Wealthy Dad Poor Dad creator Robert Kiyosaki says he’s shopping for extra Bitcoin (BTC) at present costs because the king crypto trades within the depths of the bear market.
In a tweet to his 2.3 million followers, the best-selling creator explains his thesis behind investing in Bitcoin.
Kiyosaki says that in contrast to altcoins, Bitcoin will possible have the ability to dodge the hammer of regulators ought to they resolve to clamp down on regulators.
“Q: Are you investing in Bitcoin?
A: Sure I’m. I’m very enthusiastic about Bitcoin. Why? As a result of Bitcoin is classed as a commodity very like gold, silver, and oil. Most crypto tokens are classifed as a safety and SEC [U.S. Securities and Exchange Commission] rules will crush most of them. I’m shopping for extra [BTC].”
The BTC bull can be optimistic on the dear metallic markets. He predicts rallies for each gold and silver in 2023, calling for a 108% and 213% surge, respectively, doubtlessly triggered by a inventory market crash.
“I turned a gold bug in 1972. I used to be a Marine pilot in Vietnam flying behind enemy strains hoping to purchase gold at a reduction as a result of the mine was in enemy palms. Discovered the worth of gold is similar all around the world. I predict silver going to $75 and gold to $3,800 in 2023…
I turned a silver nut in 1964. I used to be a dime and noticed a copper tinge across the edge. I used to be solely 17, however I knew we had been being screwed through our cash. Little did I do know then that the US authorities violated Gresham’s Legislation which states pretend cash drives out gold and silver.”
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