Robert Kiyosaki: I’m a Bitcoin Investor — When BTC Hits New Bottom, I Get Excited

Robert Kiyosaki: I"m a Bitcoin Investor — When BTC Hits New Bottom, I Get Excited

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he is not worried about the price of bitcoin dropping. “I am a bitcoin investor,” he said, adding that when the price of the cryptocurrency hits a new bottom, he gets excited. Robert Kiyosaki Isn’t Worried About Bitcoin’s Price

The author of Rich Dad Poor Dad, Robert Kiyosaki, says he is not worried about the price of bitcoin as BTC fell below $17K amid the implosion of cryptocurrency exchange FTX.

Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

Kiyosaki tweeted Friday: Bitcoin? Worried? No. I am a bitcoin investor as I am an investor in physical gold, silver, & real estate. I am not a trader or flipper. When bitcoin hits new bottom, $10 to $12 k? I will get excited, not worried.

He added that he bets against the Federal Reserve, the Treasury, and President Joe Biden while betting on gold, silver, and bitcoin.

The famous author has been recommending bitcoin for quite some time. Last month, he explained why he buys BTC. In September, he urged investors to get into crypto now before the biggest economic crash happens.

He recently warned that the stock, bond, and real estate markets will crash as the Federal Reserve continues to raise interest rates. He has also repeatedly cautioned that the Fed’s rate hikes will destroy the U.S. economy.

Kiyosaki believes that the U.S. dollar is toast, noting that Saudi Arabia has requested to join the BRICS nations. The renowned author said that the end of fake money is here and predicted that the U.S. dollar will crash by January next year. Tags in this story Rich Dad Poor Dad, Rich Dad Poor Dad Bitcoin, Rich Dad Poor Dad crypto, Rich Dad Poor Dad cryptocurrency, robert kiyosaki, robert kiyosaki bitcoin, robert kiyosaki crypto, robert kiyosaki cryptocurrency

What do you think about the comments by Robert Kiyosaki about bitcoin? Let us know in the comments section below. Kevin Helms

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. TRX"s USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron MARKETS AND PRICES | 2 days ago JPMorgan Expects Crypto Market to Face Weeks of Deleveraging – Warns Bitcoin Price Could Drop to $13K MARKETS AND PRICES | 2 days ago

Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleElon Musk Tells Twitter Staff Economic Picture Ahead Is Dire — ‘Bankruptcy Isn’t Out of the Question’ Next articleFormer US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItDraft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments Iran to Increase Penalties for Unauthorized Cryptocurrency Mining Ethereum Foundation"s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether Terra"s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin