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Thursday, February 6, 2025
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    HomeFinance'Wealthy Dad, Poor Dad' Writer Is 'So Bullish' on Bitcoin Amid 'Big...

    'Wealthy Dad, Poor Dad' Writer Is 'So Bullish' on Bitcoin Amid 'Big Market Crash Right here'

    U.At this time – Robert Kiyosaki, famend investor and entrepreneur and creator of the favored basic finance ebook “Wealthy Dad Poor Dad”, introduced large information in his X article right now.

    Kiyosaki believes a “large market crash” has arrived, however he stays optimistic in regards to the market's improvement.

    Kiyosaki 'So Bullish on Bitcoin' as 'Big Market Crash' Coming

    Kiyosaki shocked the neighborhood by declaring that the markets have been experiencing a “large crash.” His rationalization for this case is that the Federal Reserve, Treasury, banks and Wall Avenue proceed to print cash, which “solely makes issues worse.”

    He stated that when the aforementioned entities print “pretend cash”, the wealthy, who personal “actual belongings”, solely improve their wealth, whereas those that save freshly printed “pretend cash” 'have gotten poorer due to inflation and taxes.'

    It’s exactly for that reason that Kiyosaki stated he stays “so bullish” not solely on Bitcoin, but in addition on gold and silver – he sees all of them as protected havens on which to take a position. assist throughout tough occasions for the markets and the economic system. “Save Bitcoin,” he tweeted.

    Kiyosaki began citing the rationale why the US authorities printed US {dollars} for big future Bitcoin progress in 2020 when the pandemic hit the world. The US, together with different main international locations, started supporting households and companies with monetary support. Households acquired “survival checks” of $1,200.

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    Bitcoin at $350,000 in 2025, by Kiyosaki

    In December 2024, Robert Kiyosaki shocked the neighborhood by stating that he anticipated the world's largest cryptocurrency, Bitcoin, to succeed in $350,000 in 2025. Since then, he has made the identical prediction twice, doubling.

    In a tweet this week, already in 2025, the monetary knowledgeable barely adjusted his forecast, sharing that he expects Bitcoin to climb to a minimal of $175,000 and will then prolong the rise to the extent of aforementioned value of $350,000.

    The creator of 'Wealthy Dad Poor Dad' is betting on the newly elected US chief who promised the US would undertake Bitcoin and different cryptocurrencies and create a strategic Bitcoin reserve, shopping for BTC over the subsequent 4 years of his presidency.

    This prediction got here because the Bitcoin neighborhood celebrates the sixteenth anniversary of the mining of the Bitcoin Genesis block. The mysterious Satoshi Nakamoto launched Bitcoin by mining the primary block on January 3, 2009.

    This text was initially revealed on U.At this time

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