The recent pullback of Bitcoin from highs above $100,000 presents a prime opportunity to buy, according to “Rich Dad, Poor Dad” author and entrepreneur Robert Kiyosaki.
Boo Hoo Boo Hoo: BITCOIN CRY BABIES crying about Bitcoin prices dropping down. Rather than say “Thank you” and buying more “Bitcoins”…..cry babies cry. Buy buy buy not cry cry cry. Be grateful Grow up and buy more BC
— Robert Kiyosaki (@theRealKiyosaki) December 24, 2024
“Bitcoin crybabies are shedding tears over the price drop instead of saying ‘thank you’ and buying more coins. Stop crying and buy. Be grateful, grow up, and buy,” he wrote.
Kiyosaki frequently posts in support of Bitcoin, but one commenter called his latest tweet “the best of the year.”
In early December, Kiyosaki predicted a potential dip in Bitcoin’s price to $60,000. He stated his intention to increase his holdings in the cryptocurrency if that happens.
“At this stage in the process, the price isn’t as important as the number of Bitcoin you own. I need more,” he said.
In November, the entrepreneur revealed he owns 73 BTC and plans to grow his holdings to 100 BTC within a year.
Besides Bitcoin, Kiyosaki also encourages investors to consider gold and silver as safe stores of value. He believes that “fake” fiat money is unsuitable for this purpose.
Notably, Kiyosaki has aligned with MicroStrategy founder Michael Saylor’s prediction of Bitcoin reaching $13 million.