Robert Kiyosaki, author of the bestselling “Rich Dad Poor Dad,” says bitcoin’s future is “very bright” after he predicted a “big stock market crash” that could also hit the cryptocurrency market. He then revealed that he was waiting for another payback before investing more in bitcoin.
Kiyosaki wrote on Twitter on Friday:
Hurrah. Bitcoin rises above $ 60,000. The future is very bright. Celebrate but be careful. I am waiting for prices to drop before investing more.
While the famous investor has been recommending bitcoin to investors for a long time, he predicted a “giant stock market crash” in October, adding that gold, silver and bitcoin could also collapse. In July, he warned: “The biggest bubble in the history of the world is getting bigger. The greatest catastrophe in the history of the world is coming.
Nonetheless, he saw bitcoin as the most positive investment, noting that “with the dollar falling, bitcoin and silver are the best investments.” He tweeted in August that America was “going bankrupt”, instructing investors to “buy gold, silver, bitcoin.”
Moreover, Kiyosaki reiterated his reason for investing in bitcoin on Friday by tweeting:
I love bitcoin because I don’t trust the Fed, the Treasury, or Wall Street.
His statement echoed a comment he made in August, stating that the main reason he had invested in bitcoin, gold and silver was a distrust of US leaders, the Fed, the Treasury, and Wall Street.
21-10-2021, Mr Advice TEAM