Satoshi

Show

Polygon

RebelSatoshi

Coin

<p>The author of <em>“Big Dad, Poor Dad”</em> addressed the ongoing issues in the crypto market as the price of Bitcoin dropped again to $61k. He acknowledged the price decline saying “Bitcoin is Crashing” mentioning that most people should consider selling their BTC assets so he can get more chances to increase his Bitcoin positions.&nbsp;</p> 
<h2 class="wp-block-heading" id="long-term-holding-vs-active-trading">Long-Term Holding vs. Active Trading</h2> 
<p>The best-selling author talked about the cyclical nature of markets, saying all assets experience ups and downs. Because of this many people employ strategies that will allow them to buy low and sell high. However, Kiyosaki thinks this strategy is also not tax-friendly, frequent trading could make tax costs pile up.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Bitcoin is crashing. Most people should sell. I am waiting to buy more.<br>All markets go up and down. Many people make a lot of money “trading”<br>markets which means buying low and hopefully selling low. The problem with “trading” any asset is taxes, specifically “short term”…</p>— Robert Kiyosaki (@theRealKiyosaki) <a href="https://twitter.com/theRealKiyosaki/status/1805259580835799500?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 24, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Drawing a parallel to Warren Buffett’s investment philosophy, Kiyosaki expressed his preference for a “buy and hold forever” strategy. This approach aligns with his focus on building new assets rather than actively trading existing ones.</p> 
<p>Kiyosaki shared that he currently identifies as a “serial entrepreneur,” working on two new startup ventures. This revelation highlights his commitment to creating value through business development rather than relying solely on market fluctuations.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">ongoing low presale price</a></strong> to get in early!</p> 
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/polygon-whale-accumulates-matic-price-prediction/" target="_blank">Polygon Whale Accumulates – MATIC Price Prediction</a></em></strong></p> 
<h2 class="wp-block-heading" id="advice-for-different-investor-profiles">Advice for Different Investor Profiles</h2> 
<p>The author offered tailored advice for different types of investors:</p> 
<ol> 
 <li><strong>For those easily unnerved by market volatility</strong>: Kiyosaki suggested selling assets and focusing on job security.</li> 
 <li><strong>For employees:</strong> He recommended holding onto their jobs, implying that steady employment might be a safer option during turbulent economic times.</li> 
 <li><strong>For entrepreneurs</strong>: Kiyosaki made a comparison between the mindset of an entrepreneur and that of employees, describing them as “opposite sides of the same coin.”</li> 
</ol> 
<p>The financial guru acknowledged the tough times in the crypto market and urged investors to make decisions based on their circumstances and how well they can handle risks.</p> 
<p><em><strong>Join <a class="thirstylink" rel="nofollow" target="_blank" title="aethir" href="https://captainaltcoin.com/go/aethir/" data-shortcode="true">Aethir’s exclusive airdrop</a> and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!</strong></em></p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-recq-meme-coin-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check $RECQ Meme Coin</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy RECQ Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/bitcoin-is-crashing-why-most-people-should-sell-their-btc-robert-kiyosaki/">“Bitcoin Is Crashing”: Why Most People Should Sell Their BTC – Robert Kiyosaki</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

“Bitcoin Is Crashing”: Why Most People Should Sell Their BTC – Robert Kiyosaki

Table of Contents

CaptainAltcoin

Other articles published on Jun 26, 2024

Why You Should “Not Sleep on Litecoin Anymore” – LTC Price Analysis

Is the Tide Turning for Bitcoin? U.S. ETFs Report First Net Inflows in Over a Week

VanEck Launches Fee-Free Spot Ethereum ETF, Targets $1.5B AUM by 2025

2024’s Must-Watch: 5 Cryptocurrencies Set for Major Gains: Bitgert, Super Trump, Brett (Based), I...

Missing Cryptoqueen Ruja Ignatova Wanted in US With New $5 Million Reward

GRIID Shares Quadruple in Five Days Amid Acquisition Rumors

Join our free newsletter for daily crypto updates!