The Economist at the Center of Criticism Speaks: “I’ll Buy Bitcoin Even If the Price Drops to $6000”

Rich Dad Poor Dad author Robert Kiyosaki responded to criticism of him on the social networking site X.

During his previous statement, Kiyosaki explained the controversy surrounding his earlier comment which was read as “I stopped adding positions when silver was approximately $60, Bitcoin around $6,000 and gold about $300.” Paraphrasingr ’It is.

Some users in the community questioned Kiyosaki’s timing of Bitcoin purchases, using statements that suggested he had bought as early as $90,000 and criticised the accuracy of his assertions about recent purchases at the $6,000 level. During his statement, Kiyosaki admitted buying Bitcoin at around $6,000 but said he was not looking for the date. He argued that the criticism was mostly about timing of the purchases, saying his investment strategy focused on price range and long-term value.

In a future where the price would go back to $6,000 level, Kiyosaki said he would still buy Bitcoin. He noted that he invests more attention on asset allocation than timing, not just the amount of Bitcoin, gold, silver and Ethereum in his portfolio; “the timing of purchases is secondary.”

*This is not investment advice.

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