'Rich Dad Poor Dad' Author, Robert Kiyosaki On Bitcoin Crash: "Market Crashes Are Best Time To Get Richer"
Robert Kiyosaki is the well-known writer behind the book “Rich Dad Poor Dad,” one of the world’s most famous financial self-help books.
In addition to being the author of the book, he often uses his influence on social media to give investment and financial tips. His latest information on Twitter caught the attention of many as he says we are experiencing an excellent opportunity to make money with the market correction.
Kiyosaki talked On his official profile that markets dips are the best opportunities to go shopping when markets are providing discounts. He mentioned that NASDAQ, Gold, Bitcoin, Silver all are down, and it’s time to get richer by buying this dip.
“Great News. NASDAQ plunging 2%. Gold down 0.2%. Bitcoin down 1.4%. Silver up .01%. S&P down 1.6%. Markets crashing. Fed not printing fake money. Great news. Market crashes are the best time to get richer. Go shopping when Walmart & financial markets go on sale.”
Great News. NASDAQ plunging 2%. Gold down 0.2%. Bitcoin down 1.4%. Silver up .01%. S&P down 1.6%. Markets crashing. Fed not printing fake money. Great news. Market crashes best time to get richer. Go shopping when Walmart & financial markets go on sale.
— therealkiyosaki (@theRealKiyosaki) January 10, 2022
Kiyosaki, who has little faith in the traditional markets and has always been a big supporter of investing in cryptocurrencies, looks like he believes in the possibility of an improvement in markets and stocks shortly. So he is recommending buying the dips in stock and cryptocurrency market.
However, critics are always there to counter any predictions. A Twitter user ‘Fintiwit’ came up with the history of Kiyosaki tweets and compared it with Bitcoin price action cautioning users:
“Don’t take investment advice from Robert Kiyosaki.”
Don’t take investment advice from Robert Kiyosaki pic.twitter.com/K8ABHP8hCp
— Fintwit (@fintwit_news) January 10, 2022
As always, what matters is your research on the markets without having to trust the word of social media influencers.
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