He became famous during the ‘mortgage crisis’ in 2008 and the wealth he gained through real estate investments in the 90s. Robert Kiyosaki, came to the fore again with his book “Rich Dad, Poor Dad”. Kiyosaki, who has been sharing on Twitter for a while, announced that he is now far from investing in real estate, instead of his investments. Here are the details.
Buy Bitcoin Instead of Real Estate!
Kiyosaki is no longer real estate bitcoinHe also gave the same advice to his followers on Twitter, stating that he preferred gold and silver, which are the most precious metals, as well as .
Noting that Kiyosaki explained the reason for this choice in his previous book titled “Capitalist Manifesto”, he did not neglect to advertise himself.
Why I NO LONGER recommed REAL ESTATE. In my 2022 book Capitslist Manifesto, I stated Marxist took over the US in the 2020 election. Marxists will raise property taxes, impose rent controls, as rising interest rates decrease property values. I recommend gold, silver, Bitcoin.
— therealkiyosaki (@theRealKiyosaki) October 15, 2022
Koinfinans.com As we have reported, Kiyosaki stated in his book that the newly elected US government intends to increase property taxes and implement rent control; He stated that since 2020, real estate investments have become more difficult. He also stated that the frequent interest rate increases this year will decrease the value of the real estate.
But none of these issues are applicable to Bitcoin.
In an earlier tweet, Kiyosaki shared that Bitcoin became more important than ever as the US economy collapsed, with stock markets heading in the same direction as pensions and unemployment soaring.
Adding that Bitcoin will not protect one’s income at the moment, but it can protect one’s wealth, the author also shared his approach to this issue.
Overall, Kiyosaki claimed that he had predicted the collapse of the current economy since the 1990s, adding that the current situation was also exacerbated during the 2008 crisis, when the US government began to print money and subsequently printed more than $6 trillion. According to the author, the onset of the pandemic made everything much worse.
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.