Robert Kiyosaki is waiting for the perfect Bitcoin dip while betting big on silver

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Robert Kiyosaki, the guy who wrote Rich Dad Poor Dad, is back at it, sounding the alarm on fiat money and bonds. Again.

The man’s been saying for years that government-issued money is a ticking time bomb, and now, with U.S. debt is past $37 trillion, he’s doubling down on that warning.

Hold

On June 23, Kiyosaki didn’t mince words, and said savers holding onto fiat currency and bonds?

They’re the ones who’ll get clobbered when this massive global debt bubble finally bursts. He calls it the biggest debt bubble in history, and he’s probably right.

The rising deficits and endless borrowing are shaking faith in fiat systems worldwide. His blunt advice? Dump the fake money and bonds before they drag you down.

Instead, Kiyosaki’s got his eyes on the real heavy hitters, Bitcoin, gold, and silver. But while he’s bullish on Bitcoin and gold in the long run, he’s not buying them right now.

Why? Because both are high at the moment. He’s waiting for prices to drop before loading up. Silver, on the other hand, is where he sees real value today.

It’s like waiting for the perfect pitch in a baseball game, don’t swing too early or you’ll miss the homerun.

Fundamentals

Kiyosaki’s message is clear, move away from fiat and bonds and into assets with limited supply and real-world use.

It’s a classic play to protect your wealth from inflation and the looming debt crisis. And for those who believe in Bitcoin’s future, he’s still calling it the future of money, urging steady accumulation despite short-term bumps.

Remember, he’s not alone. Big institutional players like Michael Saylor are also predicting Bitcoin could hit $200,000 by the end of 2025.

Kiyosaki even dreams bigger, forecasting Bitcoin could reach $1 million by 2030. That’s some serious faith in the crypto game.

Chances

Now, Bitcoin’s price has been doing a little dance, dropping just below $99,000 before bouncing back above $101,000.

But some analysts are waving caution flags. Bitcoinsensus spotted a bearish divergence on the weekly chart, where Bitcoin’s price makes higher highs but the RSI momentum indicator makes lower highs.

This pattern showed up before the 2021 peak and hinted at a potential correction.

So, what’s the play? If history repeats, Bitcoin might take a breather before the next big move.

But for Kiyosaki and his followers, these dips are just chances to buy more and hold tight.


Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

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