Robert Kiyosaki, author of Rich Dad Poor Dad, remains bullish on Bitcoin and gold, anticipating a “Big Print” that will increase their value.
Robert Kiyosaki, author of Rich Dad Poor Dad, shared his views. He told his 2.8 million followers on X that he is not selling his Bitcoin or Gold. This stance is in spite of the sharp decline in the market. He has staunch faith in these assets.
Kiyosaki Attributes Market Decline to Global Cash Shortage
“The everything bubbles are bursting,” he wrote in a post Saturday. He added that the real reason why the markets are falling is a global shortage of cash. “The cause of all the markets crashing, is because the world is in need of cash,” he reiterated. This analysis is the basis for his investment strategy.
In a follow-up post, Kiyosaki made a fuller commitment to his long-term position. “I will buy more Bitcoins when crash is over,” he said. He reminded followers of the 21 million supply cap of Bitcoin. This scarcity principle is the key to his valuing.
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Recently, Bitcoin fell to $94K due to selling pressure. The Bitcoin Fear & Greed Index is now deep in 16, which indicates “Extreme Fear.” Historically, this has proven to be a great time to buy. The question remains: is this time different? Kiyosaki thinks it is an opportunity.
Kiyosaki blames recent market declines on a global cash crunch. He says that he is buying and not selling. He believes governments will react with massive printing of money. This action, he argues, will in the end increase the value of gold, silver, and cryptocurrencies.
Kiyosaki’s Long-Term Outlook and Investment Philosophy
Kiyosaki is still warning of an impending market crash. He says this crash will wipe out millions. He sees Bitcoin and other assets with limited supply as a hedge against inflation. These include gold, silver. He sees them as protection against the devaluation of fiat currency. This devaluation is due to the printing of money by the government.
He always views downturns in the markets as an opportunity to buy. This applies to “real assets.” He has recently said that he is purchasing more Bitcoin. Kiyosaki has even set a goal of $250,000 for the price of Bitcoin by 2026. This is an ambitious target that shows his strong conviction.
Kiyosaki always stresses that what he has to say is not investment advice. They are an expression of his personal financial situation and his beliefs. His consistent message resonates well with many. It promotes a long-term perspective on wealth conservation. This strategy is an asset focuses on assets he considers “real” in the face of economic uncertainty. His approach is quite contrary to short-term trading strategies.
Kiyosaki’s unwavering faith in Bitcoin and precious metals points to a contrarian investment philosophy. He says that while others are looking for cash, he is setting himself up for the aftermath of a major monetary event. This perspective, though not financial advice, provides a unique perspective on how to navigate the current market turbulence. His exploitation of scarcity and expectation of government response is the foundation of his long-term bullish outlook. This approach continues to generate debate and interest among his vast following.
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