R Kiyosaki unveils his trading strategy for Bitcoin
Robert Kiyosaki, the well-known investor and author of the best-selling book ‘Rich Dad Poor Dad’, has revealed his strategy for trading Bitcoin (BTC) in the current market conditions. Instead of following the trend of selling when Bitcoin is crashing, Kiyosaki advocates for buying more when the price is low and holding onto it indefinitely. He believes that all markets experience fluctuations and that it is important to focus on long-term gains rather than short-term capital gains taxes.
Kiyosaki, who considers himself a serial entrepreneur, is currently working on two new start-ups and emphasizes the importance of building new assets rather than selling during market downturns. He suggests that those who are afraid of crashes should hold onto their jobs, while entrepreneurs should seize the opportunities presented by market volatility.
As a strong advocate for Bitcoin and other assets like gold and silver, Kiyosaki views these investments as a hedge against inflation and economic uncertainty. He believes that crashes present unique opportunities to accumulate wealth, as bargains emerge during times of market distress.
In line with his bullish outlook on Bitcoin, Kiyosaki has endorsed Cathie Wood’s prediction of Bitcoin reaching $2.3 million per wholecoin. Despite the current price of Bitcoin hovering around $60,619 and experiencing fluctuations in the past week and month, Kiyosaki remains confident in the long-term potential of the cryptocurrency.
Disclaimer: This article is not intended as investment advice and should be viewed as speculative. All investments carry a level of risk, and individuals should carefully consider their financial decisions.