Rich Dad Poor Dad bestselling author Robert Kiyosaki is about to buy bitcoin when he “tests the bottom” of $17,000. The businessman once again expressed distrust of the US government.
Entrepreneur Robert Kiyosaki shared his expectations about the immediate prospects for Bitcoin. The market is currently in a bearish trend, but Kiyosaki named the collapse of bitcoin is great news. According to him, the crisis is the best time to get rich. However, before buying bitcoin, it is better to wait until it drops below $20,000 and reaches $17,000. Bitcoin is currently trading at $30,000.
Kiyosaki believes that bitcoin will emerge victorious despite the current depreciation. Twitter entrepreneur declaredthat America is led by three “stooges”: US President Joe Biden, US Treasury Secretary Janet Yellen, and US Federal Reserve Chairman Jerome Powell.
“I trust bitcoin more than three puppets,” Kiyosaki wrote. This is not the first time the businessman has expressed distrust of the Biden administration and the Fed, believing that their policies only contribute to inflation and depreciation of the state currency.
Kiyosaki considers investments in gold, silver and bitcoin to be the most reliable. In March, he advised investors to refrain from investing in stocks, real estate and commodities. He also expressed fears that the US government could confiscate all cryptocurrencies and convert them into a digital dollar.
Source: Bits
I’m James Harper, a highly experienced and accomplished news writer for World Stock Market. I have been writing in the Politics section of the website for over five years, providing readers with up-to-date and insightful information about current events in politics. My work is widely read and respected by many industry professionals as well as laymen.
