Bitcoin Is Crashing, Will Buy When BTC Tests $20K – Markets and Prices Bitcoin News


The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he will buy more bitcoin if and when the price of the cryptocurrency tests $20K. He noted that bitcoin’s price crashing is “great news,” adding that the “Time to get richer is coming.”

Robert Kiyosaki Plans to Buy More Bitcoin

Robert Kiyosaki, the author of Rich Dad Poor Dad, tweeted Sunday about the price of bitcoin and when he will buy more BTC.

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 wrote:

Price of bitcoin [is] crashing. Great news. I bought BTC at $6K and $9K. I will buy more if and when BTC tests $20K. Time to get richer is coming.

He added that silver is the best bargain today, emphasizing, “Silver [is] still 50% below high.”

Kiyosaki has been warning about a major crash for many months. In December, he said: “Crash and depression [are] coming. Gold, silver, bitcoin, real estate will crash too.” In November, he warned about inflation, adding that he plans to buy “more gold, silver, bitcoin, ethereum, rental real estate, and oil.”

The famed Rich Dad Poor Dad author said in June last year that the largest bubble in the world’s history is getting bigger, tweeting: “Biggest crash in world history [is] coming … Waiting for bitcoin to drop to $24K.” In October, he advised investors to prepare for a giant crash followed by a depression, adding: “Be smart: Buy, gold, silver, bitcoin.”

What do you think about Robert Kiyosaki’s bitcoin comments? 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.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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