The writer stated that he is using this decline to buy the BTC. He also said that he had already bought the first cryptocurrency when it was trading at $6,000 and $9,000.
Robert Kiyosaki, author of the bestselling book Rich Dad Poor Dad, wrote on Twitter that the bitcoin rate could fall to $20,000 in the near future.
The writer claims that he is using this opportunity to buy cryptocurrency. Kiyosaki also said that he bought bitcoin when it was trading at $6,000 and $9,000.
Kiyosaki called a possible collapse to $20,000 “great news” and added that investors make a profit when they buy, not when they sell.
WOW:Words of Wisdom. “Your profits are made when you buy, not when you sell.” Price of Bitcoin crashing. Great news. I bought BC at $6K and 9K. I will buy more if and when BC tests $20k. Time to get richer is coming. Silver best bargain today. Silver still 50% below high.
— therealkiyosaki (@theRealKiyosaki) January 24, 2022
At the end of 2021, the writer warned of a major collapse in gold, silver, bitcoin and real estate. According to Kiyosaki, this may be due to the “fake inflation” promoted by the US Federal Reserve and President Joe Biden.
Kiyosaki expected the collapse of the financial markets to happen in October, but this did not happen. The writer called the cause of the future collapse of the world economy the high public debt of the United States.
At the same time, in the summer, Kiyosaki called for buying bitcoin, gold and silver, since these assets will help weather the crisis.
On January 24, the bitcoin exchange rate for the first time since July fell to $35,500, the cryptocurrency is trading at $33.8 thousand, and its capitalization is $663 billion, according to CoinGecko. Over the month, the BTC has fallen in price by 31%.
