The author of Robert Kiyosaki, a well-known economist and poor dad of the book Rich Dad, conveyed an impressive message to investors after Bitcoin surpassed the $118,000 level.
Shared on social media accounts, Kiyosaki said the market is entering a period of extreme enthusiasm and many people can invest in emotional responses during this period.
Kiyosaki said he made his final purchase for $110,000 and that he is now in a strategic holding period. Analysts argue that investors who act patiently and deliberately will benefit in the long term, not dependent on market excitement. Experienced investors noted that people who panic due to FOMO (fear of missing out) during this period are at a higher risk of loss.
Kiyosaki said, “By purchasing at the right time and not at the time of sale, the actual profits are achieved,” asking investors to look for opportunities during market fluctuations, avoiding a sudden response.
Kiyosaki believes there will be a massive dollar collapse in the US in the near future, and he believes he will make statements in favor of Bitcoin, gold and silver.
*This is not investment advice.