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Famous Author-Entrepreneur to Invest in $20K BTC Dip

Published 01/25/2022, 02:38 PM
Updated 01/25/2022, 03:00 PM
© Reuters Famous Author-Entrepreneur to Invest in $20K BTC Dip
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  • Entrepreneur awaits for $20k BTC dip.
  • Crypto market remains bearish.
  • Bitcoin trades below $40K.

The crypto world continues to experience a prolonged market decline. To be specific, the whole market capitalization of the space is down to almost -50% from its high price of over $3 trillion in November 2021. This performance of the market is felt across the space which makes some traders and investors feel very uncomfortable.

However, for some seasoned investors in the industry, this market dip is like music to their eyes. In detail, these types of traders take advantage of the dip to establish and strategize their portfolios. The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, reacted to the recent market dip.

Robert said in a tweet post. “WOW:Words of Wisdom. Your profits are made when you buy, not when you sell. Price of Bitcoin crashing. Great news. I bought BC at $6K and 9K. I will buy more if and when BC tests $20k. Time to get richer is coming. Silver best bargain today. Silver still 50% below high.”

The tweet post created by Robert Kiyosaki gathered different opinions across the crypto Twitter (NYSE:TWTR) community. At the time of writing, the tweet post was already retweeted over a thousand times, with more than 7000 likes that continue to increase over time.

Currently, Bitcoin trades below $40k per crypto with a decline rate of -13.8% in the past seven days. Its market capitalization amounting to almost $700 billion continues to dominate the whole crypto market.

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