“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.
According to the expert, Bitcoin is also good inflation protection like gold
Bitcoin is 30,000 000 000 000 tons in the midst of a turbulent market where many experts and investors are uncertain about where Bitcoin will go next. As the dollar recaptures, a prominent 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 said that the price drop of Bitcoin is good news and that Bitcoin bottomed out after initially dropping to $20,000. says he is ready to wait to buy the drop of around $17,000 he expected:
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”:
Q: Why will BITCOIN win? A: BITCOIN will win because America is led by the 3 STOOGES. Stooge #1 President Biden. Stooge #2 Secretary of Treasury Yellen. Stooge #3 Fed Chairman Powell. I trust BITCOIN not the 3 Stooges.
— therealkiyosaki (@theRealKiyosaki) May 11, 2022
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. You can check this article of Kriptokoin.com for these recommendations.
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.
