thecoinrepublic.com
- Bitcoin price crash is a signal to buy as per Robert Kiyosaki
- Kiyosaki described the latest Bitcoin price plunge as great news and vowed to increase his exposure to the asset if the price plunges to $20k
- Kiyosaki admitted the acquisition of the flagship crypto asset when the price of it was hovering near the level of $6k and $9k
Bitcoin has seen notable adoption over the last year. However, the asset was unable to hit the benchmark level of $100k as expected by several hodlers. Since the beginning of this year, the asset has faced notable plunges. Still, many of the enthusiasts are bullish, and few hodlers are waiting for a significant dip to acquire more of it. Simultaneously, Robert Kiyosaki, the author of the famous book “Rich Dad Poor Dad ”, believes that the price crash of the asset is time to get wealthier. He further highlighted that he would purchase more BTC if the price dips to $20k.
Robert Kiyosaki is bullish on Bitcoin price crash
The American businessman and author, Robert Kiyosaki, is not concerned about following the latest Bitcoin market crash. Kiyosaki described the latest Bitcoin price plunge as great news and vowed to increase his exposure to the asset if the price plunges to $20k.
The 74-years-old author is among the experts who consider BTC as the right investment tool in times of financial crisis and inflation. Moreover, he believes that the coin designed by Satoshi Nakamoto has educational functions.
In the summer of 2020, he underscored that the asset class, along with some precious metals like Gold and Silver, makes people more intelligent, richer, and more robust against the FED.
Is Robert Kiyosaki a Bitcoiner?
Following such high stances on Bitcoin, it seems that Kiyosaki is a holder of the asset. In a recent tweet, he admitted the acquisition of the flagship crypto asset when its price was hovering near the level of $6k and $9k. Sticking to his financial beliefs, he highlights that profits are accumulated when one buys and not sells.
On the other hand, Kiyosaki believes that the monetary problems caused by the US FED with its COVID-19 countermeasures have turned the American national currency into fake dollars. Following the scenario, he also asked individuals not to save cash as their funds will devalue in such a recession. Instead, he also asked the individuals to focus on BTC and Gold to preserve their wealth.
Eric Adams shares the same viewpoint
Eric Adams, the Bitcoin lover and mayor of New York City, has opined that the price plunge could provide good buying opportunities for investors. Notably, a few days ago, he received his first paycheck as a leader of the Big Apple in crypto instead of dollars.