- Kiyosaki expects BTC hitting a bottom as little as $17K to $11K.
- Kiyosaki believes dips really are a situation to achieve profit and BTC will recover.
Robert Kiyosaki, financial education advocate and author of Wealthy Father, Poor Father book, awaits the further crash of Bitcoin. Formerly, Kiyosaki expected the undoing to achieve $17K however in yesterday’s tweet, it may be observed that the underside he predicts is $11K.
R. Kiyosaki tweet:
Why CRAHES are great: Wealthy father trained his boy and me “Your profit is created whenever you buy…not whenever you sell.” Bitcoin is the way forward for money. That’s the reason I’ll support the18 wheeler once the bottom is within. It might be $17k or perhaps lower $11k. Time for you to get more potent is originating. Be mindful.
— therealkiyosaki (@theRealKiyosaki) May 13, 2022
In the earlier tweets on May 12, he explains why investments during dips be more effective options. Also, he believes that gain is earned while buying instead of selling. Also, he pointed out that when the BTC hits very cheap, he’ll result in the investment to aid the gold coin which will end up being more lucrative to the people too.
Kiyosaki Support to BTC
Kiyosaki’s support is visible clearly while following his interviews and tweets, in march he mentioned the crypto market will undergo a black swan event however the Russia-Ukraine war will promote cryptos to become safer compared to traditional currency.
Throughout a discussion with Shaun Wang around the YouTube funnel, Kiyosaki conveys the downfall has affected both stock and cryptocurrency market, which proves that crash is undeniably from exterior factors not due to the crypto atmosphere.
“everybody states crypto is within a bear market or Bitcoin is within a bear market, same with the stock exchange and thus may be the bond market.”
On may 11, also, he tweeted like a Q&A, will Bitcoin win? He was sure that Bitcoin will recover while he trusts it greater than the three henchmen of the usa, namely Obama, Secretary from the Treasury, and Given Chairman.