Bitcoin News For the author of "Rich dad, poor dad" it...

For the author of “Rich dad, poor dad” it is time to invest in cryptocurrencies

-

- Advertisment -

Kiyosaki’s recommendations on Bitcoin are not new, as he has repeatedly repeated that the dollar “is dying.”

Guru Robert Kiyosaki, investor and author of the best-seller “Rich Dad Poor Dad,” has long been a supporter of cryptocurrenciesAnd now, after the collapse of the price of Bitcoin, he believes that it is time to invest.

In a message he posted on Twitter, he explained: “I heard: ‘I can’t afford bitcoins.’ Bitcoin is falling, good news. Now is your chance. Educate yourself. Buy coins that beat bitcoin for pennies. Stop whining and take action.”

Kiyosaki did not comment on another cryptocurrency other than Bitcoin, although he clarified that each investor must evaluate which one to bet on. For example, there is the case of Dogecoin that when it was launched its value was negligible, much less than a penny on the dollar, and rose 20,000%.

Kiyosaki’s recommendations on Bitcoin are not new, as he has repeatedly repeated that the dollar “is dying.” Last April, he predicted that the price of Bitcoin could reach as high as $ 1.2 million in the next five years.

Kiyosaki also stressed that in addition “the FED wants inflation to pay the debt with cheaper money.” The Fed will raise interest rates which would bring down stocks, bonds, real estate and the value of gold.

Robert Kiyosaki, the author of “Rich Dad Poor Dad,” in 1997 co-authored with Sharon Lechtet, has kept his publications on the New York Times best-seller list for more than five years. 32 million copies of the book have been sold in 109 countries translated into at least 50 languages.

Ben Pence
Ben Pence is a The Advertiser Mirror correspondent who covers politics, business, money, lifestyle, technologies and worldwide news. Ben is a talented guy of 22 years old who loves to write and record Podcasts as a part of his ideal to inform people about news and opinions.

Latest news

Russia Wants Putin-Biden Meeting To Boost Dialogue On Arms Control

The Government of Russia expressed its desire on Tuesday that the meeting between the presidents of Russia and the United States, Vladimir Putin and Joe Biden.

The “Buffett indicator” soared 133% and a stock collapse is feared in the coming months

Analysts say that Warren Buffett's gauge anticipates that the global stock market is overvalued relative to the world economy. Is a new witch born?

This is Paul Tudor Jones’ trio of aces to win on the stock market with inflation

Inflation is here to stay. Says Paul Tudor Jones, legendary and billionaire investor and manager of hedge funds (or hedge funds),...

Israel marks the end of an era with the departure of Netanyahu and his replacement by Bennett

Benjamin Netanyahu's 12-year record as prime minister of Israel came to an end on Sunday after parliament approved a new "Government of Change".
- Advertisement -

Dimon: J.P Morgan is hoarding cash to take advantage of long-lasting inflation

J.P Morgan Chase has been "hoarding" cash instead of using it to buy Treasuries or other investments because of the possibility that higher inflation will force the Federal Reserve (Fed).

Cryptocurrencies in correction? What can we expect in the future

Cryptocurrencies expand through protocols that were born from day one as global instruments without jurisdictional restrictions.

Must read

- Advertisement -

You Might Also LikeRELATED
Recommended to you