Famous author Robert Kiyosaki has a respected position among crypto investors. Kiyosaki, Bitcoin $65,645 and gained the support of many by turning to other scarce assets. The famous financier, whose book Rich Dad Poor Dad has been read by millions around the world, does not consider assets other than Bitcoin, gold and silver as real money. He believes that in the long run, none other than these three will survive.
Risk of Big Drop in Bitcoin
Kiyosaki predicts that Bitcoin may experience a major decline in the near future. Focusing on the biggest collapse of the financial markets in recent weeks, Kiyosaki stated that the price of Bitcoin will drop to 5 thousand dollars. This prediction had a wide impact in the crypto asset market.
“Friends said my previous Tweet was confusing. I am sorry. Please read my previous Tweet and this Tweet, maybe I can be more meaningful… Here I go. In 2008, GFC, the Great Financial Crisis, occurred. The culprits at the Fed and the Treasury are GFD so…. They began printing trillions of fake dollars in an attempt to stop the Global “F-ing” Depression.
Simply put, the criminals at the Fed and Treasury were bailing out their ultra-rich friends and throwing the rest of us “under the bus.” The 2008 GFC turned into the “Everything Bubble”. All markets are rising…. He started swimming in the sea of fake money. In my previous Tweet…. What I am trying to say is that the “Everything Bubble” will turn into the “Everything Crash”. Simply put, “Everything will crash, including gold, silver, and Bitcoin. The bubble will explode into a “top explosion,” like Mount Vesuvius blowing up.
After everything collapsed…. After following the bubble of everything…. Those who are prepared will be truly rich… I plan to be one of those who are prepared… I plan to become even richer…. And I want you to be rich too.
Take Bitcoin for example… It could drop to $5000…. then it can rise to $100,000 to $250,000 and above.
Frankly, I will buy all the Bitcoins and other assets I can at affordable prices.”
According to Kiyosaki, this Great Financial Crisis will affect all types of assets and lead to a situation called ‘Everything Crash’. Assets such as Bitcoin, Gold and Silver will suffer from this collapse and their market value will decrease significantly.
Robert Kiyosaki: “Keeping It Simple… previous Tweet ‘The best time to be rich is coming again.’ “I was saying.”
Opportunities for Investors
Kiyosaki states that ‘Everything Crash’ offers an opportunity for enrichment. He states that investors who are prepared can profit from this process. However, he adds that investors should be careful considering the volatile nature of the crypto market.
The fact that the Bitcoin price has not fallen to such low levels since 2019 makes Kiyosaki’s prediction questionable. However, the support of figures such as Donald Trump and Kamala Harris for the crypto market could positively impact developments in the sector. Market demand may remain stable and provide buying opportunities for investors.
While the timing of Kiyosaki’s predictions is uncertain, crypto investors can benefit from the current market situation. Being prepared for fluctuations that may occur throughout the market stands out as an important strategy for investors.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.