Robert Kiyosaki, author of “Rich Dad, Poor Dad” and famous Bitcoin investor, current forecast for Bitcoin as the drop from the FTX crash continues announced.
The famous multi-millionaire first said that he is a long-term BTC investor rather than a trader. Kiyosaki added that if the crypto king faces another dramatic drop, he will be excited rather than worried. The famous investor also stated that he is betting on Bitcoin, gold and silver against the Federal Reserve, the US Treasury and the current administration. As for the price target, Kiyosaki believes that a new low has come for Bitcoin and it could drop as low as $10,000.
BITCOIN? WORRIED? no. I am a Bitcoin investor as I am an investor in physical gold, silver, & real estate. I am NOT A TRADER or flipper. When BITCOIN hits new bottom, $10 to $12 k? I will get EXCITED, not worried. I bet against the Fed,Treasury, Biden, & bet on G,S, & Bitcoin.
— therealkiyosaki (@theRealKiyosaki) November 11, 2022
Last month, Kiyosaki issued a dire economic warning, saying that a major financial collapse was imminent. In response, he said the only way for investors to protect their wealth is to invest in gold, silver and BTC. He also advised investors to find alternative sources of income.
“Gold, silver, Bitcoin can protect your WEALTH but not your INCOME. As the economy collapses, stock markets go bust, pensions fall and unemployment rises, a JOB can provide you with income. Who knows? Your side business could turn into the next Amazon or Bitcoin. Take care of yourself. Be aware.”
Bitcoin is trading at $16,800 at the time of writing, with the leading crypto down 2.89% in the last 24 hours, about 20% behind a seven-day high of $21,417.
Kiyosaki and Bitcoin
Koinfinans.com As we have previously reported, Robert Kiyosaki regularly shares his views on Bitcoin, especially in recent months. He stated that he had traded Bitcoin before but did not believe in its value. He expressed interest in investing long-term in cryptocurrencies once Bitcoin drops to $1,100.
The famous writer also has a remarkable career. In 2013, a class action lawsuit was filed against him by dissatisfied people after attending his paid seminars. The once best-selling author filed for bankruptcy in 2012 through one of his companies, Rich Global LLC.
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.