Rich Dad Poor Dad’s Robert Kiyosaki Plans To Buy Bitcoin When It ‘Bottoms Out’ — Says It Could Be $17,000 – Bitcoin News

Robert Kiyosaki, the famous author of the best-selling book “Rich Dad Poor Dad” believes that Bitcoin could fall to $17,000. However, he also believes that cryptocurrencies “will win” because the United States is led by three puppets. He has been recommending Bitcoin as well as gold and silver to investors.

Kiyosaki believes Bitcoin could bottom at $17,000

Robert Kiyosaki, author of Rich Dad Poor Dad, shares his latest price expectations and future outlook for Bitcoin. Rich Dad Poor Dad is a 1997 book by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. The book has sold over 32 million copies in over 51 languages ​​in over 109 countries.

Kiyosaki tweeted on Thursday that Bitcoin is collapsing and he is waiting for the cryptocurrency’s price to drop to the $20,000 level. He explained that he will wait for BTC to test the bottom, possibly $17,000, before he starts buying. “Crash is the best time to get rich,” he advises.

Rich Dad Poor Dad's Robert Kiyosaki Plans to Buy Bitcoin When 'Bottom' - Says It Could Be $17,000

In January, the author of Rich Dad Poor Dad said he would buy more bitcoins “if bitcoin tests $20,000.”

Kiyosaki’s tweet comes as the crypto market has lost billions of dollars as the terrausd (UST) fiasco unfolds. At the time of writing, Bitcoin is trading at $29,289, down 2% in the past 24 hours, 20% in the past 7 days and 27% in the past month.

Kiyosaki also believes “Bitcoin will win”

Despite BTC price drop, Kiyosaki believes “Bitcoin will win.” He explained why on Twitter on Wednesday. “Bitcoin will win because America is led by 3 puppets,” he wrote, adding that the first was President Joe Biden. He said the second figurehead was Treasury Secretary Janet Yellen and the third was Federal Reserve Chair Jerome Powell. The famous author affirmed: “I believe in Bitcoin and not 3 Stooges.”

Rich Dad Poor Dad's Robert Kiyosaki Plans to Buy Bitcoin When 'Bottom' - Says It Could Be $17,000

This is also not the first time Kiyosaki has expressed distrust of the Biden administration, Wall Street and the Fed. He has also been advising investors to buy Bitcoin for a long time.

Last month, the famous writer said that the biggest bubble burst is coming. He called the government, Wall Street and the Fed “thieves.” He also said that hyperinflation and depression have arrived, and advised investors to buy gold, silver and bitcoin.

In March, Kiyosaki said the dollar was about to collapse and blamed President Biden for inflation. He recommended gold, silver, bitcoin (BTC), ethereum (ETH) and solana (SOL) as investments at the time.

However, Kiyosaki’s outlook for cryptocurrencies has not been smooth sailing. The famous author also warned that eventually, the government will confiscate all cryptocurrencies and fold them into government cryptocurrencies. Still, he later stated that Russia’s war with Ukraine “is making cryptocurrencies a safer haven than fake government fiat money.”

Do you agree with Robert Kiyosaki on Bitcoin? Let us know in the comments section below.

Kevin Helms

As an Austrian economics student, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects, and the intersection between economics and cryptography.

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