[News Figures] 'Rich Dad' Robert Kiyosaki's Advice: "When Is the Right Time to Sell Bitcoin?"

Robert Kiyosaki, author of "Rich Dad Poor Dad," advised that "if the price of Bitcoin exceeds $100,000, additional purchases should be stopped." The price of Bitcoin surpassed $90,000 for the first time ever. According to cryptocurrency media Pinbold on the 13th, Kiyosaki warned, "You must remember that the fat pig eventually gets slaughtered," and cautioned that "investors should not become pigs." The price of Bitcoin rose more than 33% after the U.S. presidential election on November 5, boosted by the election of Donald Trump.

▲Robert Kiyosaki (Source: Robert Kiyosaki Twitter)

Robert Kiyosaki is an American author and investment educator who conveys the message "Money is freedom." He is a fourth-generation Japanese American born in Hawaii in 1947. After graduating from the U.S. Naval Academy, he volunteered for the Marine Corps and served as an officer and armed helicopter pilot in the Vietnam War. After his discharge, he worked as a salesman at Xerox's Hawaii branch. Starting in 1977, when he turned 30, he began his own business.

In his early 30s, he experienced both success and failure. At age 34 in 1981, he fell into a "bankrupt" state. During this time, he met Dr. Buckminster Fuller, known as a pioneer in the self-development field. Influenced by Dr. Fuller, he wound down his business and moved to the U.S. to provide self-development education for corporate employees seeking a better future. At age 38 in 1985, he founded a global company focusing on investment education and financial consulting, achieving great success. While thriving as one of the most famous investment educators in the U.S., he suddenly announced his retirement at age 47. Later, at age 50 in 1997, he wrote "Rich Dad Poor Dad," which became a huge hit and placed him among the ranks of "global bestselling authors." This book was followed by the "Rich Dad Poor Dad" series over the next decade. In 2006, he co-authored "Rich Dad's Guide to Investing" with Donald Trump. In 2012, one of his companies, Rich Global, went bankrupt. Despite the bankruptcy of Rich Global, he continues to operate several companies including Rich Dad. His fortune is known to exceed $100 million. The "Rich Dad Poor Dad" series has sold over 40 million copies worldwide. In Korea and Japan, over 3 million copies have been sold respectively. Especially in Korea, it became widely discussed during the period struggling to recover from the IMF crisis.