Robert Kiyosaki Says If Bitcoin Crashes He Would Be Happy and Buy More
Rich Dad Poor Dad author Robert Kiyosaki has explained what he will do if the price of bitcoin crashes. The famous author has been recommending bitcoin alongside gold and silver for quite some time, and he recently increased his bitcoin holdings following the approval of U.S. spot bitcoin exchange-traded funds (ETFs).
Robert Kiyosaki: ‘Sale’ Is My Favorite 4-Letter Word
The author of Rich Dad Poor Dad, Robert Kiyosaki, has explained what he will do if bitcoin crashes. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. Over 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
The famous author shared on social media platform X on Friday: “I am often asked: ‘What happens if bitcoin crashes?’ My reply is the same for bitcoin, gold, or silver.” He detailed:
My reply is ‘I would be happy and I would buy more, once the crashing stops.’ All market crashes are, are assets going on [sale] and ‘sale’ is my favorite four-letter word.
Kiyosaki has spoken about buying the dip on multiple occasions. In July 2022, he said asset prices were crashing and he was holding cash to capitalize on potential BTC price drops. “Don’t miss the greatest sale on Earth,” he stressed at the time, emphasizing that his favorite four-letter word is SALE.
Despite outlining what he will do if the price of bitcoin crashes, the renowned author remains optimistic about the future price of BTC. This week, he said bitcoin would hit $100,000 by June this year. His statement followed another where he said the price of bitcoin is headed for $150,000. He also recently advised investors to pay attention to the upcoming Bitcoin halving in April.
Following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) in January, Kiyosaki revealed that he had increased his BTC holdings. “I bought five more bitcoin today,” he said last month.
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