Taking to the social media platform X, Kiyosaki acknowledged the commencement of a “bad” crash but also highlighted the potential for wealth accumulation during such periods. He warned against the devaluation of fiat currencies, such as the US dollar, Euro, Yen, and Peso, and encouraged his followers to view the crash as a potential turning point in their financial journey.
“DON’T SAVE MONEY: Fake money (US dollar, Euro, Yen, Peso) goes down in value. Save gold, silver, Bitcoin, real money that goes up in value, especially in a market crash. TAKE CARE and make this CRASH the best thing that ever happened to you,” Kiyosaki said.
In his social media post, Kiyosaki outlined six rules to follow during a market crash. These included refraining from making impulsive investment decisions, seeking out reliable sources of information, surrounding oneself with like-minded individuals, starting a side business, choosing the right mentors, and investing in assets that retain or increase in value, such as gold, silver, and Bitcoin.
In a recent social media post, Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has shared his investment strategy for navigating the ongoing Bitcoin market crash. Kiyosaki, known for his insights on personal finance and wealth accumulation, highlights the potential for wealth growth during periods of market downturns.
Addressing the current market situation, Kiyosaki acknowledged the commencement of a “bad” crash but also pointed out that such downturns present unique opportunities for wealth accumulation. He cautioned against the devaluation of fiat currencies like the U.S. dollar, Euro, Yen, and Peso and encouraged his followers to view the crash as a potential turning point in their financial journey.
Kiyosaki’s advice comes amid the ongoing Bitcoin market crash, which has led to significant fluctuations in the cryptocurrency’s value. This period of uncertainty has raised concerns among investors and financial experts alike, with some predicting further declines. However, Kiyosaki encourages individuals to view these market downturns as opportunities for growth and wealth
Kiyosaki’s insights come at a time when the cryptocurrency market is experiencing significant volatility, with Bitcoin’s value fluctuating dramatically. The author’s emphasis on the importance of adopting a long-term investment strategy and maintaining a diverse portfolio resonates with many investors who are seeking ways to navigate the turbulent market.
As the global economy continues to grapple with the impact of the COVID-19 pandemic, the devaluation of fiat currencies has become a growing concern for investors. Kiyosaki’s advice to focus on assets that
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