Rich Dad Poor Dad’s Robert Kiyosaki Plans to Buy Bitcoin When the ‘Bottom Is In’ — Says It Could Be at $17K – Bitcoin News

Robert Kiyosaki (the famous author Rich Dad Poor Dad), believes bitcoin can crash to $17K. However, he also believes the cryptocurrency “will win” because America is led by the three stooges. He recommends bitcoin alongside silver and gold to investors.

Kiyosaki believes Bitcoin can test the bottom at $17K

Robert Kiyosaki (author of Rich Dad Poor Dad) shared his most recent price prediction and future outlook on bitcoin. Rich Dad Poor Dad was co-authored in 1997 by Kiyosaki, Sharon Lechter and others. For six consecutive years, it has been a New York Times Best Seller List. It has been published in more than 51 languages and sold in more than 109 different countries.

Kiyosaki posted Thursday’s tweet that bitcoin was crashing, and that he waits for its price to drop to $20K. After that, he’ll wait for BTC prices to drop below $17K before buying. “Crashes are the best times to get rich,” he advised.

In January, the Rich Dad Poor Dad author said he will buy more bitcoin “if and when BTC tests $20K.”

Kiyosaki’s tweet came at a time when the crypto market has lost billions as the terrausd (UST) fiasco unfolded. As of this writing bitcoin trades at $29,289; down by 2% in the past 24hrs, 20% for the past seven and 27% for the past one month.

Kiyosaki Also Believes ‘Bitcoin Will Win’

Despite the falling BTC price, Kiyosaki believes that “Bitcoin will win.” He tweeted Wednesday explaining why. “Bitcoin will win because America is led by the 3 stooges,” he wrote, adding that the first is President Joe Biden. He stated that the Treasury Secretary Janet Yellen was the second stooge, while the Federal Reserve Chairman Jerome Powell was the third. The famous author affirmed: “I trust Bitcoin not the 3 Stooges.”

Kiyosaki also expressed disapproval of the Biden administration and Wall Street. For a long time, he has been advocating that bitcoin be purchased by investors.

The famous author, who wrote last month that the largest bubble was about to burst, said it. He called the government, Wall Street, and the Federal Reserve “thieves.” He also said that hyperinflation and depression are here and recommended investors buy gold, silver, and bitcoin.

Kiyosaki claimed that the U.S. Dollar was on the verge of collapsing and blamed President Biden for inflating it. At the time, he recommended investing in gold, silver and bitcoin (BTC), as well as ethereum, ETH, and solana.

However, Kiyosaki’s outlook for crypto is not all smooth sailing. Famous author Kiyosaki also said that one day the government would seize every cryptocurrency and convert them to government crypto. Nonetheless, he subsequently said that the Russia-Ukraine war is “giving rise to crypto as a safer haven than government fake fiat money.”

Are you in agreement with Robert Kiyosaki regarding bitcoin? Please leave your comments below.

Kevin Helms

Kevin, a student of Austrian Economics and evangelist since 2011, discovered Bitcoin. His main interests are in Bitcoin security, open source systems, network effects, cryptography, and intersections between economics, cryptography, and Cryptography.