{"id":335216,"date":"2022-07-03T02:30:55","date_gmt":"2022-07-03T06:30:55","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=335216"},"modified":"2023-07-28T21:33:11","modified_gmt":"2023-07-28T21:33:11","slug":"robert-kiyosaki-will-buy-bitcoin-when-it-dips-at-1100","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/robert-kiyosaki-will-buy-bitcoin-when-it-dips-at-1100","title":{"rendered":"Robert Kiyosaki Will Buy Bitcoin When It Dips at $1,100"},"content":{"rendered":"<p>The author of &ldquo;Rich Dad, Poor Dad,&rdquo; Robert Kiyosaki, recently made a remark that he is patiently waiting for the price of bitcoin to hit $1100 before making a purchase.<\/p>\n<p>Within the past twenty-four hours, the price of one <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-bitcoin\">Bitcoin<\/a> has fallen by 5%, from $21,107 to $19,870.<\/p>\n<p>The renowned author of Rich Dad Poor Dad, Robert Kiyosaki, has just resurfaced with a fresh perspective on Bitcoin.<\/p>\n<h2>A Rich Dad Lesson<\/h2>\n<p>He began a tweet with the phrase &ldquo;Rich Dad lesson,&rdquo; and then went on to explain that quitters give up when they are unsuccessful. He illustrated this argument by alluding to <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-bitcoin\">Bitcoin<\/a> owners who sold their holdings as a result of market crashes.<\/p>\n<p>According to him, some of these individuals later committed suicide as a result of their losses. After that, he went on to say that successful people take lessons from their failures.<\/p>\n<p>Kiyosaki went on to explain that he is waiting for bitcoin to hit $1100 and is bullish on the cryptocurrency. If it makes a comeback, he will purchase more of it. In the event that it does not, he will wait for the losers to give up and surrender before purchasing more.<\/p>\n<h2>Twitter Community Divided On Kiyosaki&rsquo;s Comment<\/h2>\n<p>His prediction that Bitcoin&rsquo;s price will come close to or maybe above $1,100 did not go down well with the Twitter community.<\/p>\n<p>Some people thought it was wishful thinking, while others said it must have been an error because he wanted to write $11,000 in the sentence.<\/p>\n<p>An account on Twitter by the name of TraderUDN posited the idea that crypto millionaires such as Changpeng Zhao of <a href=\"https:\/\/insidebitcoins.com\/visit\/binance\" rel=\"nofollow\">Binance<\/a>, Michael Saylor of MicroStrategy, and Elon Musk will instead purchase all of the BTC.<\/p>\n<p>This wouldn&rsquo;t be the first time that Kiyosaki has openly stated his plan to make a purchase of Bitcoin at current cheap pricing.<\/p>\n<p>Earlier in the month of May, when Bitcoin was trading for more than $30,000, he claimed that he is still positive on the future of Bitcoin and is waiting for the test of a new bottom. Whether it will be $20k, $14k, $11k or $9k will be just a matter of time before things unfold.<\/p>\n<p>Kiyosaki added that he remained optimistic regarding the price of Bitcoin since the Fed and Treasury are crooked and that they will self-destruct before they restore honesty, integrity, and a moral compass. Kiyosaki made this statement because he believes that the Fed and Treasury will lose their moral compass before they regain honesty.<\/p>\n<p>In the past twenty-four hours, the price of one bitcoin has fallen by 5%, from $21,107 to $19,870. On the other side, <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-ethereum\">Ethereum<\/a> has experienced a more dramatic decrease.<\/p>\n<h3>Read More:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-bitcoin\">How to Buy Bitcoin<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-altcoins\">These are the Best Bitcoin Alternatives<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/bitcoin-investors\/robert-kiyosaki-net-worth\">Robert Kiyosaki Net Worth<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p 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                  <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderSingle--wrapper-->\n                    <\/div><!--\/.inContentProvider--single-->\n                            \n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The author of &ldquo;Rich Dad, Poor Dad,&rdquo; Robert Kiyosaki, recently made a remark that he is patiently waiting for the price of bitcoin to hit <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1868,"featured_media":335229,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-335216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Robert Kiyosaki Will Buy Bitcoin When It Dips at $1,100<\/title>\n<meta name=\"description\" content=\"Robert Kiyosaki&#039;s prediction that Bitcoin&#039;s price will come close to or maybe above $1,100 did not go down well with the Twitter community.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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