As the crypto market and the price of bitcoin continues to fall since 2021, Robert Kiyosaki believes that the price of bitcoin will explode in the near future.,
Speaking in an exclusive interview with Kitco News, a well-known bitcoin investor and author of the best-selling financial literacy book Rich Dad, Poor Dad believes that despite volatility and the recent price drop, Bitcoin is on its way to pass the industry-set mark in a decade and investors should buy more bitcoin, predicting that its price will rise.
“Every time they lower the price, I’m so happy,” Kiyosaki said in an interview.
The author has previously taken to Twitter to discuss his strategy and paint a picture of BTC price in the near future.
one in Tweet Addressing “winners and losers”, Kiyosaki alleged that successful people learn from their mistakes. As a result, he expects bitcoin, the most popular digital asset, to drop even lower and “waits for bitcoin to test $1,100.”
Gold and silver are being manipulated.
The author weighs bearish risks in gold and silver, accusing JP Morgan of trading open shorts on Comex and clearing silver transactions.
“I suspect gold and silver are being manipulated. JP Morgan was caught manipulating the future of gold and silver, but they are keeping prices low so smart people can buy more of it,” Kiyosaki he said.
His remarks have been backed by metal analysts, who fined JP Morgan for allegedly manipulating metals and manipulating prices in futures markets. Over the past few years, through the literature, the lead author has repeatedly alerted investors to the volatility of cryptocurrencies related to their falling prices, fearing an expected market crash. The panic moment marks one of the worst resets in the industry since Bitcoin fell 80% in 2018.
The economic downturn was triggered by political moves.
The author also reiterated his remarks about the world’s rising debt and geopolitical tensions, which have been key factors in the economic slowdown. He advised governments, particularly the Biden administration, to create institutions and architecture that align and balanced with the power and values of the middle class and the poor. He also reiterated the lessons learned from the effects of the Ukraine-Russian war and the war’s impact on gas prices in the United States.
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