'Rich Dad' Kiyosaki: "Hoping Bitcoin crashes... I want to buy more"

Source
Minseung Kang

Summary

  • Robert Kiyosaki expressed his intention to make additional purchases, hoping for a Bitcoin price crash.
  • He criticized those warning of a Bitcoin decline as nothing more than clickbait chasers.
  • Kiyosaki considers Bitcoin a hedge against inflation and predicts it will rise to $1,000,000.

Robert Kiyosaki, author of the global bestseller 'Rich Dad Poor Dad,' expressed his intention to purchase more Bitcoin (BTC), stating that he hopes for a crash in prices.

According to U.Today, a leading cryptocurrency news outlet, on the 5th (local time), Kiyosaki stated via X (formerly Twitter), "I hope Bitcoin crashes. That way, I can buy more." He criticized, "Those warning about Bitcoin's decline are just clickbait losers trying to scare speculators."

Previously, Kiyosaki had repeatedly warned that the purchasing power of the US dollar is rapidly weakening and that quantitative easing policies by central banks worldwide will ultimately fuel inflation. He is a prominent figure who sees Bitcoin as a 'hedge asset' against these risks.

He predicts that in the long term, the price of Bitcoin will rise to $1,000,000.

As of 16:10 on this day, Bitcoin was trading at $108,090 on the Binance USDT market, down 0.66% from the previous day.

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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