Buy when there is blood in the streets

[Mr. Net]

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.

[bkbirge]

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.

[Maujiram]

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.

[neuraminidase7]

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

[aceptamosbitcoin]

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.

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...

[Bybox]

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 +.

[Tavarez]

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.

[awazieik]

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.

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?

[esgdrhlg]

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.

[Vit83]

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)?

[mirgo1791]

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.

[tamango]

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...

[bkbirge]

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.

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

[Jarx]

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)?

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.

[dudov]

you should prepare your funds beforehand

[Snorren]

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.

[sukamasoto]

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 !

[novocaine]

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

[cryptoprophecy]

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.

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.

[IMAR]

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.