Rich Dad Poor Dad’s Robert Kiyosaki Says He’s Waiting for Bitcoin to Test $1,100 to Buy More

The well-known creator of the best-selling e book Rich Dad Poor Dad, Robert Kiyosaki, says he’s ready for the worth of bitcoin to check $1,100. He added that he’ll purchase extra if the cryptocurrency recovers from that worth stage.

Robert Kiyosaki on Bitcoin Testing $1,100

The creator of Rich Dad Poor Dad, Robert Kiyosaki, has returned with a brand new bitcoin outlook. Rich Dad Poor Dad is a 1997 e book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the e book have been bought in over 51 languages throughout greater than 109 nations.

The well-known creator tweeted a “Rich Dad lesson” Monday evening. He defined that “losers give up once they lose,” however “winners be taught from their losses.” Asserting that “Bitcoin losers are quitting,” he mentioned he’s ready for BTC to check $1,100, including that he’ll purchase extra if the crypto recovers. “If it doesn’t, I’ll anticipate losers to ‘capitulate’ give up then purchase extra,” he additional acknowledged.

Many folks on Twitter disagreed with Kiyosaki that bitcoin will ever see $1,100. Some suspected that the Rich Dad Poor Dad creator made a typo and he really meant $11K.

The famed investor has been saying for a number of months that he’ll purchase extra bitcoin when its worth bottoms out. When BTC started declining closely in current months, he began saying that the crypto may backside out at $20K. When BTC continued to fall, he revised his backside worth forecast a number of instances.

In May, Kiyosaki indicated that BTC may bottom out at $9,000. The worth of bitcoin was hovering round $30,000 on the time.

He defined that he was nonetheless bullish on bitcoin as a result of he sees the Federal Reserve and the Treasury Department as corrupt organizations. He additionally mentioned that after he is aware of that the underside is in, he’ll “back up the truck,” noting that “Crashes are the very best instances to get wealthy.”

Kiyosaki additionally made some dire predictions concerning the U.S. financial system. Last month, he mentioned the inventory and bond markets are crashing, predicting a melancholy and civil unrest. In April, he claimed that hyperinflation is right here. In March, he warned that the U.S. greenback is about to implode, advising buyers to purchase bitcoin, ethereum, and solana.

At the time of writing, bitcoin is buying and selling at $20,277, down virtually 3% over the previous 24 hours and 30% over the past 30 days.

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