Robert Kiyosaki Shares Plan of Buying Bitcoin (BTC) At $1,100

Author Robert Kiyosaki Shares Investment Plan For Followers
  • In over 51 languages, the book has sold more than 32 million copies in over 109 countries.
  • Some thought the author made an error and meant $11,000.

Robert Kiyosaki, the author of Rich Dad, Poor Dad, has returned with a fresh perspective on bitcoin. Kiyosaki and Sharon Lechter co-wrote Rich Dad, Poor Dad in 1997. The New York Times bestseller list has included it for six years. In over 51 languages, the book has sold more than 32 million copies in over 109 countries.

Twitter Users Confused Over $1.1k or $11K

On Tuesday, the famed novelist tweeted a “Rich Dad lesson.” While “losers quit when they lose” and “winners learn from their losses.” He said that “Bitcoin losers are quitting” and that he is waiting for BTC to hit $1,100 before buying more. On Twitter, many individuals disagreed with Kiyosaki’s prediction that bitcoin would ever reach $1,100. Some thought the author made an error and meant $11,000.

For months, the famous investor has said he plans to acquire more bitcoin when the price falls. During the recent dip in the price of Bitcoin, he began predicting that the cryptocurrency would hit $20,000. As BTC continued to decline, he changed his bottom price projection many times.

Previously according to Kiyosaki, Bitcoin might hit a low of $9,000 in May. At the time, the value of a single bitcoin was roughly $30,000 USD. The author said he is still optimistic about bitcoin because he regards the Federal Reserve and the Treasury Department as corrupt institutions. When the bottom is in, he says, he’ll “back up the truck,” because “Crashes are the best times to get rich,” as he puts it.

Kiyosaki also predicted that the U.S. economy would collapse. Last month, he envisioned a slump and public turmoil after claiming that the stock and bond markets were collapsing. According to him, hyperinflation has arrived, and investors should purchase Bitcoin, Ethereum, and Solana because the U.S. dollar is on the verge of imploding.

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A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.