Best-selling author Robert Kiyosaki has revealed that he increased his Bitcoin $96,509 purchases during the recent price correction, warning that those who have sold may regret their decision. He emphasized that investors should remain vigilant due to the volatility observed in the Bitcoin market.
Kiyosaki’s Investment Strategy
Kiyosaki predicts that Bitcoin could serve as a tool to address financial issues, particularly during Donald Trump’s presidency. According to him, demand for Bitcoin may surge with Trump’s intervention, potentially leading to market gains. Earlier in January, he had foretold the largest stock market crash in history, asserting that Bitcoin would gain value during that period.
Critiques of the Financial System
Additionally, Kiyosaki reacted to critics labeling Bitcoin as a fraud, arguing that the US Dollar and banking system may harbor far more significant problems. He expressed serious concerns regarding the sustainability of the current financial system. He recommends that potential investors consider valuable assets such as gold, silver, and Bitcoin.
“Those who sold Bitcoin in the last correction are the losers. The President understands the power of Bitcoin. While Bitcoin is not a fraud, the US Dollar and banking system face much larger issues. The risk of a financial system collapse must be taken seriously.” – Kiyosaki
In his statements, Kiyosaki offered insights into the future of the market while critiquing the existing system. He noted that the current Bitcoin price hovers around $90,000.
Investors need to be cautious about market movements and closely monitor the risks associated with the financial system. His predictions can be seen as warnings against possible market shifts.