Robert Kiyosaki, the author of the bestselling personal finance book "Rich Dad, Poor Dad," has recently shared his forward-looking reflections on Bitcoin. He is not afraid of its potential collapse or a possible fall in the US dollar but urges to carefully assess and manage risks. At the same time, he recommends paying attention to traditional safe-haven assets such as gold and silver.
The successful investor is a staunch supporter of the world’s largest cryptocurrency. He is confident that BTC has great upside potential. Moreover, Kiyosaki is ready to buy the dip. According to him, it is quite possible to take advantage of downturns in the prices of Bitcoin, gold, and silver.
Earlier, the bestselling author claimed that Bitcoin could hit a new record high in 2023, citing an imminent drop in the US dollar. However, he has changed his mind. Now Kiyosaki predicts that the first cryptocurrency will settle at $100,000 by June 2024.
Notably, the well-known investor has long warned of an impending stock market crash. Kiyosaki accuses the Federal Reserve of destroying the US economy and eroding the value of the dollar.