Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has warned investors to brace for a “crash landing” in the bitcoin market. In a recent tweet, Kiyosaki urged investors to buy more bitcoin in anticipation of the upcoming crash. The cryptocurrency market has seen significant volatility in recent weeks, with bitcoin dropping from its all-time high of $64,000 in mid-April to below $30,000 in June. Despite the recent downturn, Kiyosaki remains bullish on bitcoin and believes that it will ultimately continue to rise in value. As always, investors are advised to exercise caution and do their research before investing in any cryptocurrency.
Famed financial author, Robert Kiyosaki, has endorsed Bitcoin as a potential safeguard against economic uncertainty caused by government bailouts. Kiyosaki, known for his anti-fiat currency stance and best-seller, “Rich Dad Poor Dad,” has advised his followers to invest in cryptocurrencies like Bitcoin to hedge against inflation and diversify their portfolios. He has warned about the dangers of relying solely on fiat currencies and the need to diversify investments. Kiyosaki also predicted the 2008 Lehman Brothers’ collapse and recently stated that Credit Suisse could be the next bank to fail. Bitcoin is currently trading at $24,813.