Loading cryptocurrency prices...

Robert Kiyosaki Holds Bitcoin, Predicts More Buying Post-Crash

  • Robert Kiyosaki holds on to his Bitcoin and Gold amid market downturn, citing a global cash shortage.
  • Kiyosaki anticipates massive money printing, which he calls “The Big Print,” to increase the value of gold, silver, Bitcoin, and Ethereum.
  • He plans to buy more Bitcoin after the crash ends, highlighting Bitcoin’s limited 21 million supply.
  • The Bitcoin Fear and Greed Index has dropped to 16, entering “Extreme Fear” territory, often seen as a buying opportunity.
  • Santiment warns that growing confidence in Bitcoin’s bottom may precede further price declines.

Robert Kiyosaki, author of Rich Dad Poor Dad, addressed his 2.8 million followers on X about his investment strategy during recent market declines. He confirmed he is not selling his Bitcoin or gold despite sharp drops, attributing the market crashes to a global shortage of cash. According to Kiyosaki’s post, “The everything bubbles are bursting” and “The cause of all markets crashing is the world is in need of cash.”

- Advertisement -

Kiyosaki referenced a theory called “The Big Print,” inspired by Lawrence Lepard’s idea that governments will respond to mounting debts by dramatically increasing money supply. He stated that this will ultimately make assets like gold, silver, Bitcoin, and Ethereum more valuable as fiat currencies weaken. He suggested that those needing liquidity should consider selling some holdings, noting that selling often results from urgent cash needs, not loss of confidence.

In a follow-up post, Kiyosaki reiterated his long-term bullish stance on Bitcoin. He said, “I will buy more Bitcoin when crash is over,” and emphasized Bitcoin’s fixed cap of 21 million coins. He also promoted forming “Cashflow Clubs” based on his board game for shared learning.

Separately, crypto influencer Mister Crypto pointed out that the Bitcoin Fear and Greed Index has plummeted to 16, marking an “Extreme Fear” level that historically signals potential buying zones, as seen in this tweet.

Meanwhile, data from analytics firm Santiment cautions traders against assuming Bitcoin has hit the bottom. Following Bitcoin’s brief dip below $95,000, social media showed many declaring the worst was over. Santiment highlighted that widespread belief in a floor often precedes further declines, reflecting that market lows typically form when most expect prices to fall more rather than rebound.

- Advertisement -

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Zcash Proposes Dynamic Fee Market to Tackle Rising Transaction Costs

A developer for ZCash proposed a new dynamic fee market to replace the current...

JPMorgan’s Dimon Embraces Blockchain, Shifts Crypto View

JPMorgan CEO Jamie Dimon has revised his position on cryptocurrency and blockchain technology.Dimon now...

San Jose Widow Loses $1M in Crypto Romance Scam Warned by ChatGPT

A San Jose widow lost nearly $1 million in a crypto fake investment scam...

OCC Head: Crypto Banks Should Get Same Federal Charter as Others

Jonathan Gould of the Office of the Comptroller of the Currency (OCC) states crypto...

Tether Joins €70M Boost for Italian Humanoid Robot Startup

Tether invested in Italian humanoid robotics startup Generative Bionics during a €70 million (approximately...
- Advertisement -

Must Read

5 Best Crypto Jobs Sites To Land Your Next Six Figure Job

The cryptocurrency and blockchain job market has exploded. With new blockchain start-ups and projects being founded at a blistering pace, the demand for workers...