"Buy when there's blood in the streets, even if the blood is your own."

[ILuckyGuyI]

This is a so true saying, man. We should already understand by now that buying from the dip is a golden opportunity for an investor (especially for a HODLer). To be honest, I have bought some more in this period and started HODLing them too.

[grabpopcorn536]

Buying when the market drops sharply due to FUD is the best way to get rich because selling is very strong at this time. Usually, rallies after sharp declines bring big profits. That is the explanation for the famous saying, also the title of the subject.

The saying of value to the electronic market is difficult to apply because in many cases prices fell so sharply that they did not recover. I remember the bearish event was in 2018, the crypto market went down for days.





HERE

[MCobian]

This is a so true saying, man. We should already understand by now that buying from the dip is a golden opportunity for an investor (especially for a HODLer). To be honest, I have bought some more in this period and started HODLing them too.

Don't be too disappointed to see the current market dump, because now is a golden opportunity for us to be able to buy Bitcoin at low prices.
Especially if it is true that Bitcoin can recover soon, this is an important moment for us to be able to buy Bitcoin. If experienced investors will
like the current situation, especially investors who plan to hold Bitcoin in the long term, definitely do not hesitate to buy Bitcoin at the current price.
I myself bought Bitcoin when the price was $ 32k, although now it has gone up to $ 36k, I will not be selling it any time soon. Because I am
optimistic that the price of Bitcoin can return to the price of $ 60k.

[Viscore]

This is a so true saying, man. We should already understand by now that buying from the dip is a golden opportunity for an investor (especially for a HODLer). To be honest, I have bought some more in this period and started HODLing them too.

This season of bleeding is not really a moment of regrets or frustration but it open doors of opportunity and it saddened us because not all people realize this. To be honest, i still feel little bit worries for this dump season while seeing my investments start to fall. But thinking that this is just temporary and the price will eventually recover and rise up again.

They say buy at the dip and sell when the price is at peak. Yes that's actually i'm doing right now and i'm very optimistic that when the market starts to recover, soon i'll be reaping the fruit of my action.

[Zoe Saldana]

That is wrong because it is out of context.

For example in altcoin market when there is blood on the streets you should run away and don't look back because majority of those altcoins that are bleeding are never going to recover and a lot of them are going to die.
Take 2017 and 2018 for example. Every single altcoin which is almost 10k got pumped during 2017, even the so called "top" altcoins got pumped a lot. Then in 2018 again every single altcoin got dumped ridiculously hard. There are coins that have lost all their value and have gone below 1 satoshi price! Obviously buying any of them is going to be foolish.

This is posted in the Bitcoin forum, not ALT.

[Zoe Saldana]

Warren Buffett once said that it is wise for investors to be "fearful when others are greedy, and greedy when others are fearful." 
We do opposite to that. We buy when market is going up and sell when coins are at their lowest.

Yes.  For some reason people think it is a great idea to buy items when they are on sale at a lower price.  But when it comes to bitcoin and stocks it is the opposite.

[Yatsan]

People have already been getting into an easy panic when the market started to bleed because of declination making them get into soft hands selling their holdings because of the idea that they will be able to save their capital by just simply doing that. People specially the newbies are just into thinking that when the market goes red loss is the only thing that is present but in reality, opportunities arise at the same time for it is the time when the expensive ones can be somehow affordable to be purchased. Green market and red market are both good depending on how you look at it and that is the thing people must see before they easily get into panic.

[clippers]

In fact, if you buy bitcoin now, these low-price bitcoins will carry the blood of investment losers. After the 519 Black Swan Incident, many people went bankrupt or lost a lot, perhaps including yourself. In the face of a sudden plunge, buying back the chips you sold is a knowing choice.

[pooya87]

~
This is posted in the Bitcoin forum, not ALT.

And yet you mention this: "My crypto portfolio is down greatly." which clearly suggests you are talking about a bag of altcoins and not just bitcoin hence my comment about the fact that shitcoins' dump will not be followed by a recovery 99% of the times.

[CryptopreneurBrainboss]

Hard to do but, I'm doing it.  My crypto portfolio is down greatly.

Keep going buddy, what you're doing is called securing the bag. For additional advantage, it isn't just about buying the blood but knowing how to buy when the market is in such condition and one of the most effective way is by dollar cost averaging.

You can google the term out and you'll understand better as the market is best tackled with dollar cost averaging. This will best increase your chances of getting more coin if your initial buy in price wasn't the button as most case it isn't always the button as manipulation occurs frequently in the market.

[Obito]

Yes.  For some reason people think it is a great idea to buy items when they are on sale at a lower price.  But when it comes to bitcoin and stocks it is the opposite.

Well, that only applies if you are not on the long-term side of the market, if you can hodl your bitcoin even if the prices are going lower than your initial buy and you can last that winter, it will still be better.