Distinguishing Mindsets Regarding Wealth and Spending

There is a notable contrast in how different economic groups respond to price reductions. When a retailer such as Walmart hosts a sale, individuals with limited funds typically hurry to purchase as much as possible. However, the reaction is often reversed when the Financial Asset Market offers a similar discount, commonly known as a crash. During these market downturns, those without financial means frequently liquidate their holdings and retreat. In contrast, wealthy investors flock to the market to acquire assets aggressively during these periods.

We have recently witnessed a significant drop in the markets for silver, gold, and Bitcoin. I view this crash as an opportunity to access these assets at a discounted rate. Consequently, I am currently holding cash and am prepared to start purchasing additional Bitcoin, gold, and silver while they are on sale.

What is your strategy for handling this situation?