Robert Kiyosaki is going to buy more BTC if this doomsday Bitcoin prediction comes true.

Robert Kiasaki, a well-known advocate of Bitcoin (BTC), gold and silver, has revealed that he will earn more BTC if the price of the crypto asset drops to $200, as predicted by American financial writer Harry Dent.

In a tweet on Tuesday, Kiyosaki, author of several financial books including Rich Dad Poor Dad, said he hoped Dent's prediction would come true, because such an event would create new millionaires and maybe a few billionaires.

Bitcoin to $200?

Dent is known as a transmitter of financial and economic failure. Although most of his predictions failed, he correctly predicted the 2000 dotcom crash and Japan's 1989 bubble burst and recession. In the year In October 2023, he told Think Advisor that the US economy would face a “lifelong recession” by 2024, with the stock market falling 86% on the S&P index.

The controversial analyst said the disaster is two years late and will happen this year and will affect all sectors including real estate. Dent also insisted that the central bank's handling of this impending crash would make the next one even bigger, and that the best place to hold it would be Treasury bonds.

According to Kiasaki, Dent's “everything crash” will make the baby boomers the biggest losers because their homes will depreciate. Regardless, the author of Rich Dad Poor Dad intends to acquire more real estate, gold, silver, and BTC, to position himself for greater wealth.

“If Harry is right, I will simply buy more real estate, gold and silver. If Bitcoin drops to $200 a coin, I will buy as many coins as I can. If Harry is right, there will soon be many millionaires and maybe a few new billionaires. I hope Harry Dent is right. He If not, those who own gold, silver and bitcoin will be richer,” Kiyosaki said.

Kiyosaki still prefers Bitcoin

A Bitcoin fan reiterated that the dollar is fake money, gold and silver are God's money, and BTC is the people's money.

While Kiasaki urges people not to be complacent in buying gold and silver, the 21 million in his portfolio still prefer BTC over precious metals. He assumed that BTC outperformed other assets because of its limited supply.