Robert Kiyosaki, the bestselling author of “Rich Dad Poor Dad” now says that Bitcoin is “crashing”, it’s a buying opportunity especially for those who said they couldn’t afford it before. Alternatively, he said they could “buy coins that outperform Bitcoin for pennies,” reiterating that the Fed, Treasury and Biden are the problems, not Bitcoin or Elon Musk.
Robert Kiyosaki’s Bitcoin Council
Famed author and investor Robert Kiyosaki has again urged investors to buy Bitcoin after the price of the cryptocurrency fell sharply from record highs. He sees the “Crash” price as an opportunity to buy.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It’s been on the New York Times bestseller list for over six years. Over 32 million copies of the book have been sold in over 51 languages in more than 109 countries.
Kiyosaki tweeted last week:
I hear “I can’t afford Bitcoin”. Bitcoin is crashing, good news. Now is your chance. Educate yourself. Buy coins that outperform Bitcoin for pennies. Stop whining and take action.
This tweet followed another of Kiyosaki’s pro-bitcoin tweets posted on May 14th. The author of Rich Dad Poor Dad wrote, “Bitcoin is crashing. Good news. Always ready to buy more. “He continued:
Remember, the problem isn’t Elon Musk or Bitcoin. The problems are the Fed, the Treasury and Biden. Gold, silver and bitcoin are the solutions.
Kiyosaki didn’t mention any cryptocurrencies other than Bitcoin and there are thousands of coins to choose from. Investors must thoroughly conduct their own research before investing. For example, people who got into Dogecoin early on have reported making a considerable amount of money, and recently the Shiba Inu coin made some people millionaires. According to reports, a Goldman Sachs executive quit his job at the investment bank after making a fortune with Dogecoin.
Well-known Rich Dad author Poor Dad went on to say that the Fed wants inflation to pay off debts in cheaper dollars [money]. The Fed will raise interest rates, causing stocks, bonds, real estate and gold to crash. Biggest problem: boomer retirement. Medicare & America Social Security is broke. Lined on [print] more fake money. Stick with gold, silver and bitcoin. “
Kiyosaki has been recommending Bitcoin for a while, believing the dollar is dying. In April, he predicted that the price of BTC would be $ 1.2 million “in five more years.”
Do you agree with Robert Kiyosaki? Let us know in the comments below.
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