Best for today's situation, buy at a whopping $3 or less!

Rich Dad: Buy More While Bitcoin Crashes

As for Bitcoin's recent decline, Robert Kiyosaki, author of the best-selling book “Rich Dad, Poor Dad” as a long-time Bitcoin advocate, tweeted late last night (24)pointed, as Bitcoin falls, he is waiting to buy more and holds on.

Bitcoin is crashing and most people should sell, but I'm waiting to buy more.

There are ups and downs in all markets. Many people make a lot of money through the “trading” market, which means buying low and hoping to sell at a high price.

The issue with “trading” any asset is tax, especially “short-term” capital gains tax. My strategy is similar to Buffett's “Buy and Always Hold”.

Rich Dad: Don't Give Up Buying With Bitcoin Too Expensive As An Excuse

Robert Kiyozaki has repeatedly urged people to buy “real currencies” such as gold, silver and bitcoin to achieve wealth growth. He tweeted on the 15th that he advised people not to give up buying as an excuse for Bitcoin's high price.

I'm frustrated with encouraging people to buy Bitcoin. I get a lot of lame excuses, the most common one being “Bitcoin is too expensive”.

BTC price is high, but it has not reached as high as expected. I'm just repeating my rich dad's investment lesson — “Your profits are made when you buy... not when you sell.”