‘Rich Dad Poor Dad’ Author Kiyosaki: ‘Bitcoin Crashing. Great News’
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Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Robert Kiyosaki, renowned entrepreneur, and investor, who authored the best-selling book on finance management “Rich Dad Poor Dad”, has addressed the overnight Bitcoin price collapse as BTC went down well below the $102,000 that it had almost managed to regain this week. Kiyosaki’s tweet was rather celebratory as he said that Bitcoin is “on sale” now. “Bitcoin crashing. Great news” Kiyosaki happily noted that Bitcoin price is crashing and described it as “great news” as the world’s leading cryptocurrency in terms of market capitalization size and institutional adoption has gone down by more than 6% overnight. Since yesterday, Bitcoin has collapsed from close to $102,000 and hit the $95,500 zone. By now, it has recovered a little, reaching the $96,000 price level. BITCOIN crashing. Great news. I continue buying Bitcoin because Bitcoin crashing means Bitcoin is on sale. Remember “Buy low….and HODL.” Less than 2 million more Bitcoins to be mined. — Robert Kiyosaki (@theRealKiyosaki) January 8, 2025 Kiyosaki stated that he continues to buy Bitcoin because “Bitcoin crashing means Bitcoin is on sale.” He also cited a famous BTC hodlers’ rule: “Buy low and HODL.” The financial guru also reminded the cryptocurrency community that there is not that much BTC left for purchasing, while spot ETFs and other financial institutions, like MicroStrategy continue to scoop BTC…
Filed under: News - @ January 8, 2025 10:22 am