Robert Kiyosaki of Rich Dad Poor Dad sees a “very good” future for Bitcoin and plans to buy more BTC after the next pull-out – markets and prices Bitcoin News
Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad, now says the future of Bitcoin is “very bright” after predicting a “huge stock market crash” that could also weigh on the crypto market. He further announced that he is waiting for the next pullback before investing more in Bitcoin.
Bitcoin’s future is “very bright,” says Kiyosaki
Famous 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’s been on the New York Times bestseller list for over six years. More than 32 million copies of the book have been sold in over 51 languages in more than 109 countries.
Kiyosaki tweeted on Friday:
Hooray. Bitcoin rises above $ 60,000. Future very bright. Celebrate but be careful. I am waiting for a pullback before investing more.
While the famous investor has been recommending Bitcoin for a long time, he predicted that October would be a “huge stock market crash” and added that gold, silver and Bitcoin could crash too. In July he warned: “The biggest bubble in world history is getting bigger. The greatest crash in world history is coming. “
Nonetheless, he saw Bitcoin as the investment with the greatest upward trend and stated that “with the dollar falling, Bitcoin and silver are the best investments”. In August, he tweeted that America would “go bankrupt” and recommended that investors “keep buying gold, silver and bitcoin”.
At the time of writing, Bitcoin is priced at $ 62,362 based on data from Bitcoin.com Markets.
Bitcoin price chart. Source: Bitcoin.com Markets.
Additionally, on Friday, Kiyosaki reiterated his reason for investing in Bitcoin, tweeted:
I love Bitcoin because I don’t trust the Fed, Treasury Department, or Wall Street.
His statement echoed his August comment stating that the main reason he invested in Bitcoin, gold and silver was because “I don’t trust our leaders, the Fed, the Treasury or the stock market”.
What do you think of Robert Kiyosaki’s comments? Let us know in the comment section below.
Kevin Helms
Kevin, a student of Austrian economics, found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the interface between economy and cryptography.
Photo credit: Shutterstock, Pixabay, Wiki Commons
Disclaimer of liability: 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 for any product, service, or company. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Comments are closed.