Robert Kiyosaki Warns Bitcoin Could Collapse to $60,000 – Ready to Buy When Price Drops

robot
Abstract generation in progress

The author of the book Rich Dad Poor Dad, Robert Kiyosaki, warns that bitcoin could drop to as low as $60,000, while revealing a strategy to take advantage of the price drop to achieve future profits. Robert Kiyosaki prepares for the Bitcoin crisis worth 60 thousand dollars Famous author Robert Kiyosaki, known for his book Rich Dad Poor Dad, has shared more profound insights into bitcoin, forecasting a potential drop before a long-term price increase. Co-authored with Sharon Lechter, Kiyosaki's best-selling book in 1997 has sold over 32 million copies, translated into 51 languages, and remained on the New York Times Best Seller list for over six years. On Sunday, Kiyosaki warned on social media platform X about the possibility of bitcoin's price collapse. He wrote, "bitcoin will collapse", further explaining: Bitcoin is hovering below $100,000. That means BTC could drop to $60,000. However, he remains optimistic, clarifying: “If and when that happens, I will not sell BTC will be sold. I will buy more.” He also expressed confidence in the long-term potential of bitcoin, predicting that the price will stabilize at around $250,000 in 2025. Emphasizing his strategy, Kiyosaki stressed that buying bitcoin is more important than the timing of the purchase, he wrote: At this stage of the BTC process ... the price is not as important as the amount of BTC you can buy. I want more BTC. His comments came after a previous post calling on investors to buy bitcoin, gold, or silver to hedge against the depreciation of fiat currency. Last week, Kiyosaki asserted that bitcoin could soon surpass the $100,000 mark, warning that not investing early could cause the middle class to fall behind. He wrote, "When bitcoin surpasses $100,000, ONLY extremely wealthy individuals such as corporations, banks, and national investment funds will be able to afford to buy bitcoin without any consequences." This famous author always supports BTC as a barrier against economic instability. In July, he predicted that bitcoin could reach $10 million per coin, citing concerns about the US national debt and the potential depreciation of the dollar. By November, Kiyosaki confirmed the prediction made by Microstrategy CEO Michael Saylor that bitcoin would reach a value of $13 million, reinforcing his belief in BTC's dominance in the global financial system. These forecasts highlight Kiyosaki's long-term bullish stance on bitcoin, seeing it as a hedge against economic recession and currency depreciation.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 1
  • Share
Comment
0/400
Dikdatorvip
· 2024-12-02 07:25
Breaking News. Elon Musk and his team purchased a large amount of XNA and LAI.
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)