{"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":"
The author of “Rich Dad, Poor Dad,” 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
Within the past twenty-four hours, the price of one Bitcoin<\/a> has fallen by 5%, from $21,107 to $19,870.<\/p>\n The renowned author of Rich Dad Poor Dad, Robert Kiyosaki, has just resurfaced with a fresh perspective on Bitcoin.<\/p>\n He began a tweet with the phrase “Rich Dad lesson,” and then went on to explain that quitters give up when they are unsuccessful. He illustrated this argument by alluding to Bitcoin<\/a> owners who sold their holdings as a result of market crashes.<\/p>\n 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 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 His prediction that Bitcoin’s price will come close to or maybe above $1,100 did not go down well with the Twitter community.<\/p>\n 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 An account on Twitter by the name of TraderUDN posited the idea that crypto millionaires such as Changpeng Zhao of Binance<\/a>, Michael Saylor of MicroStrategy, and Elon Musk will instead purchase all of the BTC.<\/p>\n This wouldn’t be the first time that Kiyosaki has openly stated his plan to make a purchase of Bitcoin at current cheap pricing.<\/p>\n 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 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 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, Ethereum<\/a> has experienced a more dramatic decrease.<\/p>\nA Rich Dad Lesson<\/h2>\n
Twitter Community Divided On Kiyosaki’s Comment<\/h2>\n
Read More:<\/h3>\n