2024-02-25 12:45:43
The author of the bestselling book “Rich Dad Poor Dad” and entrepreneur Robert Kiyosaki said what he plans to do if the price of the first cryptocurrency falls.
I am often asked “What happens if Bitcoin crashes?” My reply is the same for Bitcoin, gold, or silver. My reply is “I would be happy and I would buy more, once the crashing stops.”
All market crashes are, are assets going on and “sale” is my favorite four letter word.
— Robert Kiyosaki (@theRealKiyosaki) February 23, 2024
“I am often asked: “What will happen if Bitcoin falls?” My answer is the same for Bitcoin, gold and silver: “I will be happy and buy more as soon as the crash stops,” he wrote.
The investor added that “sale” is his favorite four-letter word.
Earlier, Kiyosaki predicted that Bitcoin prices would rise to $100,000 by June 2024.
BITCOIN to $100k by June 2024.
— Robert Kiyosaki (@theRealKiyosaki) February 18, 2024
This is not the first time Kiyosaki has encouraged subscribers to choose alternative investment options. In September 2022, he predicted “the greatest crash in history,” and in October, he recommended buying the first cryptocurrency and other digital assets once morest the backdrop of rising Fed rates.
In February 2023, the entrepreneur predicted Bitcoin would rise to $500,000 by 2025 and called it the best insurance in unstable times, but warned regarding the volatility of the asset.
Recall that in March, Kiyosaki called for buying digital gold and precious metals before an “emergency landing” amid problems with American banks. The entrepreneur repeated his recommendations in April and May.
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