’Rich Dad, Poor Dad’ Author, Robert Kiyosaki Shares His Bitcoin Strategy On When To Buy

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He has authored a book that has set millions of people onto their own path of financial freedom.  They have listened to his advice on multiple streams of income and the power of real-estate.  He has also been successful in predicting market crashes. No “Rich Dad, Poor Dad” author Robert Kiyosaki share with his audience of what the right price is for buying up bitcoin and getting rich.

What Happened: In a tweet on Thursday, the outspoken author said he was waiting for Bitcoin to crash to $20,000.

“Will then wait for test of bottom which might be $17k. Once I know bottom is in I back up the truck. Crashes are best times to get rich. Take care,” said Kiyosaki.

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Last year, Kiyosaki predicted a “giant stock market crash” would come in October and recommended buying gold, silver and Bitcoin as opposed to traditional stocks. Earlier this year, he foresaw the U.S. government seizing all cryptocurrency and converting it into “government crypto.”

Bitcoin lost support at $30,000 and fell to a low of $26,350 on Thursday, as per data from Benzinga Pro.

Since Kiyosaki’s tweet, BTC has gained 13.67% and was trading at $30,300 at the time of writing. Over the last seven days, BTC is still down 16.71%.

The leading digital asset’s decline this week followed the collapse of TerraUSD UST/USD – an algorithmic stablecoin tied to the Terra LUNA/USD blockchain. Before the start of this week, LUNA was a top 10 cryptocurrency with a market cap of $40 billion. Today, LUNA has lost 99.99% of its value and is currently trading at $0.00005628.


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