Robert Kiyosaki, author of 'Rich Dad Poor Dad,' has expressed his view on the potential drop of Bitcoin's price to $90,000 this month. He sees this as a chance to increase his assets.
Kiyosaki's Predictions on Bitcoin
Kiyosaki discussed the so-called 'August dip', a period when Bitcoin traditionally underperforms. He believes it will be an opportunity to 'double his position'. 'The problem is not bitcoin, but our multi-trillion-dollar debt and the incompetent leaders managing the economy,' Kiyosaki stated.
Critique of Traditional Assets
He criticized traditional assets such as bonds, claiming they are not safe during market crashes. Kiyosaki suggests considering alternative assets like gold, silver, Bitcoin, and even oil and cattle as more reliable during crises.
Bitcoin as Easy Wealth
Kiyosaki labeled Bitcoin as the 'easiest millions' he has ever made. He asserts that a small early investment in Bitcoin has brought him millions, believing anyone can become a millionaire simply by investing in this cryptocurrency.
Robert Kiyosaki sees significant opportunities in cryptocurrency, particularly Bitcoin, for growth and capital protection. Despite his skepticism toward traditional investments, he remains optimistic about the future of crypto assets.
