here is an opportunity to talk about it. I'm definitely buying the blood on the streets, but it's definitely not going to include your shitcoin

I think most of people who use that phrase don't really understand what it means.
It literally means "BUY when there's BLOOD on the STREETS". Buy when there's killing, wars, catastrophes.

It's true that sales panic continues because the price of BTC drops, but if you are smart this is the best moment to buy more when the current BTC price is $ 3850, I'm sure the profits will be seen at least in 2019 and will be even greater the following year

That's right, I think those who have bought a lot of coins in the past two months will also experience regret, but we cannot avoid that because market movements are really difficult to predict.

yes, it is easily said than done everyone knows this is the price they wanted always to buy bitcoin when it was trading above 15k$ and when it is actually at this price no one seems to be interested. If bitcoin stabilizes at this price for a few months I will be more than happy to accumulate throughout the period.

This is a very famous quote for the investors. Accumulate more when the prices are down. When there is lots of blood on the market. Lets just accumulate.

I think lets just accumulate more coins because most if not all of them are in the cheapest price already. Its like a cryptocurrency promo sale. Don't stop accumulating  :).

Never heard of canyacoin but that's not to say it isn't a good investment. I'm sticking with top 30 coins just to be on the safe side. Some coins will simply bleed out and die because they don't have enough funds to sustain themselves, top 30 coins should have no such problems right now

Yes that's perfectly accurate to buy when there are bloods on the streets. I recently read this quote by the famous John Rockefeller. And this is the very strategy of most which has been summarized to "buy low, sell high".

Obviously, I'm following this strategy and I'm listening to the wise words of those successful people that proven they made much with the market they used to live. And we are in crypto, yep yep, start buying when the market is bloody.

Capturing the bottom - not the best idea, it is better to buy in parts when lowering.So you can miss the moment.

many investors would buy now if they were sure that the market is ready for recovery. I think it will start next year

Although this quotation does have a strong logic and people do follow things and take.notes but the problem.with current market scenario is that the price seems to go down and down like everyday, no one call call bottom yet and the dumping seems to be unavoidable at the moment, unfortunately there is blood on the streets everyday now so this statement just does not go with the normal condition of the market.

Are you sure you want to buy it when there's blood on the street? now there seems to be market manipulation because the analysis technique does not work so even though has is bleeding it does not mean it is the right time to buy it, because it has been proven from the price of bitcoin which continued to decline over the past three weeks, even though we know that in the second week bitcoin has is bleeding enough

because the person who left the market was not a true trader and there was still a lack of knowledge about crypto, the problem is now that it's a great opportunity to start buying coins for long-term investments if you want to make a big profit

Agree that it is a good time to buy some bargains. Better to stick with top quality coins that will survive and will be around for next bull market.

I think that all this year the prices were acceptable for purchase. Of course they are more attractive now, but do not regret it even if you bought crypto in March or August. I believe that the next growth will be able to raise prices to a new level and then those who waited to get a very good profit.

Maybe this saying is good and has benefits, and right now it is red, and the request is not so much, because there are still many who persevere and be patient. There is still hope for next year with a better value.

Buying when prices are low and selling when they are high. This is the most important rule of any trader. I think everyone has already bought crypto, but someone else is waiting for the price reduction. All who can survive this collapse, will be able to profit in the future.

There is nothing like 'buy low/cheap, sell high/expensive' in crypto that is volatile in HUNDREDS of % within just 1 year. There are no reliable fundamental predictions, p/e ratios or quarterly earnings results for the coins, everything is (pardon that word) sorta in a bubble. What is down can be far lower.

I don't feel like buying anymore but don't sell a damn coin either. I'm in kinda bear-like hiatus to wait & see long-term with the stack I've got already, don't even trade among the coins if not necessary. Consider all investments to be lost to avoid over-thinking the shit.

buying now is certainly right, but not easy. the last few days have been so terrible that i just do not dare. i just do not know if the prices continue to fall and i should wait, or if we are on the price bottom and i should buy.  ???

Such sayings is the same as ‘’Buying when price is low’’. Yeah.. very true but for selected coins only and takes a pure luck at least to choose the better coin for it since theres no sense of buying much when low but that coin is trash. But for the one you selected the CAN token, seems like a very long term waiting for moon to happen.A huge dumping happening to it from $4 and now touching the very bottom hope it will go back up again.

I agree with you, with the saying “buy when the price is low”. And I think this time is the best time to buy, since the prices right now really went down. Still, it is only applicable to the good coins, so you have to choose wisely. Don’t just choose some random coins to invest. Then just wait for the market to recover.

You can do that, but if you really believe in the assets you buy for the long term. because I think for the current situation it takes a long time to get the market back up. all can not take place briefly and instantly, there is a long process that must be lived. you have to be patient.

In cryptocurrency market, it's not easy to know  the price will go down further or not because if everyone knows it, I think it's really easy to make money.
When you enter the market, you need knowledge, experience or even a lot of money to understand the market, it is not simply buying and selling

I like you, it should be like that when the price falls and when the market condition is blood red due to the fall of the cryptocurrency price then you can use it to buy coins for your savings so they can be sold in the future.

If you didn't buy crypto last year you should be joyous about the prices now. Perhaps such a low prices will never happen again.

if you want to do speculation, now this can be done. but we still leave another month, December. in the next month every possibility can occur including growth, but the closest thing is to decreasing and fud. I chose to wait for what happened next month before doing anything.

You can buy, but is it really the ending of the blood on the streets? Each times after a drop, there were hope of a big jump which is still not coming. It is really risky investment.
But i would certainly be happy to see an increase of the prices.

It is true
but now the risk is too big, especially for trade. I do daily trading. but a few days ago no one refused a big loss. so be careful to speculate especially for next month.
market turmoil is very difficult to learn every possibility can occur

if your belief is good about the price of a crypto currency that will recover, then the term "Buy ... When there is blood on the streets" is indeed very appropriate because this is the right time to invest before the sockets recover.

This is the problem, isn't it? Coins are cheap now, but they may get cheaper... but it is impossible to know the bottom of the market until it has gone and we have risen again.

What I would say is that if your average purchase price is higher than the current price, then it is always a good time to buy to do dollar-cost-averaging.

In general the best time to buy is when the markets are falling, and the best time to sell is when they are rising. As for achieving perfect timing, it is an art as much as a science.

if you look at the current market conditions it is actually not good to buy assets now because the market growth is very slow. indeed if we see the price of coins is very cheap, but we must also know how long it takes us to hold our assets so that we can feel the benefits.

The market is very unpredictable and  you don't know what will happen. The price maybe cheaper in future or it will go up but if I found an interesting one and the price is right , I will buy it.

When there is a massive sell off like it's happening and there are fewer buy,  one must approach the market carefully.  If your funds is not meant for long term,  you can abstain from buying because,  the opportunity  to short may be less frequent and you may loss money in the short term!

You think this price is interesting one but actual market is already broken so people are stay away in crypto investment. I think this is the right time to invest in crypto so your thoughts look cool and I am also invest in various altcoin in this dip. But market bull run will start soon so we should expect some positive result in soon.

of course for smart people, surely when they like this they know what they have to do to not lose money. Current short-term is not suitable because it is not easy to make a profit.

"Buy when there's blood in the streets, even if the blood is your own." - These words were spoken by Baron Rothschild in the 18th-century, and it seems to me that, in saying this, he meant a similar situation that is happening now on the cryptocurrency market. I think we should listen to it and start shopping.

We grab this opportunity cause not all the time we've been like these but be sure you choose the right coin with a huge chances to grow( among the leading currency in crypto) in the future. It could give help to us by looking the chart and understand the flow, otherwise you fall into wrong destination.

Yeah. But I think it was over-exaggerated. Anyways, you don't need to buy during bloodbath, however its the best opportunity if you really wanted to make more money.

But I don't know why people are still thinking that crypto will need to sink further before they enter the market again. You need to snatch a few coins here and there and then you can either short it or just HODL for the long haul.

It looks like the market has already bled and the bottom has been found, or it will be found soon. If you have not done shopping yet, I think it is a very good moment to complete your wallet. We can not be sure that prices will not fall a bit more, so it is good to leave some spare money for any case.

This crypto market is never for the faint-hearted. It's for the risk takers and outright crazy folks. This is the right Romero splash the cash on good projects with MVPs and reap the fortune later https://ternion.io/?utm_source=bitcointalk&utm_newbie=bounty

Yeah because weakening prices is not necessarily the right time to buy, if you are wrong in determining the time to buy like when the market continues to bleed you might lose in the near term, it's better to stay calm when prices bleed and look for points where marketcaps rise along with demand , that's when it might be the right time to buy

In other words, nobody can really predict where is that bottom is. This is one of the hallmarks with the cryptocurrency markets maybe a big symptom of the fact that this industry is perceived to have less value compared with other investment vehicle. Coupled with so many scams and failed projects, the negative image has had been cemented into the impressions of many people. I am then hoping that soon there can be a big redemption for this industry...and that 2019 can be better.

i am not sure if it is really the best time to buy, but apparently yes. the prices are on the ground and would rather buy now than if the prices are high. but since i am not sure if we have reached the real bottom, i still find it difficult to buy now.

Here goes the popular quote again 'Be greedy when everyone is fearful and be fearful when everyone is greedy ' This statement encapsulates the position a long term trader should have in the market right now,  prices are down and everything look gloomy but in time,  market will recover!

Agree with the quote and hodling through this bear waiting for the next bull. Good time to buy any good coins at these low low prices.

That is why if we buy any coins right now we must prepare ourselves to accept whatever scenario may happen in the coming days don't be upset if the expectation is not on your side but rather take it positively and keep our mindset in holding till we gain profit.

that is all true ONLY IF the thing you are buying or holding already has a good potential of rising. but if it doesn't and if you are fooling yourself into believing it has potential of getting pumped then you will end up wasting a lot of time and money on it.
for instance there are currently a lot of newbies who are bag holding a lot of ICO tokens that are continuing to die!

When we see market red that is better to buy more coins. But the coin is only potential because if you buy all the coin that you see turn to red or blood possible you lose more money because high chabce to decrease more the value if that's not potential altcoin.

So download, only then do not create a topic about the loss of all funds at the pump. Or how to return to the previous level of this coin. Survive only the most sought after.

If you like to invest in this coin when it's time to buy at the end of the year, because it is possible that in 2019 there will be a significant price increase that will give you profit.

I also follow this reason because I believe that when cryptocurrency falls, investment can effectively reduce investment costs and increase our profitability opportunities!

this suggestion can work for a normal market that is void of manipulation but in the altcoin market which is 99% pump and dump it can NOT work because what you see in the market as "blood" is not some drops of blood. it is instead a sea of blood that can swallow you whole if you start buying in at a bad time. you can even become bankrupt in an instant.

Yes it should decline that occurs must be offset by the growth in the market are to be improved gradually. but we can all see the market is not moving properly. It makes investment will decline, although the price is low but saw the market moves very slowly it makes investment will decrease.

Yeah nice slogan... I agree with that, we should take in action once the market is in bleeding but we should be careful in choosing the best coins available in the market as most of them are just pretending to be gems.

I agree with your statement, but in the end you've made shilling of noname coin, so if someone reading it, don't get into this coin. Buy top 20 coins or hype ICOs.

More panic and more blood are ought to come in near future.the market has been red all over.only short term trading is giving some marginal profits to trades.Already many exchanges had starting delisting many crypto and crypto trading pairs.It is good thing that all shit coins and projects are being sent to garbage before the actual market capitalization starts.Soon we may experience another good dip and a good long correction.It is really a good time to accumulate some cypto and sit tight.But it will be more benificial if people wait for bit more because we can again buy in more cheap.

I agree with the term "buy when there is blood on the streets", but if you buy a position when the market is very long, you will lose a lot. So you have to do risk management and determine good decisions.

Investors should also be awared of the risks by doing so. Keep in mind that not all cryptos won't be able to withstand such problems with regards to contonuous market downfall. Especially when it comes on newly listed coins, high risk is present since most of the projects being released are being negatively influenced by the downtrend.

I think it is better to buy the coins which are on the market for more than a few months. They are more tested.

The market is totally bleed to death now xd
Judging on that most coins has almost lost 90% of its value

I believe, if you are a believer, its time to accumulate

Buy buy buy, great bargains but they might be cheaper tomorrow!.. Who really knows if this represents a good deal, we have all thought we hit the bottom numerous times over the last year, so what makes this different

I definitely agree with this friend. We had the same thoughts 2-3 months ago.

Now we have to be careful to invest. Because we could fall into a bear trap. However, if a real ascension is the time to buy. I feel like these days are close.

When there is blood on the street,  you stay in your house in order for you to be safe!   :) The cryptocurrency market has been bloody in the last week and few days of dumping has cost the investors and traders so much.  It is better to be safe than sorry!  I can not continue to hold coin that keep dumping!

Yes buy when there’s blood but it won’t guarantee gold in return or maybe your catching falling knives. People who shills always say that since the 1st quarter of this year until now, but people should be very careful about this strategy coz in reality it doesn’t always paid off.

you are right when the price flushes like this it is the right time to buy as much as you can because the most suitable cryptocurrency price is bought when the price falls, don't buy when the price has become very expensive.

Yes, this is generally good advice. This is not a time to panic - crypto still has a great future ahead of it, and the dip this year means that many coins have returned to low prices that we thought we'd never see again. It's certainly a time to load up on those undervalued coins.

When their is blood on the market flow,  don't be distracted by the colour,  there are golden coin hidden in the bloody market situation.  There many coin that would not have been selling cheap if not for bearish market.  Grab the opportunity and make good position in good coin!

IMHO still there not very much blood on the street) Imho this will happen a little bit later, still lots of people waiting for the new crypto pump.

Few months...I think this is a very short period - it is not the right time to understand if the token is good and have a future or not. I would better bet on the cryptocurrencies, which are older than a year.

Not that much? the market once again pushed down by an unknown force.

Bitcoin fell to $3,600 once again and ethereum went low under $100 which is the one that's being scared of most holders. Everyone is waiting for this pump but it seems that many aren't really getting what they want so they just used to get with these panics.

Seriously, the best time to buy is now and if you miss this opportunity it might be impossible to see bitcoin and other cryptocurrencies as low as the current prices in four to five years to come. If you follow the price action indicators you will find out that almost all the cryptocurrencies are in oversold area and to some extent it might be difficult for bitcoin and other coins to go down more except something technically happens. If you have an idle cash the best time to invest in some of those coins that has good market capitalization is now.

well now is the best time to buy cryptos, I thought December will happen the bull market, but it looks like will not happen, anyway it's good to buy cryptos this time and hold for long term.

It turns out that right now it's bleeding and right with your advice, take this good opportunity and don't miss it.
But it looks like tomorrow can still go down again so wait and come back to take the good opportunity.

You should divide your capital and buy in at other stages of the house should not buy all in one phase, because the price can still reduce again. If you buy all in at this time can lose more, divided into several stages will reduce the risk for you.

It's still unpredictable if you bought on they other day it's $120 for ETH and now it's $83...how about tomorrow? $70?? In a bearish market it's difficult to buy at the dip but the price as of today is much more lower.

Then lucky for those who are patiently waiting for the price to go dip. This is a game of prediction because nobody knows when will this decreased be stop. Well, at least this is the lowest price at this year and hopefully this will be the limit.

It is always advisable to buy the coins when the market is low. Also one can buy on various dips so that they can get more better deals if available in case if it falls more rather than buying the huge qty at one point of time. If you are buying smaller qty then it is fine and also diversify you portfolio and do not stick to single coin to get the best returns.

Well I dca'd all year. Now I will hold for the next year and not put any more money in.

Mostly in QNT, XRP, and VET.

Good luck everyone. I don't see this market going up for a few years. I hope I'm wrong. Time to get back to life and not check prices every day. Just going to switch off to crypto after the new year. Leave some alerts in case anything moons.

It seems like words, buy when there is blood on the road at this time is not good, because I have done it and the condition has not improved, and prices continue to decline, maybe this will take a long time to recover, better waiting for a better time to return to the stand and at this time it is not possible

It's advice for the long-term investors not for traders or flippers. If price will down again it will be another chance to buy more and cheaper. For good trader any market state can be chance to get profit. But on uptrend it's simpler

This guy keep spamming about this trash all the time :). I don't know why this guy keep thinking that he can cut his loss with CAN by this way :). There are so many guys are trying to cut their loss by this way but for now, they're still stucking. LOL.

This saying should be an encouragement for crypto hunters to buy, as happened in the previous year, but what happened now was that they were even more hopeful that the crypto price fell even lower. In recent months, this behavior seems to have become a tradition for most users, so they only wait, wait, and wait for lower prices. If this is the case, I think the price will continue to decline lower and maybe at that time the price jump will start.

Yes, you can buy more altcoins and the main cryptocurrency, Bitcoin, especially if you did not invest in crypto before (for some reasons). Alts and BTC will start their rally and let all the investors make money.

Buying in the dump market is most important lessen for any crypto trader in bear market we can accumulate many new coins for less price

I think very much like you. The market slowly begins to look like it would be the end of the bear market, but also we can not be sure that prices will not go even further down. In my opinion, this is not a good time to load baskets. There will be more blood on the streets!

It's true that it is better to buy when prices are lower, and often the sensible time to buy is when we are still falling a bit but just starting to level off. When recoveries happen then often start quick, so the best place to get near-bottom-of-the-market prices is prior to the bottom rather than just after it.
The question we all want answered though is how far will we continue to fall?

Agree with your word. When price so low it's your chance to buy more perspective coins wich will rse up in future. Market will not going down all time.

Canyacoin ?? why ? do you have any explanations buddy
its better to buy a good altcoins such as ethereum, or EOS, and maybe Cardano my friend

The point is this strategy encourages investors to buy shares when the price drops sharply, actually it is not a good time to implement the strategy. Serious economic problems that accompanied the decline in stock prices, pushed the market to be even sharper and needed a long time to recover. There are times when the sharp decline in stock prices Cash provides investors with opportunities. If the patient continues to bleed, it is likely that he will heal long and may even die

because now is the right time to buy ethereum, the price is very very low and very good if used to look for promising profits, because at this time it will continue to soar again

It depends on how the investors speculate the next price,it could be very rewarding when we buy low and the price go for a high rising,but some of the project could be stagnant or go lower, so it's really important to do research before buying, don't listen to expert or any friends, you need to make your own decisions when you want to invest,and remember to always have a cutloss strategy

You have to do it wisely or your blood will also scatter on the streets. So not everything you have to do is according to the saying. Maybe a good analysis is a solution, whether the streets is blood or not

I suppose most of us are familiar with that phrase just make sure that the blood in the street is not your own blood, how much money have you lost during this bear market? Because if you are losing as much as everyone else then you are not going to get as much benefits, and you need to remember that you could try to take advantage of the market too soon and lose even more money as a result of your eagerness of trying to make money.

yes maybe, or it just a trap from whale and make the price down again.
we don't know what will happen, but if we don't do anything, it's the same as useless.
you must dare to take this opportunity and be ready to lose.

Now it is a great time to replenish your deposit with good coins, however, it turns out that most people spent all their reserves a few months ago in the hope that the bottom that was earlier will be last bottom in this year. But this did not happen and therefore everyone now sits without of money.

if I will try to think about it again before using the word "Buy ... When there is blood on the streets" I have lost a lot of the value of my assets, so I have to be more selective in applying the word.

At first place, we never think that prices turns into like these cause we always expecting ATH all the time. Of course, we are all losing at this time and we feel mad seeing our investment turns down. No one to be blame cause nothing have curse this situation, it is just the market behaves like these.

buy when the red price is a very smart choice but you should be able to see what caused the price to fall, if not for the delete list market then you can buy it but if it's red because of the delete list market then you shouldn't buy it.

I'm looking to do my last buy-in on the 19th right before futures close.

After that I'll wait until end of February or March to see how Q1 2019 shakes out.

traders see blood on the streets like seeing gold, they will take advantage of the situation to get profit. so don't be surprised if many traders will buy in that position to make a profit.

Everyone now has bought and now is the right moment. but for the increase it is still unclear whether this is included in the right time or we have to wait for the market to recover

About purchases during drawdown prices I agree. But why would you buy just one coin for your entire Deposit? I think it's a big risk. Choose at least 3-4 more coins to diversify risks. Perhaps the profit will not be so high, but with an unexpected landing you will lose less. In addition, it is always desirable to have bitcoin and Ethereum coins already established in the market in the portfolio.

Of course, market trends indicate Bitcoin leadership among all cryptocurrencies, but nevertheless it does not fulfill all the functions that were assigned to Bitcoin. First of all, the Company must use Bitcoin as a means of payment, otherwise it will have to fall further.

That is the main problem, there is not enough money to make the price to go up since that money needs to come from somewhere and most of those that believe in bitcoin already invested most of their money in the market, this is why the price does not recover and it is not going to do it for quite some time, but look at it as an opportunity since you will have many months to get bitcoin for cheap.

That is a good strategy. Bear in mind that you should not cash out quick even if there was another fall of some dollars. Just stand tight and wait and now you know that Bitcoin has cane to the lowest of the year; you would either loose $3000 or would win millions.

That is the truth "buy when there is blood on the streets" That has been the cycle of this market.  I keep telling people that if you want to makes profits then buy when the market is in oversold area and sell when it is at the overbought area.  Never stand in danger and do the opposite but that is what most of the traders do.  Remember that you are investing your hard earned money and therefore never allow greed to take over your judgment and trading against the investment's rule.