Robert Kiyosaki, the best-selling author of “Rich Dad and Poor Dad,” now says that the future of Bitcoin is “very bright”. He previously predicted a “huge stock market crash”, which could also hit the cryptocurrency market. He further revealed that he is waiting for the next correction before investing in more bitcoins.
Kiyosaki says the future of Bitcoin is “very bright”
The well-known author and investor Robert Kiyosaki said last week that the future of Bitcoin is “very bright.” “Rich Dad and Poor Dad” is a book co-authored by Kiyosaki and Sharon Lecht in 1997. It has been on the New York Times bestseller list for more than six years. The book has sold more than 32 million copies in more than 109 countries/regions in more than 51 languages.
Kiyosaki wrote on Twitter on Friday:
Long live. Bitcoin rose to more than $60,000. The future is bright. Celebrate but be cautious. I am waiting for a callback before investing more.
Although the well-known investor has recommended Bitcoin to investors for some time, he predicts that there will be a “huge stock market crash” in October, adding that gold, silver and Bitcoin may also crash. In July, he warned: “The biggest bubble in the history of the world is getting bigger and bigger. The biggest crash in the history of the world is coming.”
Nevertheless, he believes that Bitcoin is the investment with the greatest upside, and pointed out that “As the U.S. dollar depreciates, Bitcoin and silver are the best investments.” In August, he tweeted that the United States was “bankrupt” and suggested Investors “continue to buy gold, silver, and bitcoin.”
At the time of writing, according to Bitcoin.com Markets, the price of Bitcoin is $62,362.
In addition, Kiyosaki reiterated his reasons for investing in Bitcoin on Twitter on Friday:
I like Bitcoin because I don’t trust the Federal Reserve, the Treasury, or Wall Street.
His statement echoed his comments made in August, stating that the main reason he invested in Bitcoin, gold and silver was “because I don’t trust our leaders, the Federal Reserve, the Treasury, and the stock market.”
What do you think of Robert Kiyosaki’s comments? Let us know in the comments section below.
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