Cryptocurrency

Bitcoin

<div class="finbold">
 <p class="paragraph">Robert Kiyosaki, the author renowned for the best-selling personal finance book <em>‘Rich Dad Poor Dad,</em>‘ has built a reputation over the years for making numerous predictions concerning the financial world.</p>
 <div></div>
 <p class="paragraph">As the global financial sector grapples with multiple challenges in 2023, the author has stepped forward to forecast what may unfold in the upcoming year. His predictions focus on both the traditional financial space and cryptocurrencies. Here are his three main predictions for 2024 by the financial educator.</p>
 <h2 class="wp-block-heading" id="h-bitcoin-could-hit-120k">Bitcoin could hit $120k&nbsp;</h2>
 <p class="paragraph">Kiyosaki’s first <a rel="noopener noreferrer nofollow" title="prediction" href="https://thebittimes.com/tag/prediction.html">prediction</a> centers on the destiny of Bitcoin (BTC) and the US dollar. The investor’s forecast is grounded in the actions of the BRICS nations—Brazil, Russia, India, China, and South Africa—who are anticipated to unveil a gold-backed cryptocurrency, symbolizing the potential decline of the US dollar.</p>
 <p class="paragraph">According to Kiyosaki, Bitcoin, and precious metals, including gold and silver, are poised to benefit, as investors are expected to redirect funds into these assets in response to what he terms as skyrocketing inflation resulting from the demise of the dollar. In his perspective, Bitcoin might hit a new all-time high of $120,000.</p>
 <blockquote class="wp-block-quote">
  <div class="not-prose relative overflow-auto scrollbar-hide mb-8 mt-8">
   <div class="relative w-full flex gap-6 snap-x snap-mandatory overflow-x-auto">
    <div class="max-w-[300px]">
     <div class="py-0 first:pt-0 last:pb-0">
      <div class="flex gap-x-4">
       <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/12/26/62814185a296ada898dd5590357f9c05.webp" alt class=" w-full rounded-md lazy">
       </div>
       <div>
        Stocks 
        <h3 class="font-bold leading-6 " id="the-biggest-stock-buybacks-of-2023">The biggest stock buybacks of 2023</h3>
        <div class="sm:flex gap-x-3 mt-2">
        </div>
       </div>
      </div>
     </div>
    </div>
    <div class="max-w-[300px]">
     <div class="py-0 first:pt-0 last:pb-0">
      <div class="flex gap-x-4">
       <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/12/26/988b13d3849545319c0b7d5594d86766.webp" alt class=" w-full rounded-md lazy">
       </div>
       <div>
        Stocks 
        <h3 class="font-bold leading-6 " id="top-3-big-tech-stocks-to-buy-in-2024">Top 3 Big Tech stocks to buy in 2024</h3>
        <div class="sm:flex gap-x-3 mt-2">
        </div>
       </div>
      </div>
     </div>
    </div>
    <div class="max-w-[300px]">
     <div class="py-0 first:pt-0 last:pb-0">
      <div class="flex gap-x-4">
       <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/12/26/a585770127c13f54992dfc275b30d432.webp" alt class=" w-full rounded-md lazy">
       </div>
       <div>
        Stocks 
        <h3 class="font-bold leading-6 " id="chatgpt-vs-google-bard-which-had-better-stock-predictions-in-2023">ChatGPT vs. Google Bard: Which had better stock predictions in 2023</h3>
        <div class="sm:flex gap-x-3 mt-2">
        </div>
       </div>
      </div>
     </div>
    </div>
    <div class="max-w-[300px]">
     <div class="py-0 first:pt-0 last:pb-0">
      <div class="flex gap-x-4">
       <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/12/26/218d3b9914d330b6c9be33c8596a575c.webp" alt class=" w-full rounded-md lazy">
       </div>
       <div>
        Stocks 
        <h3 class="font-bold leading-6 " id="3-best-semiconductor-stocks-to-buy-in-2024">3 best semiconductor stocks to buy in 2024</h3>
        <div class="sm:flex gap-x-3 mt-2">
        </div>
       </div>
      </div>
     </div>
    </div>
    <div class="max-w-[300px]">
     <div class="py-0 first:pt-0 last:pb-0">
      <div class="flex gap-x-4">
       <div class="shrink-0  w-24"><img data-src="https://cdn.thebittimes.com/images/2023/12/26/c896a95ee44ee359f912a9d08b9e6fa7.webp" alt class=" w-full rounded-md lazy">
       </div>
       <div>
        Cryptocurrency 
        <h3 class="font-bold leading-6 " id="is-bitcoin-a-good-buy-in-2024">Is Bitcoin a good buy in 2024</h3>
        <div class="sm:flex gap-x-3 mt-2">
        </div>
       </div>
      </div>
     </div>
    </div>
   </div>
  </div>
  <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
   <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
   </div>
  </div>
  <p class="paragraph">“US $ will die. Trillions of US $ rush home. Inflation through the roof. Buy gold,&nbsp;Silver. Bitcoin to $120k next year,” he said.&nbsp;</p>
 </blockquote>
 <h2 class="wp-block-heading" id="h-bonds-and-stocks-might-be-2024-s-biggest-losers">Bonds and stocks might be 2024’s biggest losers</h2>
 <p class="paragraph">In a departure from conventional investment wisdom, Kiyosaki declared that traditional 60/40 investors, who typically allocate 60% of their portfolios to bonds and 40% to stocks, will face significant losses in 2024.</p>
 <p class="paragraph">Instead, he suggested a radical shift to a 75% gold, silver, and Bitcoin portfolio, with the remaining 25% invested in real estate or oil stocks. According to the financial educator, this unconventional mix is designed to help investors weather what he describes as the “greatest crash in world history.”</p>
 <blockquote class="wp-block-quote">
  <p class="paragraph">“In 2024 60/40 investor will be biggest losers. Before going down with the ship consider a shift to 75% Gold, Silver, Bitcoin 25% real estate/oil stocks. This mix may allow you to survive the greatest crash in world history,” he said.</p>
 </blockquote>
 <h2 class="wp-block-heading" id="h-potential-economic-depression">Potential economic depression&nbsp;</h2>
 <p class="paragraph">Kiyosaki’s third <a rel="noopener noreferrer nofollow" title="prediction" href="https://thebittimes.com/tag/prediction.html">prediction</a> is a stark warning about the potential severity of the upcoming <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> crash. Rejecting the notion of a soft landing, he argued that a crash landing is more likely and could escalate into a full-blown economic depression.&nbsp;</p>
 <p class="paragraph">Referencing his earlier book, <em>“Rich Dad’s Prophecy,</em>” published in 2012, Kiyosaki urged investors to prepare for the worst. As 2024 is an election year, he injected a political note, advising against voting for liberal candidates whom he labels as “woke greenie Marxists.”&nbsp;</p>
 <p class="paragraph">Instead, he advocated for conservative choices to avoid what he believes could be a transformation of the USA into a Marxist state akin to Russia, China, or Cuba.</p>
 <p class="paragraph">It’s important to recognize that Kiyosaki’s <a rel="noopener noreferrer nofollow" title="prediction" href="https://thebittimes.com/tag/prediction.html">prediction</a> is subject to change, given potential <a rel="noopener noreferrer nofollow" title="market" href="https://thebittimes.com/tag/market.html">market</a> fluctuations that could impact the overall economic outlook.</p>
 <p class="paragraph"></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/rich-dad-kiyosaki-s-top-3-market-predictions-for-2024-tbt74770.html">https://thebittimes.com/rich-dad-kiyosaki-s-top-3-market-predictions-for-2024-tbt74770.html</a></p>

‘Rich Dad’ Kiyosaki’s top 3 market predictions for 2024

Tabla de contenidos

TheBitTimes

Otros artículos publicados el 26 dic 2023

7 BRC-20 Gems With 20 -100X Potential

TEL Drops 42% After $1.3M Stolen in Telcoin Exploit: PeckShield

Mt. Gox Creditors Finally Getting Paid After 10 Years, What A Special Christmas

This Trader Made $5.7 Million After Investing 30 Solana Tokens (SOL)

What’s Driving VeChain’s Ambitious Climb Toward the $0.049 Challenge?

How to Redeem a Fortnite Gift Card and Get V-Bucks

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!