Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad, now says the future of bitcoin is “very bright,” after predicting a “giant stock market crash” that could bring the crypto market down as well. He further revealed that he was waiting for the next withdrawal before investing further in bitcoin.
The future of Bitcoin is ‘very bright’, says Kiyosaki
Renowned author and investor Robert Kiyosaki said last week that the future of bitcoin was “very bright.” Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. More than 32 million copies of the book have been sold in more than 51 languages in more than 109 countries.
Kiyosaki tweeted on Friday:
Hooray. Bitcoin exceeding $ 60,000. Very bright future. Celebrate but be careful. I am waiting for a step back before investing more.
While the famous investor has been recommending bitcoin to investors for some time, he predicted that a “giant stock market crash” was coming 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 biggest crash in the history of the world to come.
Nonetheless, he viewed bitcoin as the investment with the greatest potential, noting that “With the dollar falling, bitcoin and silver are the best investments.” In August, he tweeted that America was “going bankrupt,” urging investors to “keep buying gold, silver, bitcoin.”
At the time of writing this article, the price of bitcoin is $ 62,362 based on data from Bitcoin.com Markets.
In fact, Kiyosaki reiterated his reason for investing in bitcoin on Friday, tweeting:
I like bitcoin because I don’t trust the Fed, the Treasury, or Wall Street.
His statement echoed the comment he made in August, stating that the main reason he invested in bitcoin, gold and silver was “because I don’t trust our leaders, the Fed, Treasury or Stock Market “.
What do you think of Robert Kiyosaki’s comments? Let us know in the comments section below.
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