“Robert Kiyosaki, author of the personal finance book ‘Rich Dad, Poor Dad’, sees opportunities in the crypto market crash and wants to buy the bottom in Bitcoin (BTC). “Slumps are the best times to get rich,” said Kiyosaki, recommending investors to buy gold, BTC and some altcoin projects as usual.
Bitcoin also has good inflation protection like gold
Bitcoin is ahead as it recaptures $30,000 amid a turbulent market where many experts and investors are uncertain about where Bitcoin will go next. An incoming investor is interested in buying more Bitcoin. But only at a certain price level.
Personal finance book ‘Rich Dad, Poor Dad’ author Robert Kiyosaki shared his thoughts on the current situation in the crypto market on his Twitter account. A Bitcoin advocate, Kiyosaki sees the cryptocurrency as a hedge against inflation like gold and also values it for its decentralized properties.
Robert Kiyosaki plans to buy Bitcoin at this price
Finance writer says that the price drop of Bitcoin is good news and buys the drop around $17,000 which he expects to bottom out after initially dropping to $20,000. states that he is ready to wait to receive:
Great news. As stated in previous Tweets, I expect Bitcoin to drop to $20,000. Next, I’ll wait for the bottom test, which might be $17,000. I back up the truck when I find out the bottom is in. Crashes are the best times to get rich.
Robert Kiyosaki, in particular, expects Bitcoin to recover after the crash, emphasizing that “slumps are the best time to get rich”. The Rich Dad Poor Dad author said in January that he would buy more Bitcoin when “BTC tests $20,000.”
Robert Kiyosaki says Bitcoin will win
Earlier this week, Robert Kiyosaki explained why he believes Bitcoin will win. He said the reason for this is that he believes America is run by 3 stooges, adding that President Joe Biden is the first of three stooges. According to Robert Kiyosaki, the second stooge is Secretary of the Treasury Janet Yellen, and the third stooge is Federal Reserve Chairman Jerome Powell. The well-known author, who says to buy gold at every opportunity, says, “I trust Bitcoin, not 3 Stooge”:
Robert Kiyosaki’s critique of the Joe Biden administration, Wall Street and the Federal Reserve is not the first time he has made such comments. He has long recommended investors to buy gold, Bitcoin, Ethereum and Solan. For these recommendations, you can check out this article of Kriptokoin.com.
Earlier this month, the well-known author predicted the largest bubble in history will burst. He used the adjective ‘thief’ for those in power on Wall Street and the Federal Reserve. Also, Robert Kiyosaki advises investors to stockpile precious metals like gold, silver and digital currencies like Bitcoin, anticipating hyperinflation and despair.