The post R. Kiyosaki blasts ‘Bitcoin cry babies’ as BTC price drops appeared on BitcoinEthereumNews.com.

After Bitcoin (BTC) hit a record high of about $108,000, the asset has retreated, facing the threat of dropping below the $90,000 support zone as hopes of a possible Santa rally fade. With this price drop, Robert Kiyosaki, the author of the best-selling personal finance book ‘Rich Dad Poor Dad’, has addressed Bitcoin investors disheartened by the bearish trajectory. Kiyosaki criticized what he described as “cry babies,” complaining about the decline instead of seizing the opportunity to buy more, according to his X post on December 24. Known for his bullish stance on Bitcoin, the celebrity investor emphasized that market dips are moments to be grateful for, urging investors to view them as buying opportunities rather than reasons for concern. “Boo Hoo Boo Hoo:  BITCOIN CRY BABIES crying about Bitcoin prices dropping down. Rather than say “Thank you” and buying more “Bitcoins”…..cry babies cry. Buy buy buy not cry cry cry. Be grateful. Grow up and buy more BC,” Kiyosaki said.  Kiyosaki’s bullish Bitcoin stand  Indeed, the financial educator has maintained that Bitcoin is the ideal asset to protect wealth as he warns about the start of a global crash. It is worth noting that Kiyosaki’s prediction of a major economic crash has been a subject of debate. In addition to the digital asset, the author has advocated investing in precious metals, including gold and silver, maintaining that they all serve the same purpose and should not be involved in a supremacy battle. In line with accumulating Bitcoin, Kiyosaki, in a Finbold report, expressed gratitude to Bitcoin investors for putting money away from traditional finance assets.  According to Kiyosaki, investing in Bitcoin alongside precious metals is a way to refuse to place trust in conventional financial institutions, which he describes as a “Den of Thieves.” Bitcoin price analysis  Bitcoin was…

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Filed under: News - @ December 24, 2024 11:22 am