Rich Dad Poor Dad author Robert Kiyosaki has stated that bitcoin is the easiest way to become a millionaire because the cryptocurrency “does the hard work.” He contrasted this with entrepreneurship, which requires significant intelligence, dedication, and luck. “That is why I love bitcoin,” he emphasized. Bitcoin Is the Easiest Route to Millionaire Status, Robert […]
Bitcoin News
Rich Dad Poor Dad Author Robert Kiyosaki Declares US Economy in a Depression
Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning that the U.S. economy is currently in a depression. He points to the subpar economic growth, with a 3.4% increase in GDP for Q4 2023 and a 1.6% rise in Q1 2024 as clear indicators. Kiyosaki asserts that a soft landing for the […]
Bitcoin News
Rich Dad Poor Dad Author Robert Kiyosaki Believes Bitcoin Price Will Reach $2.3 Million
Rich Dad Poor Dad author Robert Kiyosaki says he believes that the price of bitcoin will reach .3 million, citing a prediction by Ark Invest CEO Cathie Wood. Meanwhile, he said stock, bond, and real estate markets are “set to crash,” and he expects the U.S. to go bankrupt. Robert Kiyosaki Foresees Bitcoin Hitting .3 […]
Bitcoin News
Rich Dad Poor Dad Author Robert Kiyosaki Advises Buying as Much Bitcoin as You Can Afford
Rich Dad Poor Dad author Robert Kiyosaki has advised investors to buy as many bitcoins as they can afford, noting that China is in trouble and this is not the time to buy stocks and bonds. “This is the time to buy real gold, real silver, and as many bitcoin as you can afford,” he […]
Bitcoin News
Rich Dad Poor Dad Author Robert Kiyosaki: Bitcoin ‘on Fire’ — BTC Headed for $300K This Year
Rich Dad Poor Dad author Robert Kiyosaki says bitcoin is “on fire,” predicting that the crypto will hit 0K this year. Bitcoin surged to a new all-time high this week, fueled by soaring demand for spot bitcoin exchange-traded funds (ETFs). Robert Kiyosaki: Bitcoin Is on Its Way to 0K The author of Rich Dad Poor […]
Bitcoin News
Rich Dad Poor Dad Author Robert Kiyosaki Warns Stock and Bond Markets Are ‘About to Crash’
Rich Dad Poor Dad author Robert Kiyosaki has renewed his warning that the stock and bond markets are about to crash. “The stock market is climbing higher and higher. Suckers actually believe the economy is strong. Don’t be fooled,” Kiyosaki stressed. Recently, he cautioned that the next crash may turn into a depression.
Robert Kiyosaki’s Latest Market Crash Warning
The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with another warning that the stock and bond markets are about to crash. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
Kiyosaki wrote on social media platform X Friday: “The stock market is climbing higher and higher. Suckers actually believe the economy is strong. Don’t be fooled. The Magnificent 7 financed by U.S. government dollars keeps stock market up.” The famous author cautioned:
Please be careful. Stock and bond markets about to crash.
The Magnificent 7 stocks refer to seven mega-cap tech companies, namely Tesla, Meta, Alphabet, Amazon, Apple, Microsoft, and Nvidia.
Kiyosaki has made numerous warnings about impending market crashes. The renowned author has repeatedly stated that he doesn’t trust the Federal Reserve, the Biden administration, the Treasury Department, and Wall Street bankers. He has warned that our leaders will drive the U.S. economy into a depression and another war. He said in December last year that the next crash may turn into a depression.
Last month, Kiyosaki warned investors about the U.S. government’s ballooning debt, urging them to buy bitcoin. This week, he also explained why he owns BTC, emphasizing that the cryptocurrency protects “against the theft of our wealth via our money.” Following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), the famous author revealed that he increased his bitcoin holdings. He believes the BTC will soon hit 0K, advising investors to pay attention to the upcoming Bitcoin halving.
Do you think Rich Dad Poor Dad Dad author Robert Kiyosaki is right about the impending stock and bond market crashes this time? Let us know in the comments section below.
Renowned Finance Author Says Bitcoin Price Is Headed For $150,000, Reveals Catalyst
Renowned finance author Robert Kiyosaki has shared his thoughts on the future trajectory of the Bitcoin price. The author, who is no stranger to the crypto community, says that Bitcoin could rise to 0,000 while revealing what will spark this significant price surge.
What Will Spark Bitcoin’s Rise To 0,000
Kiyosaki hinted in a post on his X (formerly Twitter) platform that the Spot Bitcoin ETFs will be the catalyst for Bitcoin’s rise to 0,000. He, however, didn’t say exactly when Bitcoin will hit this price level as he only stated that it will happen soon. With this prediction, the author joins a growing list of persons who believe that the approval of these funds will be massive for Bitcoin.
Kiyosaki, who authored the best-selling book ‘Rich Dad, Poor Dad, also expressed his excitement at getting in on the flagship crypto token early. He expects Bitcoin’s value to keep rising as he says he will keep buying adding more BTC to his portfolio. He also made a case for Gold and Silver as Inflation continues to be at a high. According to him, the only “losers” are those who save “fake fiat US dollars.”
The renowned author, who happens to be an advocate of financial literacy, has always been outspoken about Bitcoin. At one time, he urged everyone to invest in the crypto token to avoid becoming poorer due to the actions of the government. He had also labeled Bitcoin as the “best protection” against a potential wave of hyperinflation.
What Bitcoin Is Saying On the Charts
Crypto analyst Ali Martinez has provided insight into Bitcoin’s trajectory from a technical analysis angle. Martinez mentioned in a post on his X platform that Bitcoin has established a solid support zone at ,000. This support level is said to be backed by 2.48 million addresses holding over 1.12 million BTC.
The analyst further stated that Bitcoin could potentially rise to as high as ,000 with no “major supply zones in sight.” However, the flagship crypto token will first need to breach the ,000 resistance. Once that happens, on-chain data suggests “a clear path ahead,” Martinez says.
In a subsequent post, the analyst also offered a bearish narrative as Bitcoin’s price could face a major correction. Martinez noted that the TD Sequential is currently flashing a sell signal on Bitcoin’s weekly chart. This indicator is said to be forecasting a correction that could last one to four weeks before the crypto token resumes its uptrend.
At the time of writing, Bitcoin is trading at around ,000, down over 1% in the last 24 hours according to data from CoinMarketCap.
Rich Dad Poor Dad Author Robert Kiyosaki Advises Investors to Pay Attention to Bitcoin Halving
Robert Kiyosaki, the author of Rich Dad Poor Dad, has advised investors to closely monitor Bitcoin’s upcoming halving, emphasizing that the event is fast approaching. The famous author recently revealed that he is billion in debt but does not see it as his problem. He further shared that he uses debt as money to buy assets, including bitcoin, emphasizing that he does not trust the U.S. dollar.
Robert Kiyosaki Urges Investors to Pay Attention to Bitcoin Halving
The author of Rich Dad Poor Dad, Robert Kiyosaki, has highlighted the upcoming Bitcoin halving in April as a key event for investors to watch. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
In a post on social media platform X Wednesday, the famous author explained that one contributing factor to the financial status of the poor and middle class is their social circle. “If you want to be rich it is essential to have rich friends or at minimum friends who want to be rich,” he suggested. Kiyosaki ended his post with a message about the upcoming Bitcoin halving. “A Bitcoin halving is fast approaching. Please pay attention to Bitcoin halving, gold, and silver in January, February, and March,” he wrote.
Kiyosaki has long recommended gold, silver, and bitcoin. He shared in an Instagram reel on Nov. 30 that he is more than billion in debt but he doesn’t see it as his problem. “Not my problem,” he said, adding: “If I go bust, the bank goes bust.” The famous author explained that he uses debt to buy assets while most people use debt to buy liabilities. “I drive a Ferrari and guess what, it’s paid off 100% because it’s a liability. I drive a Rolls‑Royce; it’s paid off 100% because it’s a liability. I use debt as money and I don’t save cash because in 1971 the dollar became debt,” Kiyosaki explained. “All the cash I make I convert to silver and gold,” he added, noting that “pretty soon it got to be a big problem which is why I own bitcoin also because I just don’t trust the fricking dollar.”
The coming Bitcoin halving and potential approval of spot exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) are fueling anticipation of a BTC price surge. Michael Saylor, Microstrategy’s executive chairman, predicts a doubling of demand post-halving. An analyst said in August last year that bitcoin halving could push the price of BTC to 0K. Other price forecasts include Pantera Capital‘s prediction of 8,000 and Fundstrat‘s 0,000 prediction.
What do you think about Rich Dad Poor Dad author Robert Kiyosaki’s advice? Let us know in the comments section below.
Rich Dad Poor Dad Author Robert Kiyosaki Shares How He Made Most of His Money
The famous author of Rich Dad Poor Dad, Robert Kiyosaki, has shared how he made most of his money. He stressed that the future of stock and bond markets will depend on startups in resources, not Silicon Valley technology startups, predicting that resources will be “the coming boom in the investment world.”
How Robert Kiyosaki Made Most of His Money
Rich Dad Poor Dad author Robert Kiyosaki has revealed on social media platform X how he made most of his money. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
The renowned author shared on Dec. 24 that the Vancouver Resource Investment Conference (VRIC) is coming up on Jan. 20-21, where he will be one of the keynote speakers, as per the event’s website. Explaining why he believes this event is the “most important investor conference for 2024,” Kiyosaki emphasized:
The future of stocks & bond markets will depend on startups in resources, not Silicon Valley technology startups. I have made most of my money in resources, not tech.
“I got my start as a startup at the VRIC 25 years ago,” he further revealed, adding: “I will be there. I invite you to join me at the VRIC, be part of the coming boom in the investment world, resources.”
The Vancouver Resource Investment Conference is organized by Cambridge House International, which specializes in organizing and promoting investment conferences for the resource sector. Cambridge House CEO and the host of the VRIC, Jay Martin, explained that over 300 junior mining companies will gather at the event “to showcase exploration and production of the most critical commodities the world needs to move forward in the 21st century.” He opined: “We are entering a new era of de-globalization. The trust that allowed for global trade over the last 30 years has shifted irreversibly … Demand for key resources will skyrocket.”
Kiyosaki described in an interview with Stockpulse at the VRIC last year: “This is where real money is made.” He detailed at the time: “I was one of these junior miners standing out there … and I learned more here than I ever did anything myself about entrepreneurship, business, international trade, global trade.”
The Rich Dad Poor Dad author advised: “If you are a young person, you keep learning, keep learning by real-life experience.” He stressed, “Don’t listen to fake teachers,” highlighting that college courses rely on textbooks, lacking the real-life experiences shared by miners at the conference. However, he cautioned that gold mining is a “tough business” and carries “higher risk.”
Noting that investors can look for valuable commodities at the conference, he emphasized:
The world runs on resources.
At the time, Kiyosaki said he was looking for three things at the conference: gold, silver, and copper. “I don’t own any copper. I own a lot of silver. I found a silver mine in Argentina and Yamana Gold [Canadian mining company] bought it from me,” he shared, adding that he took Trixie Mine in Utah public in July this year. “So, watch what I do, not what I say,” he recommended, pointing out: “I do own tons of gold and silver.”
The renowned author has consistently endorsed gold and silver as sound investments. Additionally, he advocates for bitcoin, asserting that these three assets are the best investments for unstable times. In November, he advised investors to buy bitcoin now before it’s too late. Furthermore, he previously disclosed the reasons behind his ongoing BTC purchases.
What do you think about Robert Kiyosaki’s advice and explanation of how he made most of his money? Let us know in the comments section below.
Rich Dad Poor Dad Author Robert Kiyosaki Recommends Buying Bitcoin ETFs
Rich Dad Poor Dad author Robert Kiyosaki has recommended buying bitcoin exchange-traded funds (ETFs). Warning that the global economy is slowing to a possible depression and the U.S. Treasury and Federal Reserve will print trillions in “fake dollars,” he urged investors: “Don’t be caught sleeping like most Americans. Take action now.”
Robert Kiyosaki and Spot Bitcoin ETFs
The author of Rich Dad Poor Dad, Robert Kiyosaki, has suggested investing in bitcoin exchange-traded funds (ETFs) for investors who prefer this approach over direct investment in bitcoin. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
On Tuesday, Kiyosaki posted on social media platform X, expressing concern about the Cardboard Box Index, an indicator used by some investors to assess consumer goods production, which he claims is crashing. Kiyosaki stated that shoppers have ceased shopping, indicating a potential global economic downturn that could result in a depression. He anticipates that the Treasury and Federal Reserve will respond by printing trillions in fake dollars.
In response to these concerns, the renowned author recommended his usual choices of gold, silver, and bitcoin. He highlighted the rising price of gold and the relatively low cost of silver. Additionally, Kiyosaki suggested considering a bitcoin ETF as an alternative. In conclusion, he urged investors to take immediate action and avoid being caught off guard, emphasizing the need for proactive measures.
This isn’t the first instance of Kiyosaki warning about a potential depression. In July, he predicted that a depression is coming. In February, he cautioned about an impending giant crash, stating that a depression is possible. He projected that by 2025, gold would be valued at ,000, silver at 0, and bitcoin at 0,000. Kiyosaki attributed these predictions to the anticipated loss of faith in the U.S. dollar, which he refers to as “fake money.” In his perspective, gold and silver are regarded as “God’s money,” while bitcoin is seen as “people’s money.”
Kiyosaki did not specify the type of bitcoin ETFs he recommends. In the U.S., there are futures bitcoin ETFs but the U.S. Securities and Exchange Commission (SEC) has yet to approve a spot bitcoin ETF. SEC Chairman Gary Gensler recently revealed that the securities regulator is considering between eight and 10 spot bitcoin ETF applications. Recently, a former NYSE president said he expects money to flood into the crypto industry with spot bitcoin ETF launches. Microstrategy chairman Michael Saylor expects demand for bitcoin to double after the halving and the approval of spot bitcoin ETFs.
What do you think about the advice by Rich Dad Poor Dad author Robert Kiyosaki? Let us know in the comments section below.