Recent reports have revealed that the famous author of Rich Dad Poor Dad thinks that Bitcoin might be a better investment option during America’s current financial climate.
Robert Kiyosaki, who has sold millions of copies of his book, suggests that Bitcoin (BTC) and precious metals are the way to go amidst increasing national debt and financial inequality.
He expresses sadness about the current state of America and shares this sentiment with his 2.4 million Twitter followers.
Given his outlook on the US economy, he says he will continue to invest in “real assets” which include Bitcoin, silver and gold.
“WHY is [the] stock market taking off? Because the ‘debt ceiling’ was removed. This means national debt to rise with the stock market. Rich get richer as America gets poorer. Sad. Sticking with real money and real assets: gold, silver, Bitcoin.”
Kiyosaki has repeated his previous advice to invest in cryptocurrency. In June, he cautioned that several regional banks and mortgage companies were at risk of collapsing.
He also predicted a forthcoming real estate crash, which he believes will be more severe than the housing market crisis of 2008.
Kiyosaki advised Americans to protect themselves from financial disasters by acquiring precious metals and Bitcoin.
New Bitcoin price prediction is out
It has been just revealed that we have a new price prediciton for Bitcoin out. Check out the latest reports about this below.
At the moment of writing this article, BTC is trading in the red and the king coin is priced at $30,311.
An analyst who accurately predicted the end of Bitcoin’s 2021 bull market is forecasting a significant rise for the cryptocurrency, but only after a dip in price.
This analyst, known as Pentoshi on Twitter and followed by over 697,700 people, predicts that Bitcoin may fall to $28,000 after failing to maintain a price above $31,000.
