If Bitcoin crashes, I will back up the truck and buy more: Robert Kiyosaki
Robert Kiyosaki doubled down on his bullish stance on Bitcoin on Friday, saying he would “back up the truck” and buy more if a market-wide crash drives prices lower.
Warning of an impending collapse across stocks, bonds, real estate, gold, silver, and cryptocurrencies, Kiyosaki said Bitcoin would be the fastest asset to recover from what he describes as the ongoing burst of the “Everything Bubble”.
“If the price of Bitcoin crashes I will back up the truck and buy more,” Kiyosaki wrote on X (formerly Twitter) on Friday, reiterating his view that Bitcoin remains a key hedge against economic instability and inflation.
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View Details»Kiyosaki’s comments came as Bitcoin (BTC/USD) traded at $98,420, climbing 1.5% on Friday and holding above the crucial $95,000 support level but facing significant resistance in breaking higher. Despite the gains, Bitcoin remains stuck in a narrow trading range as markets await stronger signals for the next major price move.
Stock Trading
Maximise Returns by Investing in the Right Companies
By — The Economic Times, Get Certified By
