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Rich Dad Poor Dad’s Robert Kiyosaki Urges Crypto Investors to Buy the Dip, Says ‘Stop Whining and Take Action’ – Markets and Prices Bitcoin News

Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, says bitcoin is now “slumping” making it a buying opportunity, particularly for those who said they couldn’t afford it before. Alternatively, he said they could “buy coins that outperform bitcoin for pennies,” reiterating that the problems are the Fed, the Treasury, and Biden, not bitcoin or Elon Musk.

Bitcoin Advice by Robert Kiyosaki

Famed author and investor Robert Kiyosaki has once again urged investors to buy Bitcoin after the cryptocurrency’s price plummeted from record highs. He sees the course “crash” as a buying opportunity.

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

Kiyosaki tweeted last week:

I hear “I can’t afford bitcoin”. Bitcoin crashes, good news. Now is your chance. Educate yourself. Buy coins that outperform bitcoin for pennies. Stop whining and act.

This tweet followed another pro-bitcoin tweet by Kiyosaki that was posted on May 14th. Rich Dad Poor Dad author wrote: “Bitcoin is crashing. Good news. Get ready to buy more.” He continued:

Remember, the problem isn’t Elon Musk or Bitcoin. The problems are the Fed, the Treasury and Biden. Gold, silver and bitcoin are the solutions.

Kiyosaki didn’t name any cryptocurrencies other than Bitcoin in particular and there are thousands of coins to choose from. Investors must do their own research thoroughly before investing. For example, people who got into Dogecoin early on have reported making a significant amount of money, and recently the Shiba Inu coin has made some people millionaires. A Goldman Sachs executive has reportedly quit his job at the investment bank after making a fortune off Dogecoin.

The renowned Rich Dad Poor Dad author went on to explain that “The Fed wants inflation to pay off the debt with cheaper $ [money]. The Fed will raise interest rates causing a stock market, bond, housing and gold crash. Biggest Problem: Boomer Retirement. Social Security Medicare & America is broke. lined [print] more counterfeit money. Stick to gold, silver and bitcoin.”

Kiyosaki has been recommending bitcoin for a while as he believes the dollar is dying. In April, he predicted that “in five more years” the price of BTC would be $1.2 million.

tags in this story

Biden, Buy Bitcoin, Buy Crypto, Elon Musk, Pennies, Rich Dad Poor Dad, Robert Kiyosaki, Robert Kiyosaki Bitcoin, Robert Kiyosaki Crypto, Robert Kiyosaki Cryptocurrency, Fed, Treasury

Do you agree with Robert Kiyosaki? Let us know in the comment section below.

Kevin Helms

As an Austrian economics student, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the interface between economics and cryptography.

Photo credits: Shutterstock, Pixabay, Wiki Commons

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