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Robert Kiyosaki Warns of Bitcoin August Curse | US Crypto News

Welcome to the morning briefing of the US Crypto News – your essential overview of the most important developments in the crypto for the coming day.

Take a coffee and look at the graphics when something is preparing on the Bitcoin market (BTC). While August arrives, the whispers of a so-called curse relaunch, aroused a debate among cryptographic veterans, investors and analysts. Some fear it. Others, like Robert Kiyosaki, hope that.

Crypto News of the Day: Robert Kiyosaki kisses the ‘bitcoin August Curse’

Better known for Papa Riche Poor DadRobert Kiyosaki issued a provocative warning to the August Bitcoin curse. He suggests that a drop in net prices this month could be desirable.

“The price of” Bitcoin August Curse “will increase the price of bitcoin at less than $ 90,000? I hope yes,” wrote Kiyosaki on X.

He framed the potential crash as a golden opportunity to double his BTC position. Rather than considering volatility as a threat, Kiyosaki stressed that the long -term Bitcoin value is in contrast to the Fiat systems managed by what he called “incompetent doctoral students” in the Fed and the Treasury.

“The problem is not bitcoin. The real problem is our debt of several thieves and the incompetent doctoral students who execute” the marsh “,” he said.

Kiyosaki’s comments follow a summer of educational events, in particular the collective and unlimited summit of financial education. He would have learned financial thinkers like Jim Rickards, Brent Johnson and Larry Lepard.

In particular, these detectives are all vocal criticisms of fiduciary currency and supporters of hard active ingredients such as gold and bitcoin.

According to Kiyosaki, the so-called curse could serve as a “stress test”, inadvertently separating tourists from the crypto settlers.

“Bitcoin August’s curse will make most of Bitcoin investors richer,” he concluded.

Analysts see the Bitcoin crash as a catalyst, not a disaster

Kiyosaki took a debate, investors saying that a price accident is not a failure, but a filter.

“Most people fear ‘Bitcoin August Curse’ because they do not understand the real game … Accidents are a gift. But only if you know what you are holding,” said a user.

Meanwhile, analysts also weigh. Quinten François noted that, although retail investors panic, long -term holders who “do not buy and never sell” more BTC.

Meanwhile, another analyst observed an emerging model similar to that which led to the short pressure of Friday from $ 112,000 to $ 115,000.

This story of the volatility of bitcoin as a financial war rather than failure is more and more dominant in believers of hardened cryptography.

Kiyosaki and others argue that the real risk does not reside in the action of BTC prices, but in the slow erosion of value by inflation and monetary policy.

While Bitcoin hovers around key levels in early August, the debate intensified. Is the August curse a backhand, or the final Shakeout before a higher new leg?

The match plan for Kiyosaki is clear, and the investor welcomes him with open arms and a full wallet.

This is aligned with its recent position, which has been reported in a previous publication of Crypto News. As Beincrypto reported, Kiyosaki urged investors to buy bitcoin, rejecting ETF (negotiated stock market funds) as paper cannons.

Graphic of the day

Bitcoin (BTC) Price performance
Bitcoin (BTC) Price performance. Source: tradingView

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Here is a summary of more news from crypto in the United States to follow today:

  • Crypto inputs reversed at $ 223 million in the problems of economic data and economic data.
  • Forget new tokens-Why is Murad Mahmudov bet on the oldest coins?
  • Bitcoin’s rebound may not yet be optimistic; $ 117,000 is the line he is to cross first.
  • Here’s what Crypto Whals bought and sold during the weekend.
  • Hype’d up? The analyst says the paradigm holds $ 765 million in hyperliquid tokens.
  • Lido’s market share reaches a 3 -year hollow – is a giant dotted with Ethereum who loses his grip?
  • Four American economic signals that could derail the resumption of Bitcoin this week.
  • XRP jumps 5% – Is this the start of a return or just a dead cat rebound?

Presentation of the actions of the crypto-actions

Business At the end of August 1 Preview before the market
Strategy (MSTR) $ 366.63 $ 374.02 (+ 2.02%)
Coinbase Global (Coin) $ 314.69 $ 320.25 (+ 1.77%)
Galaxy Digital Holdings (GLXY) $ 26.88 $ 27.64 (+ 2.83%)
Mara Holdings (Mara) $ 15.50 $ 15.75 (+ 1.61%)
Riot platforms (riot) $ 11.03 $ 11.34 (+ 2.81%)
Core Scientific (Corz) $ 12.65 $ 12.80 (+ 1.19%)
Crypto Equities Market Open Race: Google Finance

The post Robert Kiyosaki warns against Bitcoin August Curse | Us Crypto News appeared first on Beincrypto.

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