In This Bitcoin Crashing Year, It’s Time to Get Richer, Says ‘Rich Dad, Poor Dad’ Author

article image

Yuri Molchan

Investor Robert Kiyosaki May Buy BTC, and He Says 2022, When Bitcoin Crashes, Is A Great Year To Get Rich

Contents

  • Kiyosaki might be buying BTC now
  • Kiyosaki can’t get silver, but there’s plenty of Bitcoin

Prominent investor and author of the popular financial self-education book “Rich Dad, Poor Dad,” Robert Kiyosaki, believes that 2022 is the time to get richer. Especially now, he says, as markets have crashed – including the cryptocurrency led by Bitcoin.

Kiyosaki’s message is that “the rich” (the definition from the aforementioned book basically means “smart” and “knowing how to make money”) get richer in times of crisis. That means this year.

Kiyosaki is also a big supporter of Bitcoin, although unlike many other Bitcoiners he is not a maximalist and also invests money in gold and silver.

Kiyosaki might be buying BTC now

At the beginning of the year, in January, when Bitcoin changed hands above $30,000, Kiyosaki tweeted that if BTC tests $20,000, he will buy more of it.

Advertisements

At the time of writing, the largest cryptocurrency is trading hands at $19,346 after recovering below the $19,000 mark earlier today; Therefore, Kiyosaki can buy more BTC, adding to his undisclosed crypto holdings.

When prices were much lower, he bought Bitcoin at $9,000 and $6,000, according to the tweet.

The price of Bitcoin crashes. Good news. I bought BC for $6K and 9K. I will buy more if and when BC tests $20k. The time to get richer is coming.

Kiyosaki can’t get silver, but there’s plenty of Bitcoin

On September 20, the investor tweeted that his gold and silver dealer told him he was unable to buy any more gold or silver coins since the mint won’t sell him more silver. This prompted Kiyosaki to share a thought he has tweeted from time to time since 2020, when the pandemic broke out around the world: “The end of [fake] The US dollar is close.”

Back in that year, in the United States alone, over $6 trillion was written to support average citizens with $1,200 checks. Later, there were also rescue operations for large companies.

In a recent tweet, among the reasons to buy BTC, Kiyosaki mentioned that the Federal Reserve is raising interest rates, that US government debt is getting more expensive, and that the US is borrowing too much money.

He reiterated that it is a good idea to buy Bitcoin, gold and silver. Since he can’t get more silver, there’s always Bitcoin he can buy right now, which trades on weekends unlike traditional markets.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *