Robert Kiyosaki, author of the best-selling financial book “Rich Dad, Poor Dad,” said he is waiting for bitcoin to dip to lows of $1,100, adding that if bitcoin recovers from the slump, he will. Will overweight to buy more bitcoins.
Robert Kiyosaki tweeted on Tuesday that “Losers give up whenever they lose,” but that “winners learn from losses.” He asserted that “Bitcoin is getting out of the market,” noting that he is waiting for Bitcoin to test $1,100, and if Bitcoin can resume its uptrend by then, he will buy more, but if Bitcoin is still languishing, he will also Wait for Lu She to “surrender” to exit the game before buying the bottom.
RICH Dad lesson. “LOSERS quit when they lose.” Bitcoin losers are quitting some committing suicide.’ WINNERs learn from their losses. I am waiting for Bitcoin to “test” $1100. If it recovers I will buy more. If it does not I will wait for losers to “capiulate” quit then buy more.
— therealkiyosaki (@theRealKiyosaki) June 28, 2022
However, many netizens disagreed with Robert Kiyosaki’s point of view, believing that Bitcoin could not fall to $1,100, and some suspected that he made a mistake by typing “$11,000” into “$1,100”.
The well-known investor has been saying in recent months that when the price of bitcoin bottoms, he will buy more bitcoin, and he has also said that bitcoin may bottom out at $20,000, but when bitcoin When the coin continued to fall, he revised his prediction for the bottom price of Bitcoin several times.
In May of this year, when Bitcoin was still hovering around $30,000, Robert Kiyosaki pointed out that Bitcoin might bottom out at $9,000.
Robert Kiyosaki said at the time that he remains bullish on Bitcoin because he considers the Federal Reserve and the U.S. Treasury to be corrupt organizations. He also said that once Bitcoin shows signs of bottoming, he will take advantage of the lows to scavenge, noting that “a crash is the best time to get rich.”
In addition, Robert Kiyosaki has made a series of dire predictions about the US economy. Last month, he said stock and bond markets were collapsing, signaling a looming recession. In April, he claimed that hyperinflation had arrived. In March, he warned of an impending collapse in the dollar, advising investors to buy bitcoin, ether and Solana (SOL).
At the time of writing, Bitcoin is trading at $20,181, down nearly 3% over the past 24 hours and 31.6% over the past 30 days.
The author of this article “Rich Dad”: I waited for Bitcoin to drop to “$1,100”, and I would buy the bottom. It first appeared on the blocker.