Famous investor interprets Bitcoin decline as great news!!
Famous investor Robert Kiyosaki evaluated the sharp decline in Bitcoin price as an opportunity.
Bitcoin fell from $ 102,000 to $ 95,500 this week and then stabilized around $ 96,000. However, this is not a concern for Kiyosaki; on the contrary, he described this price decline as a buying opportunity by saying “Bitcoin is on sale”.
Kiyosaki described Bitcoin’s decline as “great news” in a post he shared on the social media platform X. The famous investor stated that buying and holding Bitcoin at a low price (“HODL”) is important for his strategy to make a profit in the long term. He also drew attention to Bitcoin’s limited supply, reminding that there are only 2 million Bitcoins left to be mined.
The biggest collapse in history: Kiyosaki’s warnings
Kiyosaki drew a pessimistic picture not only about Bitcoin but also about the general economic situation. The famous investor claimed that “the biggest stock market crash in history” was happening. He based this prediction on the money printing policies that have been going on since the 2008 financial crisis. He reminded us that during that time, US Federal Reserve Chairman Ben Bernanke paid billions of dollars in bonuses to bankers, while ordinary people lost their jobs, homes and savings.
Kiyosaki predicts that the Bitcoin price could reach $350,000 or at least $175,000 by 2025. This prediction is supported by Bitcoin’s limited supply and increasing institutional adoption rate. He reminds investors that they should take bold steps during downturns and evaluate long-term opportunities.
My expectation of a major correction in January still continues. It is a must to always have some cash on hand.It's not going to be an easy year.
