Robert Kiyosaki Says It's Time to Buy More Bitcoin, Not Cry About Price Drops

The renowned author of best-selling book "Rich Dad Poor Dad," is not worried about the recent drop in Bitcoin's price.

Bitcoin (BTC) price continues its downturn, showcasing a loss of almost 15% in just six days, which is quite substantial for a $2 trillion asset. Naturally, such performance shifts the sentiment of crypto market participants from bullish euphoria to fear, uncertainty and doubt.

However

However, Robert Kiyosaki, the renowned author behind the best-selling book "Rich Dad Poor Dad," is unfazed by the recent downturn in Bitcoin price.

Where others see loss, he sees opportunity. According to Kiyosaki, this is not a time to be down but a time to take action. He believes that market corrections are an optimal time to buy more Bitcoin at lower prices. Investors tend to overreact and focus excessively on short-term price movements, he adds.

bitcoin cry babies

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

Kiyosaki has long been a major proponent of Bitcoin, viewing it as a game-changing financial tool. He values its decentralized nature highly and dubs it the "people's money," highlighting its design, which makes it accessible to anyone willing to take the first step.

Unlike traditional assets, BTC does not require investors to commit large sums of money. Small purchases, even satoshis, are a great way to get started, which the author thinks is brilliant.

$350,000 Bitcoin - Dream or reality?

But he is not one to be hopeful without a clear plan. Kiyosaki's latest Bitcoin forecast is ambitious, but it is also based on a belief in the cryptocurrency's potential, as he admits that a price of $350,000 may seem optimistic. But for him, the cryptocurrency's design - democratic and scalable - justifies such predictions. He believes the real risks are not in buying Bitcoin but in waiting too long to get started.

To Kiyosaki, the recent price drop is not a setback for Bitcoin; it is a signal to reprioritize and seize the opportunities that such market movements present.