Kiyosaki Buys Bitcoin Dip
Kiyosaki Doubles Down on Bitcoin Amidst Market Crash
Robert Kiyosaki, author of "Rich Dad Poor Dad," has declared Bitcoin is "on sale" and is actively buying more amidst recent price declines. This bullish stance comes as the crypto market experiences extreme fear, with the Crypto Fear & Greed Index plummeting to 10—its lowest since the Terra (LUNA) collapse in June 2022.
Key Takeaways
- Robert Kiyosaki is purchasing more Bitcoin following recent price drops.
- He forecasts Bitcoin could reach $350,000 by 2025 due to economic concerns.
Kiyosaki attributes his optimistic outlook to the significant US debt burden, which he estimates exceeds $230 trillion when considering social programs and bonds. He views Bitcoin as a safer haven compared to traditional fiat currencies, criticizing what he terms "criminal bankers" within the current monetary system.
His bullish prediction stems from concerns about potential economic instability and inflation risks if major economies like Japan and China decrease their US bond holdings. This sentiment is echoed by Michael Saylor, who recently tweeted about considering a second job to acquire more Bitcoin.
Bitcoin recently dipped below $83,000, with Solana and XRP also experiencing substantial losses. This market downturn has fueled Kiyosaki’s decision to increase his Bitcoin holdings. Previously, in January, Kiyosaki predicted Bitcoin could reach $175,000–$350,000 by the end of 2025.
Note: Investing in cryptocurrencies carries significant risk. This article does not constitute financial advice. Always conduct thorough research before making investment decisions.
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