'Rich Dad Poor Dad' Author Recommends Bitcoin as Tool to Get Rich While World Collapses
Analysis
Price Impact
HighRobert kiyosaki, a prominent author and financial educator, recommends bitcoin and ethereum as essential assets to accumulate before an impending global market collapse. his high-profile endorsement can significantly influence investor sentiment, potentially driving demand.
Trustworthiness
MedKiyosaki is a well-known figure, but his 'crisis-driven' predictions, while sometimes valid in concept, often lack precise timing or always materialize exactly as predicted. his advice leans towards long-term hedging against systemic risks.
Price Direction
BullishKiyosaki explicitly states that bitcoin and ethereum are reliable tools to hedge against market fall and grow wealth, suggesting a belief in their appreciation, especially during global instability and fiat currency weakening.
Time Effect
LongThe recommendation is framed within the context of hedging against a 'world collapse' and 'getting richer while the world gets poorer,' indicating a long-term investment strategy rather than a short-term trading opportunity.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News Popular Bitcoin advocate and the author of Rich Dad Poor Dad has issued warnings of the impending market crash to all investors across the globe, hinting that Bitcoin may be the savior they need. Advertisement In a recent X post on Nov. 29, Kiyosaki claimed that the end of Japan’s decades-long “carry trade” could trigger a rapid deflation in bubble-like global markets. While this poses a significant threat to the worldwide financial system, the Bitcoin trader warned that only those who reposition quickly will avoid being caught in the fallout. HOT Stories How Low Will Bitcoin Price Drop in 2025? Crypto Market Prediction: Can Ethereum Surge Toward $3,500 as Momentum Rebuilds? XRP's Bullish Reversal Targets $2, Dogecoin (DOGE) Eyes Fresh Upside Push Early Uber Investor Urges Tether to Sell Its Bitcoin Holdings Morning Crypto Report: XRP Unlocks Apple and Google Pay in 40 Countries, Shiba Inu (SHIB) Aims at 32% Upside, Bitcoin Options Spike to $13.1 Billion While Kiyosaki is known for his crisis-driven market predictions, he reaffirmed his long-held belief that traditional markets are headed for a major correction. With the looming downtrend rapidly drawing closer, Kiyosaki has called the attention of investors on the gradual evaporation of liquidity that has supported risk assets for years. Advertisement Kiyosaki cites perfect opportunity to buy Bitcoin and Ethereum While Kiyosaki’s statement has sparked a bit of fear among investors, he further emphasized that the situation presents an opportunity for investors to make proper financial decisions and not a dead end. According to Kiyosaki, gold, silver, Bitcoin and Ethereum are currently the most reliable tools to hedge against the impending market fall and grow wealth during global instability. Notably, Kiyosaki has urged investors to buy Bitcoin and Ethereum, explaining that the assets will offer protection when the world begins to get poorer. Kiyosaki hinted that capital will flow into hard assets as confidence in fiat currencies weakens, hence investors that accumulate Bitcoin and Ethereum can get richer while the world gets poorer. #Bitcoin #Ethereum #"Rich Dad, Poor Dad" Author Robert Kiyosaki #Gold