Robert Kiyosaki, the best-selling writer of Wealthy Dad Poor Dad, now says bitcoin’s future is “very brilliant,” after predicting a “large inventory market crash” that would 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 Shiny,’ Says Kiyosaki
Well-known writer and investor Robert Kiyosaki stated final week that bitcoin’s future is “very brilliant.” Wealthy Dad Poor Dad is a 1997 ebook co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Occasions Finest Vendor Checklist for over six years. Greater than 32 million copies of the ebook have been offered in over 51 languages throughout greater than 109 nations.
Kiyosaki tweeted Friday:
Hooray. Bitcoin rising above $60,000. Future very brilliant. Rejoice but be cautious. I’m ready for a pullback earlier than investing extra.
Whereas the well-known investor has been recommending bitcoin to buyers for fairly a while, he predicted {that a} “large 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 greater. Greatest crash in the world historical past coming.”
Nonetheless, he noticed bitcoin because the funding with the best 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 buyers to “Preserve shopping for gold, silver, bitcoin.”
On the time of writing, the value of bitcoin is $62,362 based mostly on knowledge from Bitcoin.com Markets.
Bitcoin’s worth chart. Supply: Bitcoin.com Markets.
Furthermore, Kiyosaki reiterated Friday his motive for investing in bitcoin, tweeting:
I like bitcoin as a result of I don’t belief the Fed, Treasury, or Wall Avenue.
His assertion echoed the remark he made in August, stating that the first motive 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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