He became famous with his book “Rich Dad Poor Dad”. Robert Kiyosaki thinks that the US Dollar may collapse by January, noting that it is an important buying opportunity for Bitcoin and the two commodities.
Kiyosaki, who shared three assets he called “safe harbor” in his post on his Twitter account; bitcoinshared remarkable forecasts for gold and silver. He stated that according to Kiyosaki, as the US dollar gets stronger, it will continue to fall and that the “FED” has proven its value once again, and that they will begin to lower interest rates.
BUYING OPPORTUNITY: if FED continues raising interest rates US $ will get stronger causing gold, silver & Bitcoin prices to go lower. BUY more. When FED pivots and drops interest rates as England just did you will smile while others cry. take care
— therealkiyosaki (@theRealKiyosaki) October 2, 2022
In the post he shared the previous day, Kiyosaki suggested that this “return” could happen in January 2023, which will “collapse” in a similar way to the recently collapsed British pound of the US dollar.
“Will the US dollar follow the British pound? I believe that will happen.” Kiyosaki added that ***** (he used an insulting expression here) would not be a victim of the FED.
Koinfinans.com As we have reported, Kiyosaki, referring to the coins printed in response to the COVID-19 pandemic since May 2020, shared Bitcoin purchase messages and claimed that I had passed through this path of individual salvation. According to Kiyosaki, the Fed is not in a position to manipulate Bitcoin.
Interestingly, Kiyosaki’s love of Bitcoin was also noted in a recent interview with Rich Dad, despite not believing that Bitcoin has any value. The author seems to be standing behind Bitcoin again in his latest tweet.
“FEDWhen the UK rolls and lowers interest rates like the UK did, you’ll smile while others cry.”
In a letter to his subscribers in September, Kiyosaki reiterated the need to invest in digital assets now to generate big returns in the long run:
“WANTING to get into the crypto business is not enough […] Before the biggest economic crash in history, now is the time you NEED to get into crypto.”
GBP/USD, EUR/USD and JPY/USD are down 18.24%, 15.54% and 23.33% respectively, while the US dollar continues to gradually strengthen against other major global currencies over the past year, according to Trading Economics.
You can follow the current price action here.
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.