Robert Kiyosaki, the best-selling writer of Wealthy Dad Poor Dad, now says bitcoin’s future is “very shiny,” 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 Vivid,’ Says Kiyosaki
Well-known writer and investor Robert Kiyosaki mentioned final week that bitcoin’s future is “very shiny.” Wealthy Dad Poor Dad is a 1997 e book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Instances Greatest Vendor Checklist for over six years. Greater than 32 million copies of the e book have been bought in over 51 languages throughout greater than 109 nations.
Kiyosaki tweeted Friday:
Hooray. Bitcoin rising above $60,000. Future very shiny. Have a good time 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 might crash as effectively. In July, he warned: “Greatest bubble in world historical past getting greater. Greatest crash on this planet historical past coming.”
Nonetheless, he noticed bitcoin because the funding with the greatest upside, noting that “With greenback dropping, bitcoin and silver are the most effective investments.” In August, he tweeted that America was “going bankrupt,” recommending buyers to “Maintain 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.
Furthermore, Kiyosaki reiterated Friday his purpose for investing in bitcoin, tweeting:
I really 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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