Robert Kiyosaki, the best-selling writer of Wealthy Dad Poor Dad, now says bitcoin’s future is “very vivid,” after predicting a “big inventory market crash” that might additionally tank the crypto market. He additional revealed that he’s ready for the subsequent pullback earlier than investing extra in bitcoin.
Bitcoin’s Future Is ‘Very Vibrant,’ Says Kiyosaki
Well-known writer and investor Robert Kiyosaki stated final week that bitcoin’s future is “very vivid.” Wealthy Dad Poor Dad is a 1997 guide co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Instances Finest Vendor Checklist for over six years. Greater than 32 million copies of the guide have been offered in over 51 languages throughout greater than 109 nations.
Kiyosaki tweeted Friday:
Hooray. Bitcoin rising above $60,000. Future very vivid. Have fun but be cautious. I’m ready for a pullback earlier than investing extra.
Whereas the well-known investor has been recommending bitcoin to traders for fairly a while, he predicted {that a} “big inventory market crash” was coming in October, including that gold, silver, and bitcoin could crash as nicely. In July, he warned: “Greatest bubble in world historical past getting larger. Greatest crash on the earth historical past coming.”
Nonetheless, he noticed bitcoin because the funding with the greatest upside, noting that “With greenback dropping, bitcoin and silver are one of the best investments.” In August, he tweeted that America was “going bankrupt,” recommending traders to “Preserve shopping for gold, silver, bitcoin.”
On the time of writing, the worth of bitcoin is $62,362 primarily based on information from Bitcoin.com Markets.
Furthermore, Kiyosaki reiterated Friday his purpose for investing in bitcoin, tweeting:
I like bitcoin as a result of I don’t belief the Fed, Treasury, or Wall Road.
His assertion echoed the comment he made in August, stating that the first purpose he invested in bitcoin, gold, and silver was “as a result of I don’t belief our leaders, the Fed, Treasury, nor the inventory market.”
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