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Robert Kiyosaki, famous top investor, financial management educator and author of the book “Rich Dad Poor Dad”, took to social media platform X (formerly known as Twitter) to share another important message related to Bitcoin.
This time, financial expert Kiyosaki referred to the prediction of economist and financial writer Harry Dent, who expects the biggest crash ever to occur soon. Additionally, Kiyosaki shared the actions he would take if Bitcoin returned to the $200 level – in line with Dent's predictions.
Bitcoin to drop to $200, Dent predicts, here's Kiyosaki's comment
Renowned author of “Rich Dad Poor Dad” and other asset management books that followed Kiyosaki cited a recent prediction by prominent economist and book author Harry Dent. In his view, Kiyosaki said, “the biggest crash of all” is coming and “the baby boom generation” will suffer the greatest losses as the value of their personal real estate (homes) plummets.
According to Dent, the S&P will collapse by 80% and the world's flagship cryptocurrency, Bitcoin, will collapse back to the $200 price level, where it was last seen in 2013.
Robert Kiyosaki tweeted that if Dent's ominous predictions came true, he would simply buy more real estate, gold and silver. If Bitcoin does indeed go back down to $200, the writer said, “I will buy as many coins as I can. »
“Those who hold Bitcoin will be richer”
If Harry Dent's prediction mentioned above comes true, “those who are ready will soon be multi-millionaires and maybe a few new billionaires,” Kiyosaki said. Even if this doesn't happen or happens to a different degree, Robert continues, investors who hold gold, silver and Bitcoin will increase their wealth.
He then reminded his audience (2.1 million followers on Twitter/X) that “gold and silver are God’s money. Bitcoin is the people's money and the dollar is fake money.
As U.Today reported earlier, Kiyosaki tweeted that he plans to get his hands on 10 more Bitcoins before April – the month when the fourth BTC halving is expected this year. He also admitted that BTC might be a scam, but that doesn't matter to him because if that's the case, Bitcoin is no more a scam than any of the world's fiat currencies.