"Rich Dad Poor Dad" Author: Waiting to Buy More Bitcoin
Robert Kiyosaki, author of "Rich Dad Poor Dad," said in a social media post that Bitcoin is plummeting. Most people should sell. I'm waiting to buy more. All markets go up and down. Many people make a lot of money by trading markets, which means buying low and selling high. The problem with trading any asset is taxes, especially short-term capital gains taxes. My strategy is similar to Warren Buffett's buy and hold forever.