Robert Kiyosaki, author of the book "Rich Dad, Poor Dad" and famous investor, considers the collapse of the markets as an opportunity. Kiyosaki, who continues to instill hope in investors despite the recent sharp declines, reiterated his confidence in cryptocurrencies such as Bitcoin. In his view, market crashes present an opportunity for the rich to get even richer.
Kiyosaki's Market Warning and Investment Advice
Robert Kiyosaki, one of the important names in the investment world, continues to give important messages about the latest fluctuations in the markets. Stating that despite the significant declines in the indices, it offers great opportunities to investors and entrepreneurs, Kiyosaki calls on his followers to take action. On Friday, the Dow Jones Index fell by 600 points, the Nasdaq by 2.4% and the S&P 500 by 6% from its last record level. While these developments made investors nervous, Kiyosaki's statements attracted attention.
In his statement on Twitter, Kiyosaki acknowledged the collapse and huge losses in the markets, but said, "My rich father taught me and my son that when the market crashes, the rich get richer and buy assets at discounted prices." Kiyosaki stated that he had been predicting this collapse for the last few years and had warned his 2.1 million followers about it many times.
Surprising Predictions for Bitcoin
Kiyosaki predicted in June that the Bitcoin price could rise to $350,000 this year, and explained that this was not a prediction, but a goal, dream and wish. Emphasizing that he invests in leading altcoins such as Ethereum and Solana in addition to Bitcoin, Kiyosaki encourages adopting a positive perspective amid financial difficulties. He sees this period as an excellent time to invest in depreciated assets.
Kiyosaki's recommendations reflect one of the core tenets of his financial philosophy: viewing market declines as opportunities to acquire valuable assets at lower prices. With this approach, it encourages investors to focus on long-term gains rather than focusing on short-term losses. He frequently tweeted about Bitcoin during the pandemic period in 2020 and accused the US government of printing “fake” dollars to support the economy. He bases his prediction that Bitcoin will rise this year on the national debt of the USA, which exceeds 35 trillion dollars.
While Kiyosaki's statements sparked controversy in the investment world, they aroused great interest among his followers. Despite different views on the future of the markets, Kiyosaki's recommendations as an experienced investor are taken into consideration by many. As Kriptokoin.com, we would like to remind you that Kiyosaki gave clues about the 2008 crash in his book and therefore he is known as the crisis prophet.
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