Rich Dad Poor Dad Author Welcomes Bitcoin's Next Crash

BTC
contrarian investingMarket VolatilityRobert Kiyosakigold and silverBitcoin crashglobal debt
4 hours agoSource: u.today
Rich Dad Poor Dad Author Welcomes Bitcoin's Next Crash

Amid the growing fear surrounding the sustained crypto market downturn, Robert Kiyosaki, the author of Rich Dad Poor Dad, has triggered discussions after airing his own opinion.

While the rest of the market remains in panic, Kiyosaki has issued a statement earlier today, declaring that he is even anticipating the next Bitcoin crash.

Kiyosaki embraces Bitcoin's dip

Unlike most crypto investors, Kiyosaki has confidently expressed that he sees market downturns as opportunities to expand his portfolio at cheaper costs.

Kiyosaki mentioned that while other investors were panicking amid the recent market volatility that saw Bitcoin retest previous lows, he had bought more Bitcoin, gold, and silver instead.

His statement does not entirely come as a surprise, as Kiyosaki is well known as one of the most legendary crypto investors with unwavering confidence in Bitcoin and other physical assets like gold and silver.

However, he triggered further debate after comparing the falling prices of these assets with other economic crises, noting that they are bigger threats.

Global debts are the real threat

While Kiyosaki questioned the crypto community about the growing fear and panic over Bitcoin's falling price, he suggested that they should be more concerned about the growing global debt, especially in the United States.

Kiyosaki further highlighted that the bigger threats investors are supposed to be worried about are the growing debt burden, poor leadership across many nations, and the traditional education system that has failed to teach people about money and financial management.