Robert Kiyosaki Says He’s Waiting in Cash to Buy Bitcoin – Asset Prices Fall, ‘Biggest Sale on Earth’ Coming – Markets and Prices Bitcoin News

Robert Kiyosaki Says He’s Waiting in Cash to Buy Bitcoin – Asset Prices Fall, ‘Biggest Sale on Earth’ Coming – Markets and Prices Bitcoin News

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, advised investors not to miss the “biggest sale in the world”. He said asset prices were falling and indicated he was waiting in cash to pick up bargains, including bitcoin.

Robert Kiyosaki is waiting to buy Bitcoin

Rich Dad Poor Dad author Robert Kiyosaki reiterated this week that he is waiting to buy bitcoin, noting that the “world’s biggest sell-off” is coming as asset prices fall.

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.

Noting that his “favorite 4-letter word is SALES,” Kiyosaki tweeted Monday:

Property bubble found by Pin. Property prices are falling. In cash waiting to pick up bargains, especially real estate and bitcoin… Don’t miss the world’s biggest sale.

At the time of writing, the S&P 500 is down 21% while the Nasdaq is down 29% so far this year. Moreover, rising interest rates have started to drive up mortgage costs and cool housing demand.

Kiyosaki warned many times about asset bubbles and market crashes. He he said March that we are in the “biggest bubble in world history,” noting that there are bubbles in stocks, real estate, commodities, oil, futures, and even bitcoin. In June of last year, he said that the biggest bubble in world history was getting bigger, predicting that “the biggest accident in world history” is coming.

A famous author has been waiting to buy bitcoin for a long time. He has said on several occasions that he plans to buy BTC when the bottom is in. When the largest cryptocurrency was trading for around $35k, he said yes waiting to buy it costs 24 thousand dollars. When bitcoin hovered around $30,000 in May, he said he was waiting for the price to drop even 9 thousand dollars. Last month, he revealed he was waiting to “test” bitcoin $1,100 before purchasing. “If it recovers, I’ll buy more. If it doesn’t, I’ll wait for the losers to ‘capitulate’ and then buy more,” he wrote on Twitter.

Kiyosaki also warned of what was to come depression, hyperinflationand civil unrest in the US In November last year, he said he was buying more gold, silver, bitcoin, ethereum, rental properties and oil as inflation escalated. He blames President Joe Biden and the Federal Reserve for inflation, predicting the US is sliding into recession. “The Fed will raise interest rates causing stocks, bonds, real estate and gold to crash,” he previously said warned.

The US Labor Department said on Wednesday that consumer prices rose 9.1% from a year earlier, the biggest annual increase since 1981. Meanwhile, more banks are predicting that the US economy will fall in recession this year.

What do you think of rich dad poor dad author Robert Kiyosaki’s comments? Let us know in the comments section below.

Robert Kiyosaki Says He’s Waiting in Cash to Buy Bitcoin – Asset Prices Fall, ‘Biggest Sale on Earth’ Coming – Markets and Prices Bitcoin News

Kevin Helms

An Austrian economics student, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His interests lie in bitcoin security, open-source systems, network effects, and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any product, service or company. does not provide investment, tax, legal or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods or services mentioned in this article.

(function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); = id;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));

Source link

Leave a Reply