The author of the best-selling financial book Rich Dad Poor Dad reveals what steps he would take if Bitcoin (BTC) suffered a massive market crash.
Finance author Robert Kiyosaki tells his 2.5 million followers on the social media platform
According to Kiyosaki, if the crypto king or other assets like gold and silver were to crash, he would view it as a sell-off and an opportunity to gobble up more.
“I often get asked: ‘What happens if Bitcoin crashes?’ My answer is the same for Bitcoin, gold or silver. My answer is, “I’d be happy and buy more as soon as the crashing stops.” All market crashes are assets going for sale [which] is my favorite four-letter word.”
Earlier in February, Kiyosaki predicted Bitcoin would reach a six-figure price tag by June, while expressing concerns about demand for US bonds, with the national debt well above $34 trillion.
Last month, Kyosaki revealed that he owns 66 Bitcoin, which he believes will be a major source of wealth for him in the future as capital from BTC Exchange-Traded Funds (ETFs) – which are approved by the US Securities and Exchange Commission ( SEC). ) earlier this year – power to the flagship digital asset.
Bitcoin is trading at $51,736 at the time of writing, up 1.57% in the past 24 hours.
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