Tuesday, July 27, 2021
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“Get more Bitcoin,” says Rich Dad author warning of ‘biggest crash in history’

American businessman and best-selling creator Robert Kiyosaki is selecting Bitcoin alongside valuable metals gold and silver as a hedge in opposition to all the things else, he mentioned in a tweet in the present day.

The controversial ‘Rich Dad, Poor Dad’ creator, whose guide has offered almost 32 million copies since its 2002 launch, has beforehand voiced views in opposition to the macroeconomy and is a long-time crypto proponent.

However he now says a world crash of epic proportions is coming. “The perfect time to organize for a crash is earlier than the crash. The most important crash in world historical past is coming. The excellent news is the perfect time to get wealthy is throughout a crash, he tweeted, including:

“Dangerous information is the following crash will likely be a protracted one. Get extra gold, silver, and Bitcoin when you can.  Take care.”

Bitcoin to as little as $24,000 earlier than one million?

Kiyosaki mentioned earlier this month that he anticipated Bitcoin to fall as little as $24,000. “Greatest bubble in world historical past getting larger,” he tweeted on June 19, claiming he was already shopping for gold and solver and was ready on decrease Bitcoin costs.

The sentiment is much like one shared by Guggenheim Companions CIO Scott Minerd, who called for a 40% drop in Bitcoin prices in Might 2021. The asset traded at almost $65,000 at its peak, however has since fallen to as little as $28,000 prior to now few days.

In the meantime, ‘Wealthy Dad’ creator Kiyosaki stays a long-term Bitcoin bull and is among the many people to have made a boisterous goal for Bitcoin. 

In an interview with information channel Kitco earlier this yr, Kiyosaki predicted as a lot as a $1.2 million worth goal for the world’s largest cryptocurrency.

“I believe it’s going to $1.2 million in 5 extra years,” he mentioned on the time, claiming to have bought Bitcoin at $9,000 and searching ‘like a genius’ when the asset reached $55,000 (the worth of BTC on the time of the interview).

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