Bitcoin Forum

Rober Kiyosaki[1], a person popular in the network marketing industry and founder of Rich Global and Rich Dad Company[2] stated that the best time to get rich is to get in during the market crash.  He stated that if the Bitcoin market continues to plunge, he is ready to get in and start buying.  His entry window is when BTC touches $20k[3]


He also states that "Bitcoin is the future of money" and thinks that the bottom of this current bull trend would be below $11k. Read more here (https://finance.yahoo.com/news/crashes-best-times-rich-why-120000932.html):

Having an optimist view despite the recent Bear trend and crashes is one of the better traits traders should have.  We have known Bitcoin to have the ability to rebound and yet many had been pessimists and lots lose hope.  We should look at this bear market in a different view rather than Bitcoin being Doom and as a matter of fact, many known billionaires gain lots of profit by investing in a crashing company or stocks but have been proven to recover.

So what do you think about Kiyosaki's point of view, is it possible that "crashes are the best time to get rich"?

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[1] https://en.wikipedia.org/wiki/Robert_Kiyosaki
[2] https://en.wikipedia.org/wiki/Rich_Dad
[3] https://finance.yahoo.com/news/crashes-best-times-rich-why-120000932.html

I completely agree with him. Personally, I have earned a lot of money by investing in BTC when it crashed due to various reasons now and then since it recovered somehow over time.

I have earned decent profits by investing in popular cryptocurrencies like ETH, LTC etc in a similar manner since I was confident that they would bounce back too. However, I always invested only what I was willing to lose.

You won't become rich overnight through this strategy. Long-term HODLING is the best approach in this case.

Well, in my own opinion about Robert Kiyosaki, I can't deny He was one of the tycoon businessman all over the world now.
And no wonder why He is anytime ready to invest into Bitcoin when the price value drop at 20K$ each, probably He knew that the
market was very volatile. I remembered when Bitcoin reached for the first time 20k$ during 2017, then dropped at 7000$ when 2020 came up. So, I guess Kiyosaki is right from this things. And I suggest when Bitcoin down to 20K$ that's the time I think to apply investing into
Bitcoin anyway then HOLD.

Robert Kiyosaki made the concept seem too easy to implement, but it wasn't.
And enough people have fallen for practicing the teachings of Robert Kiyosaki, and his teachings are not wrong, but they are incomplete and make the situation seem much simpler than it really is.
and actually the concept must be equipped with discipline and consistency and also requires strong patience to create perfect results, and many good concepts from famous people but it all depends on the person who lives it.
and entering when the market is crashing is a good option and I agree with this and also most people do this depends on their patience waiting for the market to bounce even though it takes a very long time.

I think we should look on the different perspective, he seems want to make Bitcoin price decrease more and he will started to buy it, this because if you read many articles about him, he always mention Bitcoin will become a future currency but he also mention this year it might be the lowest price in Bitcoin history before Bitcoin reach new ATH again.

There's some articles about him mention the price will hit x
1. https://www.newsbtc.com/news/bitcoin/robert-kiyosaki-i-will-buy-more-if-bitcoin-retest-20k/
2. https://news.btcminingvolt.io/uncategorized/robert-kiyosaki-says-we-are-in-biggest-bubble-in-world-history-warns-government-will-seize-all-cryptocurrencies/

In this article I don't know why he mention to buy centralized shitcoin while claim bullish about Bitcoin and seems already understand about it. I find like he's still doesn't understand at all and when he read an article wrote a word "decentralized" he will define that's coin is actually 100% "decentralized". But the fact is ETH and SOL aren't decentralized, but centralized.

Kiosaki has a youtube channel where they talk about investment all the time. What heis saying is no different to blood on the streets which is true also.

$20K is the most bottom for me but if it drops to $17k, its certainly kind of a depressed market once the price stays there for quite awhile. I suspect   if BTC is on this level, we are going to wait for the halving.  Its a long winter market which could even plunge deeper.

I agree with that take, but I don't necessarily agree with this specific 'strategy' mentioned whereas he's trying to time bottoms (or near bottoms). Timing bottoms is difficult as hell to do but is for some reason still a heavy goal of a lot of people. DCA, people!

I respect Robert T Kiyosaki but I think his current view is not accurate, if you wait for the bottom you won't get it. The chances of reaching 11k or 17k are very difficult compared to returning to the heights of 40 thousand, so I think that the reason for this prediction is to follow the same approach that happened in 2018 when the price fell after a month of stability.

Things in the world are still ambiguous, but by the end of the year we will witness good rises, and therefore expecting a bottom beyond 20k is difficult.

He make it looks easy and say it with confidence because he's probably been through market crashes in different markets and survived. His experience allows him to stay calm and think rationally while other people still panics. Also, he has more money to lose than most of us.

His bottom prediction could become true because we're still in the middle of 2022 and almost two years before the next halving. That's plenty of time for him to wait and change his strategy if the market doesn't play out the way he expected.

Its a very fundamental rule for every investor, I am not going eith his number but the ideology is what we have to take from the statement and you have to find your numbers because there is no one called expert to predict the price of bitcoin so just take the advantage of buying the bitcoin cheaper when its cheap but make sure you are not taking death dive as well.

Robert Kiyosaki is a writer and an advertiser, not an investor. He made his money selling a book, not by nailing bottoms. It's like taking medical advice from a car mechanic.

They most definitely are a great time to get richer, but it comes with a caveat - such crashes are extremely rare and very hard to predict. I think something like a large recession which can drop markets happens every 8 years on average, with smaller corrections of around 10% happening every couple years. Trying to predict such crashes is so hard because the next crash almost never looks like any previous crash, as we saw with Covid and the war in Ukraine. Now we are in an inflationary spiral which might trigger a recession but it could be played out slowly over many years. Trying to time when to go in with all your money is hard and in most will keep a small pot separate while keeping most of their money invested at all times.

Firstly, I still don’t understand why Kiyosaki is idolized as a great and successful investor. This man made his fortune by writing and selling books, not by investing. How can he teach what he has not excelled at? It seems to me that it is necessary to pass the words of public and famous people through the filter of doubts, and also not to elevate their points of view to the absolute.

Maybe yes, maybe not. Far from always, the "fall" value means that in the future there will be growth and buyers at low prices will bring fabulous profits. Enron (https://en.wikipedia.org/wiki/Enron) is a prime example of this.

As for bitcoin, I think we're going to see a rise and the current (and future, if it happens) fall is a great opportunity to buy this asset. I am not a psychic or a super-investor like Kiyosaki, therefore, I can't know what will happen in the future. My forecast is based only on faith and hope, which in itself can't be a reliable signal for recommendations.

I don't think he was idolized or known as an investor but rather as a motivator and financial educator/guru.  He has concepts that fit in as an inspiration to those who struggle to have financial freedom.



I believe he just set his entry points, just like any other trader who wanted to get into a currently crashing market.  I don't see any point in citing whether it is accurate or not after all it was his own opinion that the price would possibly drop at that stated price.


I also believe that Dollar-cost averaging is still the better option to accumulate Bitcoin during the bear market.


With this article I believe the author is selling Kiyosaki's thought of "market in a downtrend is the best way to accumulate profit".  Aside from that being a financial advisor/guru, he has a grasp of what is happening in the world's economy and how the financial system works.   Even though he made money selling books, you should check what kind of book he is selling.  Besides, he can't write any related topics and concept about finance or economy if he is lacking knowledge about it.

he has a reason that he thinks is the right strength, and the right gap to propose bitcoin in his portfolio. when fud is scattered on all social networks, I don't think it will make Fomo too fast on (bitcoin). The density and bitcoin users are still dense so that in my opinion bitcoin is still running in place and this neutral position has been enough for a few days.
if robert kiyosaki opens his (financial) account when someone else closes (a person's pain and bankruptcy from the peak price when buying). It's not like prey or prey. the bitcoin market is ticking and every individual has a plan.and execution of the trading plan at any time.

It's the far better option for most people regardless if it's a bear market or a bull market. Timing markets wrecks inexperienced people, which is pretty much a huge majority of people.

It's like what they also say "Buy when others are fearful, sell when others are Greedy". I'm not sure if it was by Warren Buffet or someone famous who got rich in trading.

Anyway, I agree with what could be the best time to get in. It's always going to be a great idea to want to buy every time it dips or has a specific frequency, like every week whenever you have the money to buy something. It's one of the best ways that you could be sure that it's going to be a fruitful thing in the long run. As long as you believe that you can get more of it, it's not bad. Continue to believe in one thing, and it will surely reward you for something.

I really like Robert Kiyosaki, his book "Rich Dad, Poor Dad" was a great read. He was among my first ever books I bought about money management, investing and how to get rich. The mindset he promotes is very valuable, it gives a new viewpoint to look at things from the eyes of an entrepreneur instead of an employee. The question I always have with Kiyosaki is how much money did he actually make the traditional way, and how much money he made through his books and popularity. He is a big motivational speaker and sells a lot of merchandise for his books. If he only made all his wealth through the rich dad, poor dad brand than I don't know if we should listen to him for investing advice. Nonetheless buying Bitcoins at 17,000 USD is a good idea. I would expect most of us to do the same, if the price ever drops so far. I am still sceptical that the price will drop so low.

I agree, it is a much better option with lower risk especially during a bearish market. I have already experienced many loses by timing the market even with experience however if you will be able to time it right, the amount you will earn might be worth it. But still I wouldn't advise people to time the market especially if you don't have enough time and knowledge for it.

If my memory is serving me right also I think Robert have not really been a strong supporter of bitcoin like Warren buffet. Except I'm not totally correct on Robert position about bitcoin.

Yes looking for down of bitcoin is very essential but at same time difficult to determine. Price isn't really going down sonce last week after a jump from $28k to $32k. I hope Robert is really going to go in when the drop happens though and not to go write some more books and make money from buyers  ;D

this is a truth but which is only applicable to bitcoin and not other cryptocurrencies, i also believe that the best entry point for any business is when the market is down is price then one can make a buy, this is just the simple ideology in bitcoin market survey and price speculation, but back then there are more many things to take note other than just buying at low, I've seen many buying low and yet still run on a loss because they fail to study well the trend movement of volatility as the price keep falling after the earlier purchase.


getting so low to this range may not be necessarily visible for now but the extent to the level of the market research done alongside with the consideration of the halving event that took place may give more reasons to weather yes or no for an answer regarding bitcoin price coming down as low as $20k. but for the fact that Rober Kiyosaki is a social media influencial does not make a difference in whatever he said is true.

It's obvious that crashes are undoubtedly the best time to be rich. Because crashes give you that opportunity to buy some great assets at heavy discounts, I would say crashes are nothing but Season sales which offer you merchandise at cheap rates only that these assets will reap you great benefits once the bull run kicks in. But the only problem why most people can't take benefit of this is because they feel these bear runs will never end they think market will go on to crash and will never ever recover and this panic is actually created by various people around them, if you make yourself confident enough that market will rise once again you will always invest heavily in bear markets.

I agree to what he said. Actually, I've watched his video that his first ever success is when he has bought silver. Imagine and think of this pandemic and many have crashed on 2020 during the surge but you see on the news, billionaires gained more billions.
Whilst the crypto market, it was the start of the bull run until last year. It's true that bear markets are the times of opportunity for someone who wishes to change their lives. But taking risk is a question for each of us if we're willing to bet on it when majority are seeing the crash and not optimistic about the view.

That's why the gap between the poor and the rich is getting wider, because the rich have positive thoughts when the market looks bad.
They don't panic about a bear market, usually rich people will buy potential assets when a bear market occurs, that's what makes them richer.
So it's not wrong what Robert Kiyosaki said, we must dare to take risks by buying Bitcoin in the current bear market. But of course getting rich
from Bitcoin can't happen instantly, it takes patience and a long enough time for us to be able to generate large profits. Therefore if we are not
rich people and want to be rich, this year gives us the opportunity to become rich, if we can take advantage of the bear market that occurs
by collecting Bitcoin as much as possible according to the financial capabilities we have. Then after we collect Bitcoin, we can hold in the long term
and wait for the price of Bitcoin to rise very high. And I believe we will be rich in the future if we do that.

His view is right but he is not the first one that says this. Words like this are always being used to encourage and motivate people to invest in crypto during the bears. He mentioned a lot of numbers there and it seems that he can not properly decide if what is the best number to use when predicting if what will be the possible bottom of btc. finally he end it out with 11k which is very low already in my opinion.

To some, the lowest that they predict for btc is 3k usd but again, I don't think this number is possible anymore. This is going to be an easy money for all of us, in the event btc goes back on this value. People would sell almost anything they got only to get their hands on a one whole bitcoin (lots of it).

Robert Kiyosaki is not the best place to learn about finance. I mean if you are starting new, like lets say you are just 15 years old, then you could shape the understanding of economy based on his ideas, because that will give you the basics, but the "unexpected" part of economy is the real trouble. With his "if you get a loan to buy a house, you will eventually get rich!!!" is just an old thing and not working anymore. Plus, at the same time when you are doing something like that, you are not going to end up being able to pay for your regular life expenses, mainly due to the fact that unexpected stuff would make it impossible to live without even further down the debt line.

Remember how Bitcoin crashed to $3k and a lot of people were waiting for it to crash to $1k, and they refused to buy until Bitcoin will drop to that level, and Bitcoin started growing very fast, so these people missed on the good opportunity because of their tunnel vision. Maybe we'll never see $20k again? Why not buy now or soon, if you believe that Bitcoin will be worth much more? Trading is not about buying at the absolute bottom and selling at absolute top, just making good profit consistently will make you rich.

I honestly believe that the way to become wealthy in crypto is to start taking advantage when the crypto market is crashing, particularly when bitcoin price has dropped so low. If we had started buying bitcoin 10 years ago, then we might have the same fortune by now. But that is not the real case. A lot of us has doubted bitcoin and never come to imagine that the price would go this far. And here we are now, not totally regretting but waiting for a big crash in the market that will definitely make bitcoin and the rest of established altcoins drop their prices at a very affordable price.

Everytime we do hit that all time low on a specific year then people do expect even more lower and some do see it as an opportunity and majority do see it that the market is nearing to an end which is something not that
right if you are dealing with crypto market or investment.Crashes do happen and bear market could take too long where your patience would be tested and this is why risk taking would really be depending into each person. If you are someone who do really love to take risk for the benefit on getting some profits in the future then go ahead but of course you should know the risk you are dealing with.
You cant just dive in without even awaring yourself.

Keep in mind one thing. His predictions are almost as bad as Jim Cramer. Many of predictions never work out and he maybe was correct on a couple of predictions.

He called for a US recession for years and was wrong every time. And he I think was calling for Bitcoin to go higher when it peaked. So take everything he says with a grain of salt.

Now I agree with his statement that it’s best to invest in bear markets. In bull markets everyone makes money but not as much but in bear markets you make much more because you get great entries in many stocks or cryptos.

I am busy reading one of his latest books called, "FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer" and he does not pull any punches.  ;)

I have read all his other books and I follow him on Social media... and he says it in the way it is. If the government is corrupt or if the educational system is flawed, he will say it.

So, I can understand why a guy like him will support Bitcoin, because he knows the Fiat system better than most people out there.  ;)

It's true that he's a writer but he speaks from his experience. I haven't bought his book and only taken a grasp of it from those "financial advisors" that have discussed the elements and contents of it.

There is a reality about taking those opportunities to buy during the crashes and corrections. It's like any person can tell that detail but knowing when it will happen is another question that one should determine.

It's good to listen for some piece of advise but you still need to analyze what you listen and what you have to get.

I'm always watching his videos on Youtube regarding financial literacy, advices for the millennials whatsoever and he is one of the most successful businessman in the world but I don't think that he also knows what is the bottom. Not even experts know it.

I agree with what he said though that crashes are the best time to be rich because he believes that markets move in cycles and I also believe in it as well. Markets tend to move up and down and when the market is down, that is the best time to buy stuff. Buying assets at lower price, taking advantage of the bear market by buying assets at a discounted price. As an investor, that is the best thing that you can do in order for you to get profits. This is the problem with most investors, they see crashes as worst time to buy while intelligent investors see this as an opportunity. I will not take his tweet as an advice though and it's better to just ignore it, stay with your plan and dollar-cost average as always.

I will not go into who the person in question is at all, whether he is a skilled word manipulator or really knows what he is talking about is less important than the fact that many in this thread have already noticed. Anyone who understands the economy and the market knows that the best time to invest is when prices fall and everyone panics. But to invest in such times you must be prepared for a long-term investment if you want to make serious money.

The problem with Bitcoin investors is that they do the exact opposite, they buy during the bull run hoping for a quick profit, and sell during the bear market because they are afraid that they will lose everything they have. It’s easier to convince a frog not to jump into the water than to convince someone that it’s smart to invest in Bitcoin in the time ahead.

A few weeks ago, news emerged that Oracle of Omaha had invested over $40 billion in stocks, and man is only doing what makes sense at a time when it makes sense.

Absolutely no doubt here! It is indeed the best time to buy in and stay invested in the market if you have a stable source of income. I would say to reduce your eating out habit and save more during the current phase so that you can buy more and more of cryptos at the best price. I understand there is a panic around the market due to the crashes happening and with the high inflation rate but if someone has a stable source of income, they can certainly make big bucks out of this turmoil.

I remember one of my old friends did the same during 2008 sub-prime crisis and he had invested heavily into stock market when there was panic selling going on. In two years, he made 2 crore rupees (around 257k USD). It is a big money in my country. Then he invested that amount into real estate and now he has multiple sources of passive income through real estate rentals. I can see a similar time ongoing.

I have seen some of his tweets and found those somewhat interesting. I think these people are the way to understand the next move in the market. All of their behavior is the same.

If you can remember last year when BTC touches the 60k market then most of the crypto influential says it will surely touch and cross the 100k mark which never happens. Actually, those were the indication of the top and later BTC goes close to 70k and crashes from there. Those influencers were actually selling their BTC when provoking people to invest more to hold their sell pressure. I think Robert Kiyosaki is already buying or already bringing a good chunk of BTC and the price of BTC will never go to 11k as he stated in his tweet. These tweets were just to provoke retail investors to sell off their bags so that these people can grab more without moving the market.

And the market has made it possible once again to buy btc at a cheap price, crashes are always good for those who understand the long-term goal. Mr. Robert Kiyosaki is absolutely right, what better time to buy if not now, people often complain when btc price is soaring high that it is too high for them to get in, here is an opportunity but I bet many people won't take advantage. They are waiting for the bottom even though it is not easy to know the bottom.

If you dont know on how to play with your funds or being smart on how to diversify then you wont really be reaching into a point on having that financial freedom due to your lots of source of income which everybody

is trying to attain which is something that hard if you dont do something and of course if you dont plan up that much.It do all matters on risk taking specially on bear/fear/crash moments or times in the market.

If you do really see yourself to freak out then this place isnt for you because if you do really mind about potential then you wont really hesitate.

With my long stay here in the crypto market, i realized that it's really the big crashes that make the best time to invest in the market. Although not all realized that but the truth is the bear market is always the start of wealth accumulation. The reason why a lot starts to acquire a lot of bitcoin during bearish market because it could make them instantly rich once bull run starts.

He is talking the truth though..

If you have ever experienced to buy 1 bitcoin at $500 when everyone else thinks that it is the end for bitcoin as the crash from thousands dollar have never been imagined.
But then you had a strong believer then hold it on till last year worth $60k each ..
Then you wilk know that kiyosaki are really talking the truth!

But sometimes in times when crashes occur some people don't have money to spend to buy more alts and get rich later because majority are just on short trades then the profits they cashout their after that. That's why only few people got fortune on this that's why I'm not surprised at all seeing people telling that if they only buy some of alts at that time they will be rich for now, so I guess this statement should really be taken by anyone who want to join the scene and worry about those dumps coming.

Well, it's not for nothing that they say that those who don't take risks don't drink champagne ;D I would prefer to earn in more favorable times and in more favorable conditions, but still the fact remains that the current decline of bitcoin is a wonderful chance to raise your capital quickly. Another question is that such times are risky and not everyone has enough level of endurance not to give in to panic and vice versa excessive euphoria and correctly find the moment when you need not to miss that cherished moment when the asset is located at the very bottom. But it is still better to earn on the constant growth of the asset ;) I also think that now is not the limit of the bear market, but I still think and hope that it will not come to 11k.

Without a doubt this is true, most people spend way beyond their means, which means that when something goes wrong then they do not have cash to settle their debts and solve their problems so they have to sell their assets for a bad price, if you are smart and you have money around when that happens then you can buy for a fraction of the price that it would have otherwise cost you to buy what you want, and right now you can buy bitcoin for a huge discount after the crash caused by luna, so without a doubt this is an opportunity that we cannot waste.

Well, it's a general truth, and it happens not only regarding Bitcoin. In the RE market, for example, it is often said that you make the profit by buying cheap. Bear markets in general are good times to buy, and although it is difficult to hit the bottom but it is not necessary to hit the bottom to buy cheap.

In the Bitcoin example, where do we expect the price to be the next cycle? I think the absolute minimum will be to break $100K. So, if we are now about $30K it is a good time to buy, regardless of whether the bottom this cycle will be lower. If it goes lower then you buy more.

No matter what happens, there will always be people who can benefit from the current situation. I think Robert Kiyosaki is a good motivator. I don't know if he always follows his own rules, but his books are really impressive.

Correct conclusions must always justify any risk. How many bitcoins did Michael Saylor buy? The difference is that someone won't panic if they don't get an immediate benefit, but simply wait for the right moment. But ordinary people, who are the majority, must weigh their spending so as not to be left without a livelihood, investing all their savings and having a dream of future wealth behind them.

Yeah I agree, bitcoin dropping down is possible, because of its volatility; no doubt about that because I also believe that if anything makes Bitcoin drop to $11k today, there’s every tendency that you might as well assume and believe it can go down further to maybe $7k or $5k but just at this point, it might in full confidence as I have seen several times, bounce all the way back up.

Just like you said, I also witnessed and remembered the period it fell to $3k. There were a lots of assumptions that it would touch $1k but to their greatest shock - it rose back up with speed and agility.

I witnessed also this time. It was around 2018/2019 and down to early 2020 during the covid-19. Usually there are prediction for more down to come at the time that it got that low to $3k. This time the prediction for more down is not really coming up strong because people are still feeling all is not the same with the past indices because of institutional investors, adoption and use case value from platforms also.

I'm a bit late to the party but imho he's right and wrong in the same time.
Yes, it's easiest to get rich when the prices are crashing. But in the same time, not all the prices that have crashed will get back to high levels, hence it's identically easy to become poor by buying at crashed price.


I see people give examples with Bitcoin when the price was low. Now it's low too compared with the ATH, remember?
But somehow people don't seem to tell about the way-too-many altcoins (some shitcoins, some not so bad, but clearly unlucky) that have never recovered after the 2018-2019 crypto winter.

I have to agree with you OP. Though most of the people tends to panic whenever a sudden market crash happens, but it should not be the correct response when the market plunges. Not all realized this but the market crashes are definitely the biggest opportunities to become rich. This is the best time to fill in your portfolio with bitcoin and diversify with some solid altcoins. Once the market turns bullish, you will have the best profits ever as you are selling them at a very high and reasonable price that will instantly create a big leap in our life's economy.

I'm also one of those people who agree that when a market crash occurs, it's actually our chance to get rich. I can say that because I have good
experience and knowledge of crypto world. But many people want to buy crypto at a low price, so that they can make big profits. However,
when a market crash occurs and makes all coins experience a very deep decline, as you said most people tend to panic. Whereas when the market
crash is our opportunity to buy crypto at low prices, but most people are too focused on seeing their assets go down drastically.

Therefore panic occurred, and they chose to sell their crypto instead of having to buy more coins when the market crash occurred. Whereas what
we should do is remain calm and must believe the market crash is only temporary, so we are braver to hold the coins we have and buy again when
the market crash occurs. Therefore, it is very important that we learn about the crypto world first before deciding to invest in crypto, so at least
we know how the crypto world works and don't make wrong decisions when a market crash occurs.

This is really a subjective matter to me and it depends on the strategy of the person how he can take advantage of the market.
It is also highly dependent on which coin you will be buying and holding, and selling at your own time.
The suggestion seems easy but it is a complex one when you try to apply it on yourself.
Because there are many considerations that you need to think of before buying a specific coin and hold it.

Another thing though, that is if you have the mentality and obviously the most important of all the capital. We can all say that we all wanted to buy and hold, but then again, we get emotional and sell it at the wrong time. Same thing with no capital at hand, the opportunity is there, but unfortunately, we don't have the money right away. So it depends on the individual and hopefully if will fall on the right time, when to buy and how long the individual will hold the coin to maximize the profits.

When the market is bullish and the price is at the peak, we have the possible chances of making profits at the shortest. This has got risk, but the bull market will assure growth whereas with bear market the entry point will be at the bottom. Here we need the patience, because the market being bearish takes time for takeoff. Here the risk is low, compared to buying at the top and booking the profit.

At this specific point of what is raised, it is not something that on average is something rare in the history of bitcoin, that is, it is not saying anything that cannot be understood by looking at the hundreds of times that bitcoin has been in this situation and If we assume that the ATH is the goal to overcome, with bitcoin the best moment is always its worst fall in relation to its last ATH.

By the way think that a crash is an efficient way to become a millionaire with bitcoin, it is a worn-out thought and that in the longevity of bitcoin each new ATH is a unique investment opportunity, that should be the reference

These are individual opinions to be honest though because as far as I am concerned, there’s literally no analysis that is 80% accurate, so I believe he said this because he felt that would only naturally be right that after a crash, comes a buy and then comes the pump. He failed to understand that given the stats of Bitcoin, it is practically much harder and more likely impossible that Bitcoin would hit $11k as he has said, compared to the possibility of hitting $40k because at this point the market is doing so much to the price, so much that it's only right to say It would be increasing, topped with the fact that we have roughly 10% of Bitcoin left.

Have gone through his Rich dad poor dad and like him for also supporting bitcoin and making people realise how inflation will rob them in future so his this approach is correct as if you see most rich men are made at tough times.If you can time out it perfectly you will make enough profits in long although it's hard but not impossible.Even if not just invest some at dips and everything will be fine if you could hold for some time the profits will be in your hands.

I've posted a similar opinion on another thread that seems to be in consonance with the opinion of Robert. I've always been a fan of Robert kiyosaki and I've read most of his books on financial discipline.

He is precisely correct because these crashes are the one that will give you huge percentage of profit once the market goes up again rather than buying only when it starts to go up or everyone is bullish again. If you want to maximize the profit that you'll earn, don't be afraid to buy during these crashes. But keep in mind that don't go all-in during those time as no one knows if it will dip more. Always have a fund incase it goes deeper even more.

Yeah, and it's a no brainer, market crashes offer a lot of opportunities for us. Just imagine buying our favorite crypto as a discounted price. This has been a proven strategy already. But some reasons, newbies are not aware of this effective strategy. So they don't buy when there is crashes, but instead when the price is at the top price. It will take them experience to totally understand what a bearish market could bring for them. It's not all negative, on the contrary, it's an opportunity that might not come along again.

DCA is the key to maximizing profit and not missing the opportunity to buy the dip.  I agree not to go all-in because of the reason you stated.


That is why many advise us to only invest our extra money because it may take time before we can see profit from our investment especially since the Bitcoin bear market often lasts for years.


In this article, Kiyosaki talks about the Bitcoin market, nothing else.  So I think his concept of making money by buying the dip during crashes makes sense.  Though his entry points are kinda very low, but still, ignoring his Bitcoin market entry point,  the idea is pretty much solid.

True, in this case the market provides a very large opportunity for such things because indeed with an accident like this happening indirectly it provides an opportunity that will indeed be very difficult for the same thing to happen again when we want the bullish time to come. So, why not make the most of it. Utilization like this is the best thing to do instead of continuing to speculate without doing anything.

It's true for those who know how to use it but it is not true for someone because when the market crash this is a time for them to lose. They will worry and then they will sell at a loss. You said a crash can offer a lot of opportunities, but what could they be? I only know one opportunity and that is you can buy at a discounted price.

Selling for a profit is another story because that mainly happens when there is an increase that happens in the price or when the crashes are over. Buying at the top is risky but it is also possible for them to earn a profit this way as long as it was the top coins are the ones that they are buying not the sh!t coins.

That's proven and tested for Bitcoin. Once you purchase during the crash, you'd be lucky sitting there waiting for your retirement plan or lambo lol. However, finding or waiting for the bottom dip might be a little harder than what everybody thinks. It's not guaranteed and you might miss the buying opportunity when you do nothing during the crash because you're waiting for the absolute bottom.

The key to get rich in crypto is to always seize in every market crash because aside from the fact that you can maximize your purchase, your expected profits will definitely increase and become huge. The reason why we should always be greedy when bitcoin price continues to drop, even if others have become fearful. The more bitcoin we can add on in our portfolio, the safer our investments, the brighter our future will be.

But that's the point only few out of them have that long term holding mindset others simply sell with little profits while the other group of panic sellers is present.They will buy at specified price and if it went below that they will start selling without even realising the dips and volatility as if it will not rise above again.So the best is to buy during these red graphs and hold for long term.

Completely agree with you here. There is no telling in how much BTC is going to plunge. In fact, as you mentioned, predicting the bottom to be 11-17k would be a more difficult thing to happen than BTC reaching 40k again. I feel that BTC is approaching its bottom and has a great chance to start rising to new heights after the next halving. It's not completely unpredictable and will rise again at some point in the future. In a sense, Robert T Kiyosaki makes a good point, but it's not possible to predict the bottom that he is hoping for. For what its worth, getting on board with mining sooner rather than later will benefit us all in the long run.

They say that the bigger risk, the bigger the rewards that we could gain. Sometimes, fear keeps us away from financial freedom. Because of the fear of the bear market, we always miss the chance of accumulating coins at a cheaper price and buying them during the bullish season because of the fear of missing out which is a common mistake. If we want good profit, we have to face our fears and buy potential coins that we trust.

I guess that's only really applicable if they're trading, rather than holding. Well, at least up to this point it would've been. Obviously, history isn't guaranteed to repeat itself. However, I should think that most of us on here, have greater sights in mind when it comes to price, at least for the long term.

So, crashes technically are the best time to accumulate as much as possible, and then holding for long term looks like a high likelihood of profiting. It's whether or not you can weather the storms in between.

So what do you think of his advice now? BTC may not have dropped to $20K yet but it's close right? It could even get there in a matter of hours. He may have made money selling books but that doesn't mean he hasn't learned a thing about investments all these years. For sure he also have some analyst friends who share their view of the market.

You are so right in saying this. When bitcoin is high we all say we will buy once it come down and when price of bitcoin fell down we start speculating that it's uncertain, bitcoin may collapse to 20k and bla bla. Right now bitcoin  is 23k$ and its best to accumulate it at this price.

Robert Kiyosaki always talks about real estate, and I get it, USA is one of the best places to invest for real estate, but not every nation is like that, some parts of the world where houses are SUPER expensive, like literally 200 years of minimum wage salary worth of houses, when you are making just a bit more.

I would need to work for 87 years to buy a house without spending a dime, does that make sense as an investment? But the idea could be replicated for crypto, the market is low, and it will recover "eventually", maybe not today, but it will happen one day and we could literally profit from that whenever we want to, that is the most important part.

That is why there is this method called Dollar-Cost Averaging.  It is a method where we buy every dip in a crashing market to lower the average price of the item and maximize our profit when we decided to sell it when the market becomes bullish.


You beat me :D.  I was about to ask the same thing now that the BTC price is close to Kiyosaki's entry price.

actually no one knows until what price bitcoin will drop, but indeed many predictions have come out of various people, for me personally now is a golden moment to buy and set aside capital in the event of a crash again, so that we have the opportunity to get the best price to buy, and it's easier to make a profit. Many people spend their capital in one price, so sure, but reality says otherwise, so they are frustrated because it floats.

I can understand that people are looking for the bottom as that is the optimal price at which we can buy or investments, but at the same time this is something so difficult to do that those which eventually do it did so just out of luck, and since we cannot depend on our luck when it comes to something so important that could even define our future then it is time to take action and buy bitcoin even if this is not the bottom, after all it makes not much difference over the long run if you buy now or later for a lower price.

A profit is still a profit and it's something that we must be grateful for no matter how big or small it is. It's fine if we wait for the bottom and aim for a higher profit but sometimes, our greed could lead us on the wrong path. As for me, as long as we're in the bearish season, we should take the chance to buy cheap coins with a high reputation. Being smart during the crashes will be an advantage.

Your strategy makes you rich. I earned good profits by investing during covid times in shares. I think same is true for crypto. Those who invested early in crypto are millionaires now. I am looking forward to invest in crypto,
I choose bitcoin and ETH as my safehouses for long term investments

In the crypto market, it's always the crash that creates a lot of opportunities to get rich in the future. Wise investors are doing this, the reason why they can maximize their profits when the market turns into bullish because they always make sure to never miss single opportunity brought by bear market. I just hope that those newbies with weak hands will realize this, so they won't easily get panic when the prices are crashing that resort into wrong decision making.

Stick with BTC and some mix of those top altcoins in the market on which it could really give out that kind of assurance deep inside in terms of long term aspect on which people do usually sees off
about Bitcoin potential and some altcoins in the market.We are all hoping on becoming rich thats why we do really stick out into something which had been mainly supported by the community
but of course you shouldnt really exclude out the probabilities because anything could happen.In terms of opportunities then you should be wise on when to get in and
when to get out. Rinse and repeat and as long it do benefits or make profits then thats what matters.

That is exactly how most rich people got rich in investing world. Look at warren buffet and his portfolio, bank of america, american express, coca cola, geico. I mean these are all companies that are giants of their field, they are not some small investment thing that you could invest and get rich, even back when he invested, they were giants. So if you keep on investing into bitcoin and ethereum and bnb for example and keep doing this until you die, then you will die a very rich person most probably. Trying to find small cap stuff to get rich very quickly will almost always end up with you losing all of your money in a scam.

True, but almost no one is willing to use the same formula as Warren Buffett, many people think of investing in a similar way they think of the lottery, they want to obtain tens of millions of dollars out of nowhere and they want this to happen relatively quickly, and this is not something that happens to most people at all, the truth is that if you want to get rich with investing you need to give it at least a few decades, otherwise the chances that you will fail go up almost exponentially.

And now that we are in a crash again, this is another best time to get rich but accumulating a lot of BTC. We don't know though if it will still continue to go down or this might be the lowest low for this year. But still, we don't need to wait for another perfect opportunity. Just DCA or just buy in chunk in you have the money. This kind of opportunity might not come again, so better take that advantage.

I think so, when the market crash then the smart investor will buy instead of selling because of panic and loss, this is the easiest way if we want to profit, even I wait if the price of bitcoin drops again under $ 20k then I will buy more, in binance and FTX I have put up a buying price of $ 18k bitcoin.

And wouldn't be a bad idea if folks can also start to learn and unlearn some stuffs such as not workings for money cause of them desires and greed, they should learn about financial education, in this crashes it's also not about stacking and holding bulks of BTC but also knowing how money works. Financial education and Financial intelligence are two problems of most humans, even as grown ups, they literally lacks of them qualities.

According to Robert Kiyasoki, in crises like this, we should look out for the opportunities and not just the problems. Asides he's wife, he said, " in depressed time's your investment, your big businesses, employee's and employers won't strive much.

Unfortunately many "not so smart" investors are selling right now, that is the reason why it is going down as well. I mean how could the market go down that means there needs to be someone selling otherwise it couldn't go down, and that is usually the newbies that are making a big mess out of this.

This is why I have to say that the best thing about the current situation is that MAJORITY of people are doing the wrong thing, and let them do it, it's fine by me because when bitcoin goes back to 100k and they get back when itis 50k or 60k, they will say "I wish I bought it when it was 20k, but I sold instead" and will only try to recoup their losses, when I would be counting my profits instead.

Things are different this time unfortunately. The market trend honestly depends on the one who controls it... The one who controls it is on bitcointalk.org. So, this forum should be the center of attention for serious traders.

People don't want to take the risk of buying when the market is red, and I think this is the difference between successful and unsuccessful people, successful people make the red market as it is today to invest more, but failed people will panic and sell assets in a panic and lose.

That is because those which become successful know when to take a risk and when to avoid it, those which are panicking do not really have any excuse right now, I could understand this if we were on the early days of bitcoin, but when we have so much evidence of bitcoin being able to recover from such crashes then they do not have any excuse for the behavior they are showing, but that is their problem, people like us will keep buying bitcoin with a discount for as long as we can.

This is true but only  if you buy the right assets. Many alts will die off and never going to recover. Bitcoin (and a few other alts) will probably survive this bear market and make their owners rich just like how they did after the previous bear markets. But overall, Robert is right. The cheaper you buy, the better it is. Just because you bought them coins for cheap, don't mean you should sell for cheap. You'll just have a wait a few years and make holding worth it.

He is ready to buy or he is already buying? Because I don't know how down he think the price could go, it's possible that we may plunge from here or may be we have bottom out.
This is the best advice you can give to anyone who have been on the fence through out the bull market to have a chance to start crypto journey, those who made out millions started during the last beer market, now is the time to become the next bull run millionaire.
However, this advice can only ginger new investors, those who have refuse to sell are still holding and those who were scared have cashout in profits and also in loss for fomo buyers.

But actually its hard to find the dip not unless if you have a lot of money to cover up some mess if you mistakenly spotted the dip and buy when price dumped again for more rounds. It's easy to say about those crashes is best time to get rich but actually many people struggles to execute it on reality because the market pressure is so high and many cannot able to take seeing how bad the bleeding market is.

Experience will be the best teacher to anyone to know what things they need to do if there are huge crashes coming up.

Maybe Robert Kiyosaki is right, we also think so, market crash is a good opportunity to own and buy Bitcoin, But most of the investors are afraid to start, only the brave and take risks start it.

I also have the same thing, of course I don't want to make mistakes when the market is like today.

More holistically, there are many ways to look at this when the breakdown is to the point where many people don't have a chance to do it again :(. But I like this view because it's positive and full of optimism. We need to try and aim for the good in the future. People need to stand up to overcome mistakes or failures to create things that people feel happy about. Having failed with my previous real estate investments without having a solid understanding of it, I told myself it wasn't over and I needed to start over, until I wasn't tired. With more debt, I gradually understand and appreciate this life; the opportunities we create.

there should be no doubt if you see this theory (theory), and people who want to be successful dare to send their fiat money to school with bitcoin which is still weak (more bearish).
I try that and argue that I am different, I believe in bitcoin.
but only lasted 2 days. laugh out loud.
I withdraw (sell bitcoin when it drops again around a few dollars). exchange it back into usdt I think just in case bitcoin signs a few weeks maybe one day, next month will experience confirmation. then I am ready to buy back a few percent of the budget. I think bitcoin will surprise you, just as it now gives people the threshold to buy and share.
you are right bro and i am still very positive about bitcoin.i will continue to keep bitcoin.

Very effective way and its proven and tested of some investors that use to accumulate bitcoin at the button price and keep hodling for long run. Like what others said " you accumulate bitcoin when bearish and you accumulate cash when it's souring". So If you don't believe in such perspective and fact, then getting rich on bitcoin isn't not for you. Lol

Being too careful not to make mistake is the reason that the rich are always rich and the poor keep going down. Today bear is tomorrow's bull therefore buying now can be a better time than hodling. Accumulation of coins isn't about waiting for buttom because it can't be determined by anyone. Although it may go down more but it is a time to stock coins for the bull season.

Well, successful people know when to invest.  They don't just invest because the market is red, they invest because they see the potential of huge profit on the asset they are looking to invest.  Investing blindly just because the market is red will incur more losses than profit.  Remember LUNA crash?   If you invest during its crash to $1, you are in big trouble by now.  Even with an enticing market price, we should do our deep research towards that investment so that we may avoid loss of funds in the future.

Yes, it was like real life. You don't see everyone become rich after crashes or recessions, only a few are able to do that. It was thanks to not just opportunities when crashes but also because they know which asset turn to gold after this. Same for altcoins

Who doesn't really like on getting rich? The primary motive on why we are here is that we do really want to reach our goals in terms of financial freedom that's why we do trade or invest or long term hold and everyone of us does hope for profits which is something normal and that would be possible of simple or basic principle of buy and sell into this market but this isn't something simple as it sounds because this is the main challenge once you do step your foot into this market on which lots of speculative approach and presumptions you would really able to make along the way.

Well i believe somethings were better done on wjat has digital value and significant interest of the people to be used as thier generally accepted means for their transactions, this is what build and accumulate trust and confidence in bitcoin than other cryptocurrencies that whenever it galls it shall sure rise again, many take the advantage to launch an entry but why others miss it out is because of their wrong investment on the wrong coin or projects

That is correct - you are lucky you invested in ETH and LTC. One of my friends invested in LUNA and it was a complete loss.
The good time to invest is the time when market crashes. But for this you have to be extra patient. And Person like me dont have patience.

Bitcoin was trading on 18k$ yesterday or day before yesterday, right now it's on 20k$. You are right we have no idea what's the bottom at which to buy. My opinion is that we have to decide a target value and start buying slowly when that price is reached, never buy all crypto at one single price. Even current price of 20k is a safe bet to buy bitcoin.

Your point is well noted mate. But the case of LUNA is completely different as this is the first time something like this has ever happened. I think there's no better time to buy stablecoin like Bitcoin, Ethereum etc. than when the market is bleeding because it would bounce back.

This does not need to come from popular marketing guy or rich person really, this thought is way logical and everyone should understand the benefits of buying in the bearish market like this. It’s simple logic, things are discounted and cheaper than ever before, it’s not out dated and has confirmed value in the future so it’s not big deal really. Just buy it. All we have to do is wait for some specific duration ahead and the result of this would be profits.  The longer you wait the higher the profits.

I agree but you have to have money to make money. I have been putting a portion of each one of my paychecks into BTC and ICP. I think that those are the safest bets right now and they are extremely oversold.

Yes, I really agree with him. Last time bitcoin hit the lows at $4,000 a couple of years ago, I was sure that this was a complete collapse of bitcoin. After such growth and the second mining boom, I also adhere to the position that I need to buy, so I wait for the rate of $14-15k and buy.

This seems like the best time to buy bitcoin yeah. There was a big accident when it fell from $60k to these values. However, this is not an accident, it is a great opportunity for all of us. One of the lowest values ​​before reaching $100,000. All we have to do now is buy bitcoin and wait. A few years from now, we will have easily made a profit.

So you turn down a 70% discount

21/69 = about 30%

I purchased at

19.9
18.9
17.9

tomorrow I will buy a piece

It is reasonable to want to buy at 15k, there is nothing wrong with that, but to not buy at the current prices would be a mistake as well. Just like phillipma says, you should buy at those levels, and you should also buy at 15k when or if that happens too. I have been buying bitcoin for many years, automatically, each month when I get my salary. I would buy bitcoin today if it is 5k, I would buy it if it is 65k, and I would buy it anything in between. In my mind, it is clear that the best thing we could do with crypto would be to just buy it, buy as much as you can, why? Because I am %100 certain that it will reach insane prices, hundreds of thousands of dollars, and before I die (unless I die very young) I will see a million dollars per bitcoin. This is why I am buying bitcoin at any price we can see these days.

When cryptos(& stocks) are dropping and fear is rampant, there are often great opportunities for those who are able to see beyond the gloom and doom.
Obviously, no one knows for sure when the best time to get rich would be, but crashes could present such opportunities. Simply because asset prices are often reduced to a level that is much more affordable. This is could be an opportunity to purchase high-quality assets at a discount  ;) It does come with added risk tho

Some people prefer to invest during times of stability and growth whilst some are risk-takers. Robert sure seems to be the latter one.

I agree on that in crypto there are a lot of strategy to become rich and i am sure that one of this strategy is buying when market is on dip season. There are people that always wait for the bear market and grab the opportunity of buying crypto in a very low price , there are also investors that only invest when the market is slowly recovering but i believe that the best strategy is to take risk of buying on dip because there is a big possibility that you can earn big on buying at dip than buying when market starts to recover.

If people want to think smart, then the theory of buying cheap and selling high prices must be applied, when compared to ATH, of course the price of bitcoin is currently dropping more than 65% so that the first theory of buying cheap has been fulfilled, and the next thing is to wait for the moment when the price is expensive so that can sell with profit.

Thats true. The best time to fill our bags are during market crash, however weak investors are hesitating to buy because of their worries that it might drop further and they will loss their capital. Hence some investors prefer to buy when the market is starting to recover and I think its understandable.

But the current price is quite cheap and its a chance to take advantage. If you know the history of Bitcoin then you'll understand that situation like this is just temporary and its a good opportunity for investors to engage themselves.

This Robert Kiyosaki statement works only for those who has money pillow. Those who live from salary to salary, wont support his statement. I am not very familiar with his creation, but does he teaches how to earn during crashes with current salary or how to save during a crash to turn this amount in future into investment? From my point of view, his statement is another interpretation of buy low sell high, and I see nothing new in it.

Well, it is obvious that buy low and sell high is nothing new but many investors are afraid of entering the market during a bear market.  I think his statement is to encourage people to invest in Bitcoin while the price is crashing and that is something that differentiates it from the typical buy low sell high strategy.

So there is the trick. As far as I know, Robert Kiyosaki on first place is a writer, and a businessman or investor on second. His article on Wikipedia says that most of businesses that he has started went bankrupt. So for me he is more motivator than a man with real experience. He just pushes people to make an action, but he is not responsible for results. From his point books, the person will either get money, or lose them but gain experience. I can play this 50/50 roulette by myself, without his advices.

If as an investor you can't see the benefits of periods like this except only the negative then you are better off investing on something more stable like gold or real estate. Otherwise what is the point of trying so hard to convince people to dca in bear season if they don't believe a bull season will come around again. Anybody who don't feel comfortable buying now can probably wait till next bull market to buy. :-\

I wasnt aware on his history or past things that had been done but since you had mentioned about his business gone bankrupt then it turns out that his advises in terms of investment wont really be that much a suggestable thing for you to follow.

It is really just a common sense that every dip on particular market conditions would be opportunity to buy cheap and make yourself position and even with newbie investors would able
to mind off those probabilities which doesnt really need for you to be that popular or someone who's known.

Getting rich would be totally depending on what are the things that you are risking and having that intuition on making rightful decisions but of course
nothing is assured.

They cant be called investor if that is what they act but a real investor will know what is the best time to invest and a bear market is one of it. If you only convince one person then you have a less chance that the person will believe on you but if you are convincing more people or you do it online then there's always people that will believe on what you are saying so you shouldn't get discouraged of doing that as that can help crypto to become more mainstream.

There are actually people that aren't comfortable to buy at lows but they are more confident to buy when highs, it's only risky though but they can still be lucky and earn through this.

Today the market drop is more than 5%, it's time to fill the wallet at a low price, I prepare around $ 200 to buy bitcoin at $ 19k or $ 50 will be filled soon, the classic theory is to buy cheaply we can apply if you buy it immediately, I'm optimistic Tomorrow or the day after tomorrow the price will return to $ 20K and if sold then profit 5% in a day.

No one gets to know if its the bottom price or not, so probably he'll miss another chance again if he always wait for that. But if one does DCA while  waiting for the absolute bottom, then he will continue taking the advantage while the market continues to crash. However, not all the people here gets excited when there is a market crash, newbies easily lose their focus and resort into wrong decision making that could end their crypto investments.

No one knows thats why its ideal that every dumping or crashing moment is an opportunity for you to buy cheap coins not only limited to Bitcoin but also in other altcoins as well and i do agree with these sentiments
came from these known people or billionaires on talking about opportunities and stuffs but be careful since not anytime all of the things that they've been saying are real but sometimes its manipulative
thats why you should really be careful on anytime you do tend to take up some advises and do listen out and rely on making decisions come out from it.

Obviously crashes are the best time to get rich only "if you can afford to invest and willing to hold long term". Just because the market has crashed, doesn't mean you have to start investing and go all in. We never know what the "crash" might end. But those who have some extra funds lying around, they can slowly start investing. As the price goes down more, they can invest even more to maximize their profit. Once they are done,  all they have to do is sit back and keep holding their coins till the market recovers and reaches a all time new high.

Most people will follow the trend, successful investors will think otherwise, buy cheap and sell high is a non-negotiable principle, simple theory but many people forget because of panic or worry that there is no hope anymore.

That is the difference between a professional trader and a beginner because of the lack of experience and flying hours,
if the dominant panic when the market crashes then it will affect in making decisions,
Panic will only make us take wrong decisions and in the end it's self-defeating

If people think wisely then when looking at the facts of the price of crashes becomes a good opportunity to buy, we must be optimistic that the market is immediately rising, and I'm sure when buying during the Crashes market it is easier to profit than when the market is rising.

you are right Robert kiyosaki never be an investor it only passes the knowledge of investment through writing of books and the selling of bush I've read many books written by Robert kiyosaki and what you'd only talks about it's all about how to invest but I never stated that the author of the book have invested or hasn't invested anywhere so it is not written in in any of his book

There is some merit to this, but rather than saying it's the best time to get rich I would look at it as another opportunity because if done wrong it could also be the quickest way to go broke.

Just accumulation and debt, that's all he talks about in all his books and that's how he got rich. This may not work in every place neither, like real estate in Miami may work out for the best, but real estate in New York is not always a smart idea, or Toronto. This is why you should always focus on how the idea could be implemented and not if the idea is good.

For example, his idea of accumulation and debt may not be awesome in crypto, you could take out a huge loan for many years, and then buy bitcoin and then wait, would it work out? Well maybe, if you could find a way to get itself paid, but that would be hard, and staking would be required, and you would need to be taking a loss first few years, then maybe if you are lucky you could get it profitable.

For this reason, investors love Bitcoin crash times to be able to buy as much Bitcoin as possible. On the other hand, rising periods are not a victory for investors who want more, but rather a profit for investors in the short and medium term.
The president of El Salvador gives us a good example of this, as his country's loss of more than 20 million dollars did not dissuade him due to the collapse of the price of Bitcoin to unexpected levels. However, he announced his purchase of an additional 80 BTC.

I agree that it’s time to buy some more. It was a temporary fall that could be recovered very easily, so it would be quite profitable to buy from this price for sure. I am not saying that it will be a "quick" profit, but it sure wouldn't be a long one neither.

We could go back to 20k+ in a single day by the looks of it, so anyone that buys right now could end up making about 10% profit in a week top. Doesn't mean that it will happen, we could reach to under 15k as well and that could be a problem, but that doesn't change the fact that it’s a profitable situation to be in right now. This is why I believe that we should buy as much as we can right away.

I guess it’s easy to say but actually hard to do and understand for those who only want to see the market at its bullish season and just want to make profits the whole time. Unfortunately, the crypto market does not only revolve from it, but certainly a bearish season will also hit the market when it’s its turn. So when the market crash is already here, a lot have started to doubt the market and eventually leave, while leaving those wise investors with strong hands take advantage on the market and start to build their own wealth, a single fact that most people are unaware and just regret when the market recovers as they have missed another golden opportunity to get rich.

I agree - its easy to say but hard to digest. and hard to believe that you are investing in the one which has already crashed.
Talking about LUNA - is it a good time to invest in it? Obviously not! So this is not fit for everything.

Buying Bitcoin when the price is down can be a pretty safe choice, and don't forget to pay attention to what factors affect the decline in Bitcoin prices so you don't get caught up in other opportunities that can bring you bankrupt quickly, so careful planning is needed so you don't go wrong. In general, Bitcoin prices tend to fluctuate, you can buy Bitcoin using the buy the dip strategy, you can hold it for some time and sell Bitcoin at the highest price in order to make a profit.

That's just the same meaning of what RK has said. But either way, it's the truth that he said. Well, the problem goes to the investor if he has cash at these moments.

It is the main reason now why everyone is going to keep their profits in cash or any stable coins during the bull run. So, whenever the market crashes again, we're all prepared to buy at those levels and we'll take the opportunity and advantage.

Always mind on having reserves on which you should really able to dive in whenever you do see opportunities that comes in front of you because if you dont then it would really be regrettable for you to miss out opportunity which you do see that doesnt really come often specially on crashes or price decrease something like this.When you dont have any reserve then the thing you could only do is to stare
and regret that you hadnt bought on the dip.RK does have indeed that point because we've seen this market for how many times in terms of movement which after a crash then recovery would really be next in line.It wont really be that a assured thing but market could really be having those paths and also we cant really just see a market to have dumping price forever.

Not always it is the best thing to do - and not always people are smart enough to make a right decision at the right time.
But many people invest in petrol when the prices were down during COVID now those who invested in petrol are happy and everyone like me are screaming at the top of their voices about inflation. What a mess we did to ourself.