The cryptocurrency crash it is already the fifth biggest economic disaster in history, according to Bank of America (BofA). Despite this, the investment guru robert kiyosaki he has recommended to his millions of fans to invest in this digital asset on several occasions. Now, the financial educator predicts that Bitcoin price will drop to $10,000. Despite the scenario, he assures that this does not worry him and, instead, “he is excited”.
The famous author of Rich father poor father He has just released one of his famous financial predictions, this time about the future of Bitcoin (BTC). In a tweet, Kiyosaki explains that the cryptocurrency will plummet further due to the bankruptcy of the exchange FTXwhich erased 94% of the fortune of its founder, the billionaire Sam Bankman-Fried.
The 75-year-old businessman said that he will take advantage of this new slump to buy more tokens. He explained that he is a long-term investor rather than a trader, so he is not concerned with current volatility.
“Bitcoin? Concerned? No. I am a Bitcoin investor as much as I am an investor in physical gold, silver and real estate. I am not a trader or ‘flipper’. When Bitcoin hits a new bottom, $10,000 to $12,000? I will be excited, not worried,” wrote Robert Kiyosaki.
“I bet against the Federal Reserve, the Treasury, Biden, and I bet on gold, silver and Bitcoin“added the writer, reiterating the three investments he most believes in.
Kiyosaki’s predictions are consistent with the projections made by the bank JP Morgan just a week ago. The entity estimates that Bitcoin could reach $13,000.
The expert warns of the collapse of the dollar and recommends seeking “alternative” income
Since August, the investor has said emphatically that “it is time to get rich” with the global crisis, and he remains in his position. In early October, Kiyosaki predicted that the US dollar would plunge into an unprecedented crisis by January 2023. This time he too was very optimistic: he said it would be a great “opportunity” to invest in precious metals and cryptocurrencies.
“Buying opportunity: if the FED [Reserva Federal de Estados Unidos] continues to raise interest rates, the US dollar will strengthen, and the prices of gold, silver, and Bitcoin will fall. Buy more. When the Fed pivots [cambie su estrategia] and lower interest rates like England just did, you’ll smile while everyone else cries. Take care of yourself”, wrote the financial guru on October 2.
A few days later, he reaffirmed his commitment to the three assets, but clarified that these investments should not be trusted alone. He explained that while these can protect assets in the event of an economic collapse, they do not themselves generate income.
Given this, he suggested looking for other sources to earn money, such as a trade or a part-time job. But especially, robert kiyosaki suggested undertaking.
Gold, silver, Bitcoin can protect your WEALTH… but not your INCOME. As the economy collapses, stock markets crash, pensions collapse, and unemployment rises, a workaround can provide you with income. Who knows? Your side job can become the next Amazon or Bitcoin. Take care. Be aware”,
It is not the first time that Robert Kiyosaki has predicted a ‘crash’ for Bitcoin
In May 2021, the author of The Rich Dad Prophecy anticipated the collapse of BTC, although the cryptocurrency was still on the rise.
The biggest bubble in world history is getting bigger. This is the biggest collapse in world history. I will buy more gold and silver. Waiting for Bitcoin to drop to $24,000. The best time to get rich is the crash.”
he wrote on Twitter a year before the cryptocurrency started devaluing.
It seems that Robert Kiyosaki likes May to launch accurate predictions. Curiously, that same month, but in 2022, the BTC debacle accelerated and the expert described it as “great news”. At that time, he predicted that it would touch the 17,000 dollarssomething that today is a reality.
I am waiting for Bitcoin to go down to $20,000. Then I’ll wait for proof of the minimum, which could be $17,000. Once I know the minimum is in, I back off. Accidents are the best moments to get rich.”
predicted last May.
Could it be that we should wait for Bitcoin to drop further to follow in the footsteps of the financial educator? Or do we start buying gold, silver and BTC all at once? Like everything in the world of investments, it is a bet, are you willing to play?
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