Bitcoin has recently seen a major decline, which has reduced its price to 25% from its all-time high $ 109,114 to $ 80,487.31. This decline shows increasing instability in the crypto market. While some investors are nervous about the falling prices of Bitcoin, Affluent Prosperous Dad Broke Dad author Robert Kiyosaki considers it a great opportunity to invest. Kiyosaki says that the decline is not a BTC problem, rather it is the result of problems of the global monetary system and traditional banking system. In this article, we will talk about the reasons for the recent decline of bitcoin and its future.
Bitcoin’s decline and its causes
Bitcoin Value The recent decline is associated with many major economic developments. Increase in Treasury Yields in the US, the uncertainty of trade war and increasing inflation have created instability in the crypto market. Robert Kyosaki said in his post that the BTC itself is not the reason for the decline of bitcoin, but it is the global monetary system and “criminal bankers”. He also says that America is already on the verge of bankruptcy. At the same time, the debt of $ 36 trillion and the total responsibility of $ 230 trillion is putting it even more in crisis.
He further warned that if countries like Japan and China stop investing in American bonds, it would increase the pressure on the US dollar and reach inflation to reach the extreme, which can weaken the entire economy and dollars. In such a situation, investors can turn to optional assets like Bitcoin.
What will happen next?
Although BTC’s recent decline has worried some investors, big investors such as Robert Kyosaki consider it an opportunity for the future. He says that bitcoin is “Money with Integrity”, while he considers the traditional currency as “fake money”. Kyosaki believes that whenever the price of Bitcoin falls, he will be ready to buy more. He also says that when “fake money” is cheap, he will exchange it for assets like gold, silver and bitcoin.
Given the current instability of Bitcoin, investors can see it as a secure assets. If the US government has a crisis in the monetary policies and the bond market, then bitcoin can be used as a reliable and “hedge”. Due to the limited supply of Bitcoin and its decentralized nature, it can be considered a safe investment, especially when the pressure on the traditional financial system increases. If you want to know that What is bitcoin, So click on the given link.
Conclusion
The recent fall in the price of Bitcoin has worried the crypto investors, but despite this, there is a possibility of an increase in its value in the long term. Robert Kiyosaki and other financial experts consider it a long -term secure assets. If there is a change in the global monitoring system and tradition banking system, Bitcoin Worth may increase further. However, investors should keep complete knowledge about its instability and risks and invest thoughtfully.
