Author of “Rich Dad, Poor Dad” warns of Bitcoin’s imminent crash

Robert Kiyosaki, the famous author of the book “Rich Dad, Poor Dad”, warned the public with a pessimistic prediction for the next Valentine’s Day, which will be celebrated on February 14 in the US.

In his view, the date could mark a real bloodbath in the financial markets, comparing the situation to Al Capone’s mafia days in the 1920s.

This is because on Tuesday (14) the latest consumer price index in the United States will be released, which will indicate the future direction of the monetary policy of the US central bank (Fed, acronym in English) and will directly affect the prices of financial assets, including cryptocurrencies.

Kiyosaki expects all asset prices to fall, including his favorite investments such as gold, silver and Bitcoin. However, he urges people not to panic, as falling financial markets can present opportunities to buy certain assets in exchange for “fake” dollars.

“CRASH is here. Silicon Valley’s first dominoes fall, with 144,000 falling in 2022. 66,000 more in 2023. VALENTINE’S DAY MASSACRE predicted by Stansberry Research. Everything will collapse including gold, silver, BC prices. Do not panic. Good news. I will buy more G,S,BC real money with counterfeit US$.” he said the author on Twitter.

general crash

Kiyosaki’s pessimistic forecast has sparked much anticipation among investors and financial analysts. While falling financial markets can be an indicator of economic uncertainty, it’s important to remember that it can also present opportunities for those willing to take calculated risks.

However, it’s important to point out that Kiyosaki is known for his controversial approach to investing and personal finance, and not everyone agrees with his views.

In conclusion, next Tuesday (14th) may be a date to be watched closely by investors and financial analysts.

Robert Kiyosaki’s pessimistic forecast is just one of many opinions about the future of the financial markets, and it’s important to consider all factors before making any investment decisions.

Bitcoin and cryptocurrency

The famed author of one of finance’s bestsellers has spoken out about his financial and investment views. He believes that gold, silver and bitcoin are real money, while the US dollar is fake money.

It has also repeatedly warned of potential market crashes, including the largest crash in world history due to interest rate hikes by the Federal Reserve.

The author predicted the fall of the US dollar and stated that we are currently in a global recession, with increasing bankruptcies, unemployment and homelessness. He advised investors to get into the cryptocurrency market, especially bitcoin, before the biggest crash in history.

Kiyosaki is a bitcoin investor and claims to be buying more and more into the digital currency, but he has warned that the US SEC could crush most other cryptocurrencies.

Known for his strong and independent views on finance and investing, many look forward to seeing how his predictions play out in the future.

Source: Live Coins

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