Bitcoin Crashes are the best time to become rich: Robert Kiyosaki
The author of Rich Dad Poor Dad shared his opinion & opportunity on the recent crypto market crash.
Robert Kiyosaki is a popular author for his creation “Rich Dad Poor Dad”. Robert is popularly known globally because he recreated this book. Through the Rich Dad Poor Dad book, Robert educated the whole world, to manage the funds via multiple investment strategy based ideas to always remain in safe zone. Robert is a fan of Gold-like assets. In recent years, Robert showed a huge inclination toward Bitcoin because of the decentralized nature of this digital currency.
On 12 May, the Crypto market was at an all-time time low of this year for the majority of the crypto assets, in particular, Bitcoin touched $28,000 approx. And obviously, it was a real opportunity to invest in Bitcoin.
At present time, the Bitcoin price is up by 7% over the last 24 hours trade price.
On the same day, Robert Kiyosaki took to Twitter and suggested people to secure the opportunity in the crash, where Bitcoin was trading at approx $28k.
Robert said that it always remains better to invest during the situation of a crash
He said:
“BITCOIN CRASHING. Great news. As stated in previous Tweets I am waiting for Bitcoin to crash to 20k.”
It means, he didn’t bought Bitcoin yesterday and he is still waiting for Bitcoin to touch the $20k price. And further $17k to pick Bitcoin at the perfect time.
Robert also added:
“Once I know the bottom is in I back up the truck. Crashes are the best times to get rich.”
Earlier on 11 May, Robert tweeted in favor of the decentralized nature of Bitcoin. Robert shared three Centralized factors, which control the US dollar & economy, and noted that all such factors do not apply to Bitcoin, So Bitcoin will win.
In the past, Robert many times suggested people to have bitcoin in portfolio but also suggested not to go with all in Bitcoin. Robert always remains true believer to gold as a God asset.
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