Personal finance writer Robert Kiyosaki, best known for his book he wrote many years ago, warns of an impending market disaster as he concentrates his crypto portfolio on an altcoin project.
Robert Kiyosaki shares an altcoin project he has expanded his portfolio
In a recent interview, Rich Dad Poor Dad author Robert Kiyosaki was asked why he added Solana (SOL) to his portfolio. The famous economist answers:
Usually the best deals are made first. After hearing the question Do you invest in Bitcoin, I answer yes. Solana is still a great chance, but it’s not impossible.
Knowing the historical collapse, economist predicts inflation will destroy the US economy
Solana, the sixth largest cryptocurrency by market value, scalability, speed and minimal transaction costs A blockchain that stands out with its The once-best-selling author notes that many Americans don’t even have $1,000, proof that inflation will permanently change American life as we know it when questioned about dollar inflation:
Despite rising inflation, the typical American still has $1,000. There is no dollar emergency fund. Four in ten Americans do not have $1,000 cash reserves. When inflation rises, we will destroy half the people and that’s when the revolution begins.
Kiyosaki did not provide any evidence to defend his claim that “40 percent of Americans” supported it, and did not elaborate on the term “revolution.” After being questioned about the possibility of the government regulating cryptocurrency, the self-identified financial expert warns of an aggressive, Big Brother-style takeover:
As long as government crypto or Bitcoin is involved, they will be able to “follow cryptocurrencies”.
When the author predicted in September of 2021 that “a major stock market disaster would come in October,” this did not happen. His forecasts have only grown stronger since then, predicting “the biggest stock market disaster in history.” As of the date of this writing, there has been no such crash yet. Kiyosaki says there will be an economic collapse.
Solana (SOL)
As we have included in the analysis of Kriptokoin.com, Solana (SOL) is trading at $ 104 with an increase of 2.89% in the last 24 hours. It is down nearly 30% from its highest level since last month at $143.02.
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