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Kiyosaki said that the fall of bitcoin and other cryptocurrencies will only benefit

5:45 pm, November 12, 2022

Editor’s note — NOT investment advice!

Robert Kiyosaki, an investor and author of the bestselling financial self-education book Rich Dad, Poor Dad, known for his statements about cryptocurrencies, shared his view on the current decline in digital assets. The writer is convinced that the fall of bitcoin is the best time to invest. Thus, Kiyosaki has joined the «team» of analysts who view the fall of BTC $62,581.73 Bitcoin 0.71% Market capitalization $1.24 trillion VOL. 24 hours $0.5 billion on the positive side.

«BITCOIN? AM I EXCITED? No, I’m not. I am a bitcoin investor just like I am a gold, silver, and real estate investor. I AM NOT A TRADER. When BITCOIN hits a bottom of $ 10,000 to $ 12,000? I will be happy, not worried. I’m betting against the Fed, Treasury & Biden & betting on gold, silver & BTC,» Robert Kiyosaki wrote on his Twitter page.

Kiyosaki plans to invest in bitcoin even if the digital asset reaches its minimum. The bestselling author believes that after the crypto winter, the BTC will rise to new historical highs. According to Kiyosaki, as soon as the Federal Reserve abandons its tight monetary policy, the attractiveness of alternative instruments, including cryptocurrencies, will immediately begin to increase.

In September, Kiyosaki called 2022 the best time to buy cryptocurrencies. «I believe that the biggest economic downturn in world history is coming. And now the question is not whether you want to invest in cryptocurrency. You just need to buy cryptocurrency to avoid losing all your savings,» the writer emphasized at the time.

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