Last November, the world’s largest cryptocurrency, bitcoin, soared to $68,990 and is now around $29,000 – a staggering 58% pullback from its peak, Yahoo writes.

American investor and author of the investment book Rich Dad Poor Dad, Robert Kiyosaki believes, paradoxically, that the crisis is the best time to buy.

According to him, if the downtrend continues, he is ready to start buying.

“Bitcoin is going down. This is great news,” he wrote last week. – I’m waiting for bitcoin to collapse to $20,000. Then wait for its bottom, which could be $17,000.”

Kiyosaki added that bitcoin is “the future of money” and that its bottom could be even lower, at $11,000.

If there are any investors who share Kiyosaki’s viewpoint, here are 3 simple ways to capitalize on bitcoin’s potential recovery.

The first option is also the easiest: if you want to buy bitcoin, just buy it. To do this, you can utilize the services of many platforms that allow individual investors to buy and sell the cryptocurrency or a portion of it. You just have to keep in mind that some exchanges charge a commission of up to 4% for each transaction. So you need to look for apps with low or no fees.

Although bitcoin has a 5-digit price today, there is no need to buy it in its entirety: most exchanges allow you to start with as much money as the investor is willing to spend.

A second investment option is to invest in bitcoin ETFs, as exchange-traded funds have grown in popularity in recent years. For example, the ProShares Bitcoin Strategy ETF (BITO) began trading on the New York Stock Exchange in October 2021, becoming the first U.S. bitcoin-related ETF. There is also the Valkyrie Bitcoin Strategy ETF (BTF), which debuted a few days after BITO. This Nasdaq-listed exchange-traded fund invests in bitcoin futures contracts.

Finally a third option is bitcoin stocks. When companies tie some of their growth to the cryptocurrency market, their stock can often move with the currency. This includes bitcoin miners. Computing power comes at a cost, and energy costs can be significant. But if the price of bitcoin rises, miners such as Riot Blockchain (RIOT) and Hut 8 Mining (HUT) are likely to attract the attention of investors.

Then there are intermediaries like Coinbase Global and Paypal. With more people buying, selling and using cryptocurrency, these platforms will only benefit.

Finally, there are companies that simply hold a lot of cryptocurrency on their balance sheet. MicroStrategy (MSTR), for example. It has a market capitalization of $2.3 billion. However, at the end of March, its bitcoin count reached 129,218, which is about $3.8 billion.