Rich Dad Poor Dad’s Author Robert Kiyosaki’s Plan “If Bitcoin Crashes”
Renowned entrepreneur and bestselling author Robert Kiyosaki, famous for his financial wisdom in his book “Rich Dad Poor Dad,” recently shared his intriguing perspective on what he would do in the event of a Bitcoin crash.
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What if Bitcoin Crashes?
Kiyosaki, a strong supporter of cryptocurrencies, recently took to the social media platform X to address a question he frequently encounters: “What happens if Bitcoin crashes?”
Kiyosaki boldly stated, “I would be delighted and would seize the opportunity to buy more once the crash subsides.” His unconventional viewpoint is that market downturns should be seen as opportunities rather than setbacks. Kiyosaki views a crash as a “sale,” emphasizing his “favorite four-letter word” – a chance to take advantage of lower prices across various assets, including Bitcoin, gold, and silver.
That’s What Sets Kiyosaki Apart
Kiyosaki’s philosophy of capitalizing on market crashes aligns with the timeless principles outlined in his renowned book “Rich Dad Poor Dad.” In this book, he passionately advocates for a proactive and opportunistic approach to financial management. Instead of fearing market volatility, he advises embracing it and viewing downturns as opportunities to accumulate valuable assets.
Furthermore, the author of ‘Rich Dad Poor Dad’ has openly criticized the US Federal Reserve System in numerous tweets, accusing it of perpetuating economic inequality. Kiyosaki distrusts the Fed’s policies, which he believes primarily benefit the wealthy elite.
Bitcoin: The Safe Haven
As of the latest market update, Bitcoin is currently trading at $51,074.56, showing a 0.29% change over the past 24 hours. With a market capitalization of $1.00 trillion, Bitcoin has experienced a 20.92% change this year.
Kiyosaki’s perspective on Bitcoin positions it as a hedge against market volatility. His recent prediction of Bitcoin reaching $100,000 and his belief that gold prices will drop below $1,200 demonstrate his confidence in Bitcoin as a safeguard against market uncertainty.
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