The famous author of the bestselling book Rich Dad Poor Dad, Robert Kiyosaki, says he is not worried about the drop in the price of bitcoin. “I’m a bitcoin investor,” he said, adding that when the price of the cryptocurrency hits a new low, he gets excited.
Robert Kiyosaki is not worried about the price of Bitcoin
Rich Dad Poor Dad author Robert Kiyosaki says he’s not worried about bitcoin price because BTC fell below $17,000 amid the implosion of cryptocurrency exchange FTX.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for more than six years. Over 32 million copies of the book have been sold in over 51 languages in over 109 countries.
Kiyosaki tweeted on Friday:
Bitcoin? Concerned? No. I’m a bitcoin investor because I’m an investor in physical gold, silver, and real estate. I am neither a trader nor a flipper. When bitcoin hits a new low, $10,000-12,000? I’m going to get excited, not worry.
He added that he bets against the Federal Reserve, Treasury and President Joe Biden while betting on gold, silver and bitcoin.
The famous author has been recommending bitcoin for some time. Last month he explained Why He buys BTC. In September he urged investors to get into crypto now before the biggest economic crash happens.
He recently warned that the stock, bond and real estate markets crash that the Federal Reserve continues to raise interest rates. He has also repeatedly warned that Fed rate hikes destroy the American economy.
Kiyosaki believes the US dollar is toast, noting that Saudi Arabia has demand to join the BRICS nations. The famous author said that the end of counterfeit money is here and predicted the US dollar will crash from here January Next year.
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