"Rich Dad Poor Dad" Author: All markets have ups and downs, plan to increase BTC holdings

ChainCatcher news, Robert Kiyosaki, the author of "Rich Dad Poor Dad," tweeted that Bitcoin is crashing, and most people should sell, but he plans to increase his BTC holdings. He pointed out that all markets have ups and downs, and many people have made a lot of money through "trading," but this means buying low and selling high. The problem with "trading" any asset is taxes, especially "short-term" capital gains tax.

His own strategy is to hold long-term, and he is currently focused on entrepreneurship. For those afraid of a market crash, he suggests selling and holding onto their jobs tightly, as this is what most "employees" should do.