thecoinrepublic.com
- Robert Kiyosaki’s Rich Dad Poor Dad broke all records and sold over 44 million copies.
- Robert Kiyosaki believes that Bitcoin will hit $1 million in the upcoming times.
Robert Kiyosaki is a globally popular author of one of the best books ‘Rich Dad Poor Dad’ which became the #1 Personal Finance book of all time.
The book is divided into ten chapters; it is majorly based on the author’s life, and the Poor Dad was the one who gave birth to Kiyosaki and was hard working and believed in obtaining good grades and all.
Rich Dad was the father of Kiyosaki’s best friend; he also had similar ethics, but he was a believer in financial education. Robert Kiyosaki has stepped up his bearish stance on the global economy amid fears of an impending recession.
Kiyosaki noted that the global economy is the ‘biggest bubble in history in his tweet of November 25, 2022.
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
The author also mentions that he did not believe in an investment like bonds and equities and asked investors to shun paper assets.
Kiyosaki said, “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 the economy is the biggest bubble in world history. God have mercy on us all.”
During this volatility and crypto winter, the author remains bullish on Bitcoin and other valuable metals. It is also predicted that digital currency prices will increase in the upcoming times.
Since the last few months, the crypto market has been struggling hard and trying to improve, but the collapse of the FTX exchange has once again hit the market hard.
Kiyosaki Insists That Bitcoin (BTC) and Ethereum (ETH) Have a Chance to Rally in the Future
He said, “I’m still bullish on Bitcoin but don’t consider silver and the silver ETF the same thing. And Bitcoin is not the same as Sam Bankman-Fried. (…) It’s FTX that’s the problem. <…> I’m still in favour of Bitcoin. I’m not against it, as many people in my genre, in my age group, are, because I think Bitcoin is solid. I’m more into blockchain, and I do own Ethereum.”
Kiyosaki stated that the cryptocurrency leader, Bitcoin, will achieve a new milestone and trade nearly $1 million. However, he believes that Gold investment is also a good option.