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    Home»Bitcoin»'Wealthy Dad Poor Dad' Writer ‘So Bullish’ on Bitcoin As ‘Large Market Crash Right here’
    'Wealthy Dad Poor Dad' Writer ‘So Bullish’ on Bitcoin As ‘Large Market Crash Right here’
    Bitcoin

    'Wealthy Dad Poor Dad' Writer ‘So Bullish’ on Bitcoin As ‘Large Market Crash Right here’

    By Crypto EditorJanuary 4, 2025No Comments3 Mins Read
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    'Wealthy Dad Poor Dad' Writer ‘So Bullish’ on Bitcoin As ‘Large Market Crash Right here’

    Cowl picture by way of U.At the moment

    Disclaimer: The opinions expressed by our writers are their very own and don’t signify the views of U.At the moment. The monetary and market info supplied on U.At the moment is meant for informational functions solely. U.At the moment isn’t accountable for any monetary losses incurred whereas buying and selling cryptocurrencies. Conduct your personal analysis by contacting monetary consultants earlier than making any funding selections. We imagine that each one content material is correct as of the date of publication, however sure affords talked about could now not be out there.

    Robert Kiyosaki, a famend investor, entrepreneur, and the creator of the favored traditional e book on funds “Wealthy Dad Poor Dad”, has delivered huge information in his at the moment’s X submit.

    Kiyosaki believes {that a} “large market crash” has arrived however he stays bullish on Bitcoin.

    Kiyosaki “so bullish on Bitcoin” as “large market crash” arrives

    Kiyosaki shocked the neighborhood with a press release that the markets are experiencing a “large crash”. His clarification for this case is that the Fed Reserve, Treasury, banks, and Wall Road proceed to print cash and this “makes issues worse.”

    He acknowledged that when the aforementioned entities print “pretend cash”, the wealthy, who personal “actual belongings” solely enhance their wealth, whereas those that save fresh-printed “pretend cash” “get poorer because of inflation and taxes.”

    GIANT MARKET CRASH right here.
    Q: How can I be so bullish on gold, silver, and Bitcoin?
    A: As a result of the idiots working the Fed, Treasury, Banks, and Wall Strret solely know how one can print cash, which makes issues worse.

    FYI: When pretend cash is printed the wealthy, who personal actual belongings get…

    — Robert Kiyosaki (@theRealKiyosaki) January 3, 2025

    For this very cause, Kiyosaki mentioned that he stays “so bullish” however not solely on Bitcoin, but in addition on gold and silver – he considers all of them to be safe-haven belongings to depend on throughout troublesome instances for markets and the economic system. “Save Bitcoin,” he tweeted.

    Kiyosaki first started to quote the rationale the US authorities printed US {dollars} for enormous Bitcoin development sooner or later again in 2020, when the pandemic struck the world. The US, together with different giant international locations, started supporting households and companies by issuing monetary help. Households obtained “survival checks” of $1,200.

    Associated

    'Rich Dad Poor Dad' Author Says Bitcoin Made Him 'Very Rich' and Will Make Even Richer

    Bitcoin to $350,000 in 2025, per Kiyosaki

    In December 2024, Robert Kiyosaki astounded the neighborhood by saying that he expects the world’s largest crypto, Bitcoin, so skyrocket to $350,000 in 2025. Since then, he has twice made the identical prediction, doubling down on it.

    In a tweet this week, already in 2025, the monetary professional barely adjusted his prediction, sharing that he expects Bitcoin to soar to a minimal of $175,000 and should after that stretch the surge to the aforementioned $350,000 value degree.

    MY PRICE PREDICTION
    for BITCOIN 2025:

    $175,000 to $350,000

    Pleased New Yr

    — Robert Kiyosaki (@theRealKiyosaki) January 2, 2025

    The “Wealthy Dad Poor Dad” creator is betting on the newly elected US chief who promised that the US will embrace Bitcoin and different cryptocurrencies and can create a strategic Bitcoin reserve, shopping for BTC over the following 4 years of his presidency.

    That prediction got here because the Bitcoin neighborhood celebrates a 16-year anniversary of mining the Bitcoin Genesis block. The mysterious Satoshi Nakamoto launched Bitcoin by mining the primary block on January 3, 2009.





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