Robert Kiyosaki’s Strategy for a Bitcoin Downturn

Robert Kiyosaki, the author of the bestseller “Rich Dad, Poor Dad” and an entrepreneur, has shared his strategy in the event of a decline in the price of the leading cryptocurrency.

I am often asked “What happens if Bitcoin crashes?” My reply is the same for Bitcoin, gold, or silver. My reply is “I would be happy and I would buy more, once the crashing stops.”

All market crashes are, are assets going on and “sale” is my favorite four letter word.

— Robert Kiyosaki (@theRealKiyosaki) February 23, 2024

“I am often asked: ‘What happens if Bitcoin crashes?’ My answer is the same for Bitcoin, gold, and silver: ‘I would be happy and I would buy more, once the crashing stops,’” he wrote.

The investor added that “sale” is his favorite four-letter word.

Earlier, Kiyosaki predicted that Bitcoin prices would rise to $100,000 by June 2024.

BITCOIN to $100k by June 2024.

— Robert Kiyosaki (@theRealKiyosaki) February 18, 2024

Kiyosaki has frequently urged his followers to consider alternative investment options. In September 2022, he predicted the “greatest crash in history,” and in October, he recommended buying the leading cryptocurrency and other digital assets amid the rising Fed rate.

In February 2023, the entrepreneur forecasted Bitcoin’s rise to $500,000 by 2025 and called it the best insurance in unstable times, while warning about the asset’s volatility.

Back in March, Kiyosaki urged the purchase of digital gold and precious metals ahead of an “emergency landing” amid issues with American banks. The entrepreneur reiterated his recommendations in April and May.