Robert Kiyosaki, identified for his advocacy of Bitcoin (BTC), gold, and silver, has revealed that he would purchase extra BTC if the crypto asset’s worth ever drops to $200, as American monetary author Harry Dent predicted.
In a Tuesday tweet, Kiyosaki, the writer of a number of monetary books, together with Wealthy Dad Poor Dad, stated he hopes Dent’s prediction comes true, as such an incidence would produce new multi-millionaires and presumably a number of billionaires.
Bitcoin to $200?
Dent is called the harbinger of monetary and financial recession. Though most of his forecasts have been unsuccessful, he appropriately predicted the 2000 dotcom crash and Japan’s 1989 bubble burst and recession. He instructed Suppose Advisor in October 2023 that the US economic system would expertise “the crash of a lifetime” in 2024, with the inventory market falling 86% on the S&P index.
The controversial analyst stated the crash was two years late and would hit this yr, affecting each sector, together with actual property. Dent additionally insisted that the central financial institution compromising this incoming calamity would solely make the following one even larger and that the most effective haven can be treasury bonds.
In response to Kiyosaki, Dent’s “every thing crash” may see the Child Boomer era change into the most important losers as a result of their properties would lose worth. Regardless, the Wealthy Dad Poor Dad writer intends to amass extra actual property, gold, silver, and BTC, to place himself for extra wealth.
“If Harry is right I’ll merely purchase extra actual property, gold, and silver. If Bitcoin drops to $200 per coin I’ll purchase as many cash as I can. If Harry is correct; those that are ready will quickly be multi-millionaires and presumably a number of new billionaires. I hope Harry Dent is correct. Even when he isn’t, those that are holding gold, silver, and Bitcoin can be richer,” Kiyosaki acknowledged.
Kiyosaki Nonetheless Prefers Bitcoin
The Bitcoin proponent additional reiterated his claims that the greenback is faux cash, gold and silver are God’s cash, whereas BTC is the individuals’s cash.
Whereas Kiyosaki urges individuals by no means to relent in buying gold and silver, he nonetheless prefers BTC to treasured metals due to the asset’s capped provide of 21 million. He deemed BTC superior to different belongings as its restricted provide offers it a bonus.
LIMITED OFFER 2024 for CryptoPotato readers at Bybit: Use this hyperlink to register and open a $500 BTC-USDT place on Bybit Trade without spending a dime!
