Rich Dad Poor Dad’s Robert Kiyosaki Urges Crypto Investors to Buy the Dip, Says ‘Stop Whining and Take Action’
He stated in his tweet that “Bitcoin crashing. Great news. When the price hits $27,000, I may start buying again. A lot will depend upon the global-macro environment. Remember, the problem is not gold, silver, or Bitcoin. Problems are the incompetents in government, Fed & Wall Street. Remember, gold was $300 in 2000.”
While evaluating the dollar’s decline, Kiyosaki openly states that the FED, the Treasury Department, and the Biden administration are problematic. Crypto prices went up and down moderately during Remembrance Day weekend, a public holiday in the U.S., and there was no bloody loss that many investors thought would happen.
BTC has strong support at $ 23.3k. This indicates that Bitcoin is likely to reach $27,000 soon. However, Bitcoin fell more than 37% so far in May, making it the worst monthly performance of the cryptocurrency since September 2011.
Bitcoin has lost nearly 45% of its value recently, but despite tough few months, it still has an average annual increase of 24% and an increase of about 270% from last year.
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. Over 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
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