The writer of the best-selling finance e-book Wealthy Dad Poor Dad is revealing what strikes he would make if Bitcoin (BTC) suffered a large market crash.
Finance writer Robert Kiyosaki tells his 2.5 million followers on the social media platform X that if the highest crypto asset by market cap have been to crash, he’d wait till it stabilizes earlier than accumulating extra BTC.
In accordance with Kiyosaki, if the crypto king or different belongings similar to gold and silver have been to crash, he’d view it as a fireplace sale and a chance to gobble up extra.
“I’m usually requested ‘What occurs if Bitcoin crashes?’ My reply is similar for Bitcoin, gold, or silver. My reply is ‘I’d be glad and I’d purchase extra, as soon as the crashing stops.’ All market crashes are belongings happening ‘sale,’ [which] is my favourite four-letter phrase.”
Earlier in February, Kiyosaki predicted that Bitcoin would hit a six-figure price ticket by June whereas expressing concern concerning the demand for US bonds with the nationwide debt standing effectively above $34 trillion.
Final month, Kyosaki revealed that he owns 66 Bitcoin, which he believes will likely be an amazing supply of wealth for him sooner or later as capital from BTC exchange-traded funds (ETFs) – which have been authorized by the U.S. Securities and Change Fee (SEC) earlier this 12 months – move into the flagship digital asset.
Bitcoin is buying and selling for $51,736 at time of writing, a 1.57% enhance within the final 24 hours.
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