Rich Dad Poor Dad Author Says He’s Stacking More Bitcoin (BTC), Warns of Regulations Crushing Altcoins – The Daily Hodl

Rich Dad Poor Dad Author Says He’s Stacking More Bitcoin (BTC), Warns of Regulations Crushing Altcoins – The Daily Hodl

Rich Dad Poor Dad writer 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 most effective-promoting writer explains his thesis behind investing in Bitcoin.Kiyosaki says that in contrast to altcoins, Bitcoin will doubtless 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: Yes I’m. I’m very enthusiastic about Bitcoin. Why? Because 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] laws will crush most of them. I’m shopping for extra [BTC].”The BTC bull can be optimistic on the valuable metallic markets. He predicts rallies for each gold and silver in 2023, calling for a 108% and 213% surge, respectively, probably triggered by a inventory market crash.“I grew to become 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 arms. Found out the worth of gold is similar everywhere in the world. I predict silver going to $75 and gold to $3,800 in 2023…I grew to become 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 by way of our cash. Little did I do know then that the US authorities violated Gresham’s Law which states pretend cash drives out gold and silver.”Don’t Miss a Beat – Subscribe to get crypto electronic mail alerts delivered on to your inboxCheck Price ActionFollow us on Twitter, Facebook and TelegramSurf The Daily Hodl MixCheck Latest News Headlines&nbspDisclaimer: Opinions expressed at The Daily Hodl aren’t funding recommendation. Investors ought to do their due diligence earlier than making any excessive-danger investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual danger, and any loses chances are you’ll incur are your accountability. The Daily Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Daily Hodl an funding advisor. Please word that The Daily Hodl participates in internet online affiliate marketing.Featured Image: Shutterstock/BINK0NTAN/Chuenmanuse

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