Here’s What Bitcoin Price Robert Kiyosaki Is Waiting For To ‘Back Up The Truck’
As the cryptocurrency sector increases its presence in the mainstream, Robert Kiyosaki, author of the best-selling book on personal finance ‘Rich Dad Poor Dad’ and a vocal Bitcoin (BTC) supporter, recently shared that he would buy more of the virgin cryptocurrency if it fell to a certain price level.
Specifically, Kiyosaki interviewed a representative of Doobergthe anonymous Twitter account of a small team of industry consultants hailing from the commodities sector respected for their expertise on macroeconomic issues, in the episode of The Rich Dad Radio Show will be streamed on February 15.
Responding to Doomberg’s view that crypto, “at least in this first generation,” was “no more than a giant Ponzi scheme, where the sophisticated have fled the unsophisticated,” but that he was interested in the technology and could become persuaded to buy it. at the right price, Kiyosaki revealed his experience buying Bitcoin:
“I studied technical analysis and what went to $20,000 went down to almost zero, which went back to $1,000, $2,000, $3,000. I was waiting for it to keep crashing, so when it hit $6,000, I backed up the truck and bought some.”
Waiting for $8000 to buy Bitcoin
When Doomberg agreed that the $5,000-$6,000 range would be a tempting price to buy Bitcoin for the first time, Kiyosaki went on to state that he would even buy it if it came down to around $8,000:
“My God, if it comes down to $8,000, I’ll back up the truck, you know what I mean?”
Previously have “Rich Dad Poor Dad” The author revealed some gloomy predictions about the global economic outlook for a “giant crash to come,” while praising Bitcoin, gold and silver as alternatives to the “fake” US dollar, as Finbold reported on February 13.
He had also labeled Bitcoin as one of the three “hottest topics on earth” alongside silver and gold, referring to it as “the people’s money” and crediting its bullish rally since January to the growing demand for alternative investment products.
Bitcoin price analysis
Meanwhile, the decentralized finance (DeFi) flagship is currently trading at a price of $24,565, registering an impressive daily gain of 7.98%, which corresponds to the 7.05% increase from the previous week and the 16.01% growth in the last 30 days.
As it stands, both Doomberg and Kiyosaki are in for a long time as Bitcoin has begun to rumble under the bullish sentiment in the crypto market and positive developments such as Interactive Brokers, a global electronic brokerage valued at around $340 billion, announcing the launch of crypto trading in Hong Kong .
Featured image via Cavaleria Com YouTube
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