Bitcoin sellers in the fall, according to Kiyosaki, are labeled as "losers"
Renowned financial author Robert Kiyosaki, best known for his book "Rich Dad Poor Dad", continues to endorse cryptocurrencies as a novel investment method. Kiyosaki, who was born in Hawaii in 1947 and is of American nationality with Japanese ancestry, has been advocating for investing in cryptocurrencies for a decade.
His latest tweet, expressing support for Bitcoin, has sparked a wave of comments on social media. Kiyosaki labels those who sold their Bitcoins due to the recent price drop as "losers", stating they acted like cowards. This bold statement has caused controversy, with some criticizing Kiyosaki for giving publicity to Donald Trump rather than Bitcoin.
Kiyosaki's financial philosophy of "financial freedom" predates the launch of Bitcoin, but he has incorporated cryptos into his methods and monetary philosophy. He views Bitcoin price drops as a kind of "trampoline" for it to then rise sharply, and recommends buying Bitcoins when its price drops significantly, as it may be the last opportunity to buy at a low price.
At the start of 2025, Bitcoin experienced a 30% drop, with the current price fluctuating between $69,000 and $83,000. Kiyosaki's recent recommendation to buy Bitcoin has come at a time when its price is on the rise after a significant drop.
In Spain, taxation of Bitcoin and other cryptocurrencies is handled by classifying them as assets that must be declared and taxed. Medium-level audits typically involve verifying income tax compliance, including reporting gains from sales and adhering to quarterly prepayments and annual tax returns under the progressive income tax system for residents.
Kiyosaki's financial recommendations, which often advocate for risky investments, have sparked interest and criticism. Some argue that Kiyosaki's tactics are too risky, focusing on making large amounts of money without explaining daily transaction use.
Despite the controversy, Kiyosaki's influence in the financial world remains strong. He has written over 20 books on financial success, with his most famous being "Rich Dad Poor Dad", which has achieved worldwide success. A certificate course on Taxation and Taxes of Bitcoin and Other Cryptocurrencies is available, consisting of 19 lessons and offered free of charge on Medium.
Kiyosaki's tweet has sparked a wave of comments on social media, with some agreeing with his stance on Bitcoin and others criticizing his approach. Regardless of the opinions, Kiyosaki's endorsement of Bitcoin has once again brought the digital asset into the spotlight.
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