Crisis Oracle Surprised: Bitcoin Crash Is ‘Great News’!
#RobertKiyosaki , author of the book ‘Rich Dad Poor Dad’, is no stranger to making bold financial predictions. His latest comment on Bitcoin’s decline is no exception. Kiyosaki drew attention in a post he shared on X (formerly Twitter) on January 8. He pointed to Bitcoin’s recent drop below $100,000, falling to $95,000. He did not describe the largest cryptocurrency’s subsequent stabilization at $96,000 as a cause for concern. Rather, he viewed it as a rare buying opportunity.
While most investors were biting their nails in anxiety, Kiyosaki had already started filling his shopping cart. Considering that only 21 million coins exist so far and less than 2 million will be mined, each drop in price reinforces his belief that demand will one day collide with decreasing supply. The author’s response was quite blunt, as he took to X to make his stance clear: “Bitcoin is crashing. Great news. I’m continuing to buy Bitcoin because Bitcoin’s decline means Bitcoin is on sale. Remember, ‘Buy low… and HODL.’ Less than 2 million more Bitcoins will be mined.”
This approach is not new to Kiyosaki. He has consistently said that he sees Bitcoin as a hedge against inflation. He has also positioned the leading crypto as a hedge against economic instability. This sentiment has been further intensified by his broader economic outlook. The financial guru didn’t stop with Bitcoin. He had previously shared a dire prediction about the global economy, stating that “the biggest stock market crash in history” was already happening. His message was clear: prepare for prices to plummet around the world. Kiyosaki said: “Please be smart, keep your eyes and ears open. Many expensive assets like houses, gold, silver, and Bitcoin will go on sale. I will buy more real assets with fake US dollars.”
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