Rich Dad Poor Dad author reveals what he would do if Bitcoin (BTC) experienced a market crash
The author of the financial bestseller “Rich Dad Poor Dad” reveals what steps he would take if Bitcoin (BTC) suffered a massive market crash.
Financial author Robert Kiyosaki shares with his 2.5 million followers on the social media platform
According to Kiyosaki, a crash in the crypto king or other assets like gold and silver would see it as a fire sale and an opportunity to gobble up even more.
“I'm often asked, 'What happens if Bitcoin crashes?' My answer is the same for Bitcoin, Gold or Silver. My answer is, “I would be happy and buy more once the crash stops.” In all market crashes, assets are “sold.” [which] is my favorite four-letter word.”
In early February, Kiyosaki predicted that Bitcoin would reach a six-figure price by June, while expressing concern about demand for U.S. bonds as the national debt sits well above $34 trillion.
Last month, Kyosaki revealed that he owns 66 Bitcoin, which he believes will be a large source of wealth for him in the future as capital comes from BTC exchange-traded funds (ETFs) approved by the US Securities and Exchange Commission (SEC). and Exchange Commission) earlier this year – will flow into the flagship digital asset.
Bitcoin is trading for $51,736 at the time of writing, up 1.57% in the last 24 hours.
Don't miss a thing – Subscribe to receive email alerts straight to your inbox
Check price action
Follow us on Twitter, Facebook and Telegram
Surf the Daily Hodl Mix
Check out the latest headlines
 
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct their due diligence before making any risky investments in Bitcoin, cryptocurrencies or digital assets. Please note that your transfers and transactions are at your own risk and any losses you incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl is involved in affiliate marketing.
Generated image: DALLE3
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.