Buy...When there is blood on the streets

[shendy]

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.

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[Denton]

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.

[Drama Queen]

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.

[sabine80]

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. 

[labilaab]

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.

[crazylikeafox]

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.

[robaya]

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.

[tranquangvinh]

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.

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

[Google+]

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.

[ttg43]

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.

[Jasad]

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

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.

[xenomorphe1]

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.

[ropyu1978]

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

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

[babarian]

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.

[Cnut237]

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.

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.

[distr@yopmail.com]

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.

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.

[terencio]

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.

[yountt2]

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!

[liuqi]

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.

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.

[devinks]

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!

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.