'Rich Dad Poor Dad' Author Reveals His Possible Actions Should Bitcoin Crash

by Spencer Haag

Bitcoiner Robert Kiyosaki, and additionally an entrepreneur, investor and author of the trendy self-instructing e book on funds “Properly off Dad Miserable Dad”, has taken to the X social media platform (previously trendy as Twitter) to answer to a seek recordsdata from that he most frequently gets requested about BTC.

He additionally printed what he loves most about the cases when all monetary markets mosey bust.

First element Kiyosaki does if Bitcoin crashes

Robert Kiyosaki shared that he’s in general requested about what will happen if Bitcoin save collapses. To that the entrepreneur equipped an answer in his tweet, speaking about himself. He mentioned that ought to the field’s flagship cryptocurrency break, he “would be gratified and would aquire extra, once the crashing stops.”

I am most frequently requested “What happens if Bitcoin crashes?” My answer is the identical for Bitcoin, gold, or silver. My answer is “I’d be gratified and I’d aquire extra, once the crashing stops.”

All market crashes are, are resources occurring and “sale” is my favorite four letter note.

— Robert Kiyosaki (@theRealKiyosaki) February 23, 2024

Overall, the investor noted, a market break for him scheme nothing but a good aquire on a determined asset and a upright various to aquire it, as a consequence of this truth his favorite note about market crashes is “sale.” Right here is rarely any longer excellent apt about Bitcoin for him, according to the tweet, but additionally about gold and silver. The final time he predicted Bitcoin will cruise to the $100,000 level by June this yr and he expects the gold save to drop below $1,200 within the near future.

Kiyosaki slams Fed Reserve, naming Bitcoin a upright bet

In about a tweets printed no longer too long within the past, the “Properly off Dad Miserable Dad” author, whom many imagine to be a monetary guru, took a grand dig on the US Federal Reserve Machine. Kiyosaki shared the the clarification why he strongly disliked the Fed with his 2.1 million Twitter followers.

He accused the institution of being a serious issuer-maker for the US economy, in explicit, he wrote that the Fed made the low and heart classes poorer than they had been and criticized the Fed for bailing out the “rich banking chums.” Therefore, Kiyosaki has great extra belief in Bitcoin other than within the Fed Reserve.

Kiyosaki has made a frequent topic of his tweets a grand market break that he expects and he has been tweeting those “break predictions” since 2020. Some of commentators were trolling him for this below his tweets.

Currently, Bitcoin maximalist Max Keiser has began tweeting an identical predictions. He has posted that he expects the stock market to break and Bitcoin to hit $500,000. Bitcoin is currently buying and selling at a diminutive above $51,000.

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