Despite market downturns, figures like Ripple CTO David Schwartz and Robert Kiyosaki advise the community to buy Bitcoin. The market is historically cyclical, and BTC has always recovered in the long term.
There are a few more concrete factors in play, like the increasing M2 money supply providing fresh liquidity. Michael Saylor plans to spend $21 billion on Bitcoin, and he isn’t alone in bullish sentiment.
Should Bitcoin Supporters Buy the Dip?
Bitcoin’s price isn’t doing well right now, and the crypto community is scrambling. Several bearish signs have been looming, and President Trump’s long-awaited Crypto Summit didn’t do much to alleviate fears.
This week, the market opened with a huge correction, but some commentators like Ripple CTO David Schwartz think it’s a great time to buy Bitcoin.
“Looks like a buying opportunity to me. There are two kinds of Bitcoiners in the world, those that care about the answer to that question [why would I buy Bitcoin] and those who don’t. I’m 100% okay with both kinds,” Schwartz claimed on social media.
In fairness, Schwartz isn’t alone in saying people should buy Bitcoin right now. Michael Saylor, who directed his company to be one of the largest BTC holders, announced yesterday that Strategy would raise $21 billion in stock sales.
These sales would fund further BTC acquisitions. Why are these figures predicting a short-term crash?
This morning, a few new bearish indicators have opened up. Miners are selling off their holdings, and Trump’s comments about a potential recession have caused further market distress.
On the surface, it seems like there’s nothing but trouble on the horizon.
However, there are a few factors that make this potentially a good moment to play the long game. Arthur Hayes has been predicting a short crash that will rebound to a new all-time high before 2026.
Additionally, the M2 money supply has been recovering, which will enable additional liquidity to buy Bitcoin. Even if a crash happens, it may be temporary:
“The everything bubble is bursting. I am afraid this crash may be the biggest in history. It is normal to be disturbed and fearful. Just do not panic. In 2008, I waited, letting the panic and dust settle and then started to look for great real assets on sale at deep discounts. This crash the world is going through, just might be the opportunity of your life time,” claimed Robert Kiyosaki.
Author and investor Kiyosaki has also been predicting a market dip for many weeks, saying that it will be a momentary setback. Bitcoin will recover, and this will be a great time to buy it at a discount.
Ultimately, no one knows exactly where the market is going. Based on its long history, however, Bitcoin always bounces back. It’s well known that crypto has been through far, far worse.
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