November 19, 2024

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“During crashes you get rich” »Crypto Insiders

“During crashes you get rich” »Crypto Insiders

The sentiment in the cryptocurrency market isn’t exactly something to write home about right now. Bitcoin (BTC) It dropped significantly yesterday, below $30K, and many investors panicked. The author of the famous book Rich Dad Poor DadRobert Kiyosaki, however, shares some words of wisdom for investors who might see things going today.

Robert Kiyosaki.

The legendary investor and writer took to Twitter to say he’s not too worried at the moment. According to him, there is a good chance that Bitcoin price It will go down more in the near future. He will only buy around $20,000 and does not rule out the possibility that Bitcoin will drop to $17,000.

Once there is confirmation to Kiyosaki that the bottom has been reached, he will start storing bitcoins on a large scale. According to him, this is the moment when you can get really rich. Not during a bull market, but during a crash.

“Bitcoin crashes. Great news. As was said in previous tweets, I am waiting for Bitcoin to crash to 20K. Then we wait for a test of the bottom that could reach $17K. Once I know the bottom has been reached, I will continue again. Crashes are The best times to get rich.

Kiyosaki expects Bitcoin to rise in earnest again after hitting a bottom around $20,000. He mentioned this a few months ago. In January of this year, he already indicated that he was only ready to buy again for around $20,000.

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Bitcoin will win

In the long term, Kiyosaki expects Bitcoin to prevail without a doubt. According to him, this is due to the fact that the United States is run by “ignorant people”. Those fools are President Joe Biden, Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell, according to Robert Kiyosaki.

Kiyosaki states that he does not trust these people at all. What he believes in, on the other hand, is bitcoin. For this reason, he has been inviting his followers to buy bitcoin for some time.