The well-known author of the very popular book Rich Dad Poor Dad, Robert Kiyosaki, has actually described why he is still bullish about bitcoin. He’s waiting on the cryptocurrency to check a brand-new bottom prior to getting in, which he suggested might be as low as $9K.
Kiyosaki Believes the Price of Bitcoin Could Fall to $9K
The author of Rich Dad Poor Dad, Robert Kiyosaki, is still bullish about bitcoin. He’s awaiting the rate of BTC to check a brand-new bottom prior to getting in.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has actually been on the New York Times Best Seller List for over 6 years. More than 32 million copies of the book have actually been offered in over 51 languages throughout more than 109 nations.
Kiyosaki tweeted Wednesday, “I stay bullish on bitcoin’s future.” He included that he’s awaiting bitcoin to check a brand-new bottom, recommending that it might be $20 K, $14 K, $11 K, and even $9K.
The popular author continued to describe why he’s still bullish about bitcoin. The Federal Reserve and the Treasury Department are corrupt companies and they will self-destruct prior to they gain back sincerity, stability, and ethical compass, Kiyosaki explained.
Last week, Kiyosaki tweeted that he’s awaiting the bottom prior to entering into bitcoin. At the time, he anticipated the bottom to be around $17 K however later on stated that it might even be lower, at $11 K.
This was likewise not the very first time Kiyosaki has actually revealed his suspect towards the Biden administration, the Treasury, and the Fed. The well-known author has actually likewise been suggesting bitcoin to financiers for rather a long time.
In March, Kiyosaki stated the U.S. dollar will implode, blaming President Biden for triggering inflation. He suggested gold, silver, bitcoin ( BTC), ethereum ( ETH), and solana (SOL) as financial investments at the time.
However, Kiyosaki likewise formerly cautioned that crypto is not without its issue. He warned that ultimately, the federal government will take all cryptocurrencies and fold them into a federal government crypto. He stated that the Russia-Ukraine war is “offering increase to crypto as a much safer sanctuary than federal government phony fiat cash.”