Robert Kiyosaki’s Bitcoin Strategy: 2 ways to Buy and Sell according to the Rich Dad Poor Dad Author

Robert Kiyosaki, the renowned Rich Dad Poor Dad author, has once more provided his guidance on bitcoin, revealing his buying and selling strategy. As his book has served as a best-selling financial guide for over two decades, Kiyosaki’s opinion regarding cryptocurrency is given paramount consideration.

Robert Kiyosaki‘s Latest Bitcoin Buy

Earlier in the week, when bitcoin was above $117,000, Kiyosaki took to social media to announce that he will be buying more bitcoin. He encouraged his followers to learn and to see if bitcoin is their ticket to a life of being a millionaire.

Bitcoin Price Update

It wasn’t long after Kiyosaki’s update that bitcoin broke above the $120,000 level, reaching a new high. At this point, Kiyosaki decided to cease further buys of BTC.

Why Robert Kiyosaki Stopped Buying Bitcoin

Kiyosaki made it clear that he would stop buying bitcoin at $120,000 because he does not wish to be greedy and lose all he owns. He reiterated the importance of caution and not getting overexposed.

Kiyosaki’s Investment Philosophy

Being a seasoned investor, Kiyosaki typically reminds individuals of greed risks. He emphasized that overexposure can be just as dangerous as doing nothing. His approach to investment is based on caution and not getting too attached to any one asset.

Future Buying Plans

Kiyosaki said he will wait for the price of bitcoin to fall dramatically before buying more. He laughed and said that he will buy more bitcoins when “the pigs stop squealing and selling and blaming bitcoin for our losses.”

Current Bitcoin Price

bitcoin is trading at $117,989, as of writing.

Key Takeaways

* Robert Kiyosaki will buy more bitcoin at a price below $120,000.

* He reduced buying bitcoin at $120,000 to avoid greed.

* Kiyosaki emphasizes caution and not exposing oneself excessively.

* He will let the price of bitcoin plummet steeply before buying again.

Following the observations of Kiyosaki, investors can more clearly see his approach in bitcoin and make a proper decision about their own investments.

Robert Kiyosaki’s Bitcoin Price Predictions

Kiyosaki has already predicted bitcoin could reach as high as $200,000, even $1 million. He is, however, cautious about getting carried away with his estimates.

Investment Advice

Kiyosaki’s investment advice is all about being informed and cautious. He cautions investors to study and examine different opportunities to invest in, including bitcoin.