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Burton Malkiel called Bitcoin the most bubble asset on the market
The famous American economist Burton Malkiel warned about the risks associated with investing in bitcoins.
I can assure you that if the Bitcoin exchange rate reaches its maximum, it will attract a lot of people who will be afraid of missing out. I'm afraid many will get hurt.
What worries me is that Bitcoin is the most bubbly asset on the market. I have no idea to what level the price of the coin will rise. $100,000? Quite possibly. $200,000? “Why not,” Malkiel said.
Burton treats Bitcoin as an asset suitable only for speculative trading, because the high level of volatility in the coin's price makes it unsuitable for use as a means of payment by honest people. However, to maintain privacy, Bitcoins are used by criminals, such as drug dealers and hackers, who are willing to put up with fluctuations in the price of the cryptocurrency.
#Bitcoin #bitcoin.” #BTC/USDT. #TrendingTopic #news
$BTC
The famous American economist Burton Malkiel warned about the risks associated with investing in bitcoins.
I can assure you that if the Bitcoin exchange rate reaches its maximum, it will attract a lot of people who will be afraid of missing out. I'm afraid many will get hurt.
What worries me is that Bitcoin is the most bubbly asset on the market. I have no idea to what level the price of the coin will rise. $100,000? Quite possibly. $200,000? “Why not,” Malkiel said.
Burton treats Bitcoin as an asset suitable only for speculative trading, because the high level of volatility in the coin's price makes it unsuitable for use as a means of payment by honest people. However, to maintain privacy, Bitcoins are used by criminals, such as drug dealers and hackers, who are willing to put up with fluctuations in the price of the cryptocurrency.
#Bitcoin #bitcoin.” #BTC/USDT. #TrendingTopic #news
$BTC
JUST IN: Rep. Paul Gosar proposed a $500 bill with Trump's face. We're using Monopoly money now. Ditch the funny money. #bitcoin.”
Nothing is more American than privacy, property rights, and a dollar backed by #bitcoin.”
Money without free time is worthless. Free time without money is kinda pointless. Have both. Buy #bitcoin.”
August 14th will be important for the next interest rate decision.
Volatility will be imminent for #bitcoin.”
Volatility will be imminent for #bitcoin.”
Robert Kiyosaki Predicts Billionaire Potential for Bitcoin (BTC): Bold Claims from Financial Guru.
According to the famous author, the upcoming crash will entail significant losses for many people, including “sophisticated” investors. By comparing bonds to what he considers safer assets, namely gold, silver and Bitcoin, Kiyosaki urges investors to re-evaluate their confidence and where they should put their capital.
“As they say in Hawaii: 'Aloha.' It's best to stick to safer real assets like gold, silver and #bitcoin.” Aloha,” Kiyosaki remarked. Last month, #Kiyosaki cited financial analyst Harry Dent's gloomy prediction of an impending "everything" collapse. Dent predicts that the Baby Boomer generation will be greatly affected, with home values falling and the S&P 500 crashing by 80%.
Dent also predicts that #Bitcoin could fall as low as $200 per coin. Meanwhile, Kiyosaki saw this potential decline as an opportunity and expressed enthusiasm to buy Bitcoin at such a low price. He believes that those who have these assets, those who are prepared, will emerge as multi-millionaires or even billionaires.
Whether Dent's predictions come true or not, Kiyosaki reiterated that investing in gold, silver and Bitcoin will be profitable in the long run.
In summary, #Robert Kiyosaki's latest statements are a serious warning to investors about the potential risks associated with bonds. He calls for a shift towards safer assets, namely gold, silver and Bitcoin. As the financial landscape evolves, Kiyosaki's insights offer valuable guidance for those looking to protect their investments.
$BTC
According to the famous author, the upcoming crash will entail significant losses for many people, including “sophisticated” investors. By comparing bonds to what he considers safer assets, namely gold, silver and Bitcoin, Kiyosaki urges investors to re-evaluate their confidence and where they should put their capital.
“As they say in Hawaii: 'Aloha.' It's best to stick to safer real assets like gold, silver and #bitcoin.” Aloha,” Kiyosaki remarked. Last month, #Kiyosaki cited financial analyst Harry Dent's gloomy prediction of an impending "everything" collapse. Dent predicts that the Baby Boomer generation will be greatly affected, with home values falling and the S&P 500 crashing by 80%.
Dent also predicts that #Bitcoin could fall as low as $200 per coin. Meanwhile, Kiyosaki saw this potential decline as an opportunity and expressed enthusiasm to buy Bitcoin at such a low price. He believes that those who have these assets, those who are prepared, will emerge as multi-millionaires or even billionaires.
Whether Dent's predictions come true or not, Kiyosaki reiterated that investing in gold, silver and Bitcoin will be profitable in the long run.
In summary, #Robert Kiyosaki's latest statements are a serious warning to investors about the potential risks associated with bonds. He calls for a shift towards safer assets, namely gold, silver and Bitcoin. As the financial landscape evolves, Kiyosaki's insights offer valuable guidance for those looking to protect their investments.
$BTC
