Should I be buying when there is blood on the streets

in #bitcoin6 years ago

Bitcoin and other altcoins are having a free fall.
Is buying a good option in this bear market? Im almost tempted to buy a whole bitcoin and keep it for the next generation. Is this a good idea?

So many questions and im unsure.
No body knows if the bitcoin has bottomed and when is the bottom. We saw most of the predictions by the experts have gone wrong.

AECC5408-CD96-42D7-834A-E2710546D816.jpeg

Img source: cointelegraph

I am sure of one thing though. The market is going to bounce to great heights sooner rather than later but I might be wrong.

No one knows the answer. I am inclined to invest some money which i can afford to lose.

As we all know there is never easy money.

HODL and wish you massive profits in near future.

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There is definitely blood out there. "Buy when there's blood in the streets, even if the blood is your own" famous quote. Picked up some Steem at $0.40 and hope to buy more.

Bitcoin and other altcoins are erractic condition sir, no idea what is futur.

True but most of the general population only know about btc and they have no clue about altcoins

Hi @moghul

Accidently just bumped into your profile just to realize that we seem to share a number of interests :)

In particular that we both share a similar passion towards cryptocurrencies and blockchain technology :)

big fat upvote on the way! :)

ps. I personally don't think that we will witness any movement upwards anytime soon. Lack of regulations is still a major problem.

I will follow you closely :)
Take care, Piotr

Thanks for your comments Piotr.
Will keep in touch
Have a great time

I don't know about other coins but I just bought a small amount of STEEM at 0.39$ that I used to power up. I do think that we can go much lower than this but I still find it a steal at the current price.

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That’s a good buy. I bought some at $0.5 which I thought was good enough

This post has received a 19.55 % upvote from @boomerang.