Buy...When there is blood on the streets

[Yurkov]

"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.

[Viscore]

"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.

[TravelMug]

"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.

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.

[Naficopa]

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.

[Redoc]

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

[mornabo]

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.

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

[CryptoBry]

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 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.

[Way2Paradise]

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

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.

[clarkt]

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!

[go4crypto]

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.

[Astermony]

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.

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.

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.

[BitcoinHodler]

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!

That statement only for people who have patience in the long run and wise when market is very tricky. When the time during bull run, some still don't want to sell at a very huge pump expecting to raise more price. Now ending up cannot sell now due to dump price. Holding is also good but if your greed is too much then t wouldn't help at all. Learn to be contented.

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!

[Question123]

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.

[Aragorn_125]

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

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.

[Partisson]

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 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.

[atayating]

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

[Red-Apple]

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.

[MBMauL]

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

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.

[Prettymie]

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

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.

[rltim555]

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.