“Rich Dad, Poor Dad” author Robert Kiyosaki wants to buy the Bitcoin dip. He is convinced that “Crashes are the best times to get rich,” so he is waiting for a price drop to 17,000 per BTC to replenish his portfolio.
While investors are undecided about what to do about Bitcoin's price fall, “Rich Dad, Poor Dad” author and prominent investor Robert Kiyosaki has a clear plan. He is interested in buying more Bitcoin, but only at a certain price level.
Kiyosaki, who is a longtime supporter of Bitcoin, sees the cryptocurrency as a hedge against inflation and also appreciates its decentralized properties. He noted that it is good news that the price of Bitcoin is falling and that he is willing to wait to buy a potential dip around $17,000. The investor expects bitcoin to bottom out after initially falling to $20,000.
“BITCOIN CRASHING. great news. As stated in previous Tweets I am waiting for Bitcoin to crash to 20k. Will then wait for test of bottom which might be $17k. Once I know bottom is in I back up the truck. Crashes are best times to get rich.”
In January, Kiyosaki said that he would buy more Bitcoin “if and when BTC tests $20K.” He is confident that Bitcoin will win, as he believes that the US government is very conducive to this. “Bitcoin will win because America is led by the 3 stooges,” adding that President Joe Biden is the first of the three stooges. The second stooge is the Secretary of the Treasury, Janet Yellen, and the third stooge is the Chairman of the Federal Reserve, Jerome Powell. “I trust Bitcoin, not the 3 Stooges,” he wrote.
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
© 2022, Eva Fox | Tesmanian. All rights reserved.
We appreciate your readership! Please share your thoughts in the comment section below.
About the Author
Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.