Rich Dad Poor Dad’s Robert Kiyosaki Plans to Buy Bitcoin When the ‘Bottom Is In’ — Says It Could Be at $17K

2 years ago

Rich Dad Poor Dad's Robert Kiyosaki Plans to Buy Bitcoin When the 'Bottom Is In' — Says It Might Be $17K

The celebrated writer of the best-selling publication Rich Dad Poor Dad, Robert Kiyosaki, believes bitcoin could clang to $17K. However, helium besides believes the cryptocurrency “will win” due to the fact that America is led by the 3 stooges. He has been recommending bitcoin to investors alongside golden and silver.

Kiyosaki Thinks Bitcoin Could Test the Bottom astatine $17K

The writer of Rich Dad Poor Dad, Robert Kiyosaki, has shared his latest terms anticipation and aboriginal outlook for bitcoin. Rich Dad Poor Dad is simply a 1997 publication co-authored by Kiyosaki and Sharon Lechter. It has been connected the New York Times Best Seller List for implicit six years. More than 32 cardinal copies of the publication person been sold successful implicit 51 languages crossed much than 109 countries.

Kiyosaki tweeted Thursday that bitcoin is crashing and helium is waiting for the terms of the cryptocurrency to autumn to the $20K level. He explained that helium volition past hold for BTC to trial the bottom, which mightiness beryllium astatine $17K, earlier helium starts buying. “Crashes are the champion times to get rich,” helium advised.

Rich Dad Poor Dad's Robert Kiyosaki Plans to Buy Bitcoin When the 'Bottom Is In' — Says It Might Be $17K

In January, the Rich Dad Poor Dad writer said helium volition bargain much bitcoin “if and erstwhile BTC tests $20K.”

Kiyosaki’s tweet came astatine a clip erstwhile the crypto marketplace has mislaid billions arsenic the terrausd (UST) fiasco unfolded. At the clip of writing, bitcoin is trading astatine $29,289, down 2% implicit the past 24 hours, 20% implicit the past 7 days, and 27% implicit the past month.

Kiyosaki Also Believes ‘Bitcoin Will Win’

Despite the falling BTC price, Kiyosaki believes that “Bitcoin volition win.” He tweeted Wednesday explaining why. “Bitcoin volition triumph due to the fact that America is led by the 3 stooges,” helium wrote, adding that the archetypal is President Joe Biden. He said the 2nd stooge is Treasury Secretary Janet Yellen, and the 3rd is Federal Reserve Chairman Jerome Powell. The celebrated writer affirmed: “I spot Bitcoin not the 3 Stooges.”

Rich Dad Poor Dad's Robert Kiyosaki Plans to Buy Bitcoin When the 'Bottom Is In' — Says It Might Be $17K

This was besides not the archetypal clip Kiyosaki has expressed his distrust towards the Biden administration, Wall Street, and the Fed. He has besides been recommending that investors bargain bitcoin for rather immoderate time.

Last month, the celebrated writer said that the biggest bubble burst is coming. He called the government, Wall Street, and the Federal Reserve “thieves.” He besides said that hyperinflation and slump are here and recommended investors bargain gold, silver, and bitcoin.

In March, Kiyosaki said the U.S. dollar was astir to implode, blaming President Biden for causing inflation. He recommended gold, silver, bitcoin (BTC), ethereum (ETH), and solana (SOL) arsenic investments astatine the time.

However, Kiyosaki’s outlook for crypto is not each creaseless sailing. The renowned writer besides warned that eventually, the authorities volition seize each cryptocurrencies and fold them into a authorities crypto. Nonetheless, helium subsequently said that the Russia-Ukraine warfare is “giving emergence to crypto arsenic a safer haven than authorities fake fiat money.”

Do you hold with Robert Kiyosaki astir bitcoin? Let america cognize successful the comments conception below.

Kevin Helms

A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.

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