Robert Kiyosaki, author of the personal finance book “Rich Dad Poor Dad,” warns investors. The famous author made statements about BTC and these assets, related to the upcoming recession. He states that the downward trend experienced in the ongoing malignant global economy period will increase further.
Robert Kiyosaki warns investors!
Robert Kiyosaki, the author of the personal finance book, shared a post on November 25. In his post, Kiyosaki explained that he has a bad long-term economic forecast. However, he states that the global economy may be “the biggest bubble in history”. In addition, the famous author urges investors to abandon fiat currencies. Kiyosaki said that he personally prefers not to invest in products such as stocks and bonds:
Many of you know that I do not invest in stocks, bonds, ETS or MFs. Please DO NOT LISTEN to what I have to say next! “I would get rid of fiat coins.” The world economy is not a “market place”. I believe the economy is the biggest bubble in the history of the world. God bless us all.
Many of you know I do not invest in equities, bonds, ETS or MFs. Please DO NOT listen to what I’m going to say next: “I would get out of paper assets.” The world economy is not a “Market.” I believe economy is the biggest bubble in world history. God have mercy on us all.
— therealkiyosaki (@theRealKiyosaki) November 25, 2022
As we have reported as Kriptokoin.com; In particular, the global economy was affected by high inflation and interest rate hikes. In addition, it is reported that it has suffered significant damage from the prevailing macroeconomic factors. Moreover, its effects have also spread to BTC and other cryptocurrencies, according to crypto analysts.
Famous author talks about the FTX crisis
Apart from that, Robert Kiyosaki makes statements about Bitcoin (BTC) and precious metals. Kiyosaki says that BTC and precious metals continue to rise. He also says that these products will potentially show themselves more strongly. In addition, the famous author states that the probability of collapse of the economy is quite high.
The famous writer, who shared on his Twitter account, also discussed the collapse of the FTX stock market. He explained that other cryptocurrencies, especially BTC, have taken a serious hit. However, Kiyosaki stated that Bitcoin (BTC) and Ethereum (ETH) have a high chance of recovery in the future:
I’m still optimistic about Bitcoin, but don’t think of silver and silver ETF as the same thing. Bitcoin is not the same as Sam Bankman-Fried. The problem is FTX. I’m still in favor of Bitcoin. A lot of people in my age group are definitely against it. However, my personal opinion is that Bitcoin is solid and I am not against it. Actually, I’m more interested in blockchain and own Ethereum.
Bitcoin (BTC) price prediction from Kiyosaki
Although the famous writer Robert Kiyosaki stated that he especially prefers gold, he predicts that the leading cryptocurrency BTC can reach 1 million dollars in 5 years. Kiyosaki’s belief in the future of Bitcoin is based on the author’s belief that the revolution of the asset will be “greater than the revolution of gunpowder”.
Finally, in his current post, the famous writer shared the following with his followers on his Twitter account:
SBF-FTT-FTX: “I see mindless people” thoughts is a Crypto Code. Mindless people who believe in Brand Name Universities can turn Polyamorous Wierdos into “financial geniuses.” GREAT UNIVERSITIES are as corrupt as GREAT MEDICINE. SBF and FAUCI were both power-hungry people. WAKE UP! We are awakened.
SBF-FTT-FTX: Crypto Code for “I see stupid people.” Stupid people who believe Brand Name Universities, can turn polyamorous wierdos into “financial geniuses.” BIG UNIVERSITIES are as corrupt as BIG PHARMA. SBF and FAUCI are both power hungry nerds. WAKE UP! We are being WOKED.
— therealkiyosaki (@theRealKiyosaki) November 28, 2022
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