Robert Kiyosaki says he will buy Bitcoin if it drops to $20,000
Earlier, a well-known writer revealed his bitcoin purchases when the cryptocurrency was worth $6,000 and $9,000.
In his Twitter account, Robert Kiyosaki seems optimistic, despite the more than 50% drop in bitcoin: “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.”
We should point out that at the end of 2021, the writer indicated that a major collapse in the silver, gold, real estate and bitcoin markets was possible. He believed this was possible because of inflation driven by the FED US and President Joe Biden. Earlier, in the summer of 2021, he actively encouraged the purchase of the above assets, as in his opinion, they could survive the future crisis.
Recall that Bitcoin fell to $33,000 in late January. Some analysts believe that the rate will continue to fall, while others say that it will go up again and break the record of $100,000.