Rich Dad Poor Dad Author: Waiting for the Right Time to Increase Bitcoin Holdings

Odaily News Robert Kiyosaki, author of Rich Dad Poor Dad, wrote on X: Bitcoin is plummeting. Most people should sell, but I am waiting for the opportunity to increase my holdings. All markets have ups and downs. Many people have made a lot of money by trading the market, which means buying low and selling high. The problem with trading any asset is taxation, especially short-term capital gains tax. My strategy is similar to Warren Buffetts buy and hold forever. What am I doing if Im not trading assets? I spend my time accumulating new assets, which is why Im a serial entrepreneur. Currently, Im working on starting two new startups. If the plunge makes you panic, then sell and keep your job, which is what most employees should do. Simply put, entrepreneurs and employees are two sides of the same coin. Take care. The road ahead is difficult. Do whats best for you.