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Robert Kiyosaki Sees Opportunity to Buy More BTC Amid Market Crash

Despite the drop in BTC prices, the American entrepreneur said it is an excellent opportunity to get rich.

American businessman and author Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has long advocated investing in assets that he believes will stand the test of time. Despite the ongoing market volatility, he sees the current crash as a golden opportunity for savvy investors to purchase bitcoin (BTC) at a lower price.

In a recent tweet, Kiyosaki noted, “The stock, bond, real estate, gold, silver, and Bitcoin markets are crashing.” He further stated that the asset’s fallback signifies the best time to get rich. 

Kiyosaki Unbothered By BTC Fall

Over the past week, the price of BTC has experienced significant declines, losing over 14% of its value from its recent high. The market correction can be attributed to a variety of factors, including fears surrounding rising interest rates.

Kiyosaki, however, remains unmoved by the short-term turbulence. At the time of writing, the digital asset was changing hands at over $95,100, down 4.9% in the last 24 hours.

In line with bitcoin’s price crash, traders are scrambling to cover their positions after US President Donald Trump announced 10% tariffs on China and 25% each for Mexico and Canada on February 1.

This is not the first time the crypto lover has urged the community to take advantage of BTC’s fall. On January 8, 2024, the crypto-enthusiastic entrepreneur described the price decline at the time as a prime opportunity for savvy investors.

Kiyosaki, also known for his love and commitment to Bitcoin, noted that he will continually acquire it. He said that when bitcoin crashes, it is an opportunity to purchase more rather than a crisis.

Can BTC Price Hit These Price Ranges?

While Kiyosaki focuses on bitcoin, he has also expressed interest in other assets, including precious metals like gold and silver and real estate. Nevertheless, he continues to emphasize that BTC offers unique advantages for those looking to protect their wealth in a world of economic uncertainty.

Over the past year, the renowned author has predicted that the price of BTC per unit would hit several prices. He noted that the largest crypto asset would reach $350,000 sometime in 2024. However, he also speculated that BTC could crash down to $60,000 before a massive pump.

Chris Lion