Robert Kiyosaki Advises People to Sell Bitcoin, Despite His Intention to Buy More

Robert Kiyosaki, author of “Rich Dad Poor Dad,” recently spoke about Bitcoin’s downturn, advising people to sell Bitcoin.

Renowned author Robert Kiyosaki, known for his best-selling book “Rich Dad Poor Dad,” has shared his thoughts on the recent downturn in the Bitcoin market, advising people to sell their Bitcoin holdings.

In a post on X, Kiyosaki wrote, “Bitcoin crashing. Most people should sell.” At the same time, he noted that he planned to buy more Bitcoin amid the current crash.

Kiyosaki highlighted an issue where many people don’t understand trading, aiming to “buy low and hopefully sell high.” He mentioned trading for short-term capital gains taxes and advocated for a long-term “buy and hold” strategy, similar to Warren Buffett's approach.

Kiyosaki stated that he’s more focused on building new assets than trading. Describing himself as a “serial entrepreneur,” Kiyosaki said he's working on two new startups. He also advised people who are afraid of market crashes to sell and keep their employment, contrasting the mindsets of entrepreneurs and employees.

Kiyosaki's message ended with a warning of tough times ahead and a call for individuals to make decisions that work best for them.

News source：https://www.kdj.com/cryptocurrencies-news/articles/robert-kiyosaki-advises-people-sell-bitcoin-intention-buy.html

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