Robert Kiyosaki, investor and entrepreneur, additionally famed because the author of the favored e book on monetary literacy known as “Rich Dad Depressed Dad”, has addressed his diverse followers on the X platform to send them a needed message on what’s happening in the markets now.
While they are crashing, he quiet sees a probability for traders and entrepreneurs.
“Inventory market crashes. Here’s your flip to fetch richer”
Kiyosaki has tweeted that the stock market atomize has arrived. On Friday, the Dow Jones index crashed by 600 facets, the Nasdaq plunged by 2.4%, the S&P 500 slipped 6% from its only in the near previous achieved all-time high.
Robert Kiyosaki reminded his 2.1 million followers on X (previously is believed as Twitter) that he had been predicting this atomize in his more than one tweets issued exact thru the previous couple of years. The author of “Rich Dad Depressed Dad” continuously warned that a atomize will most doubtless be coming quickly.
As many rep warned….the stock market atomize has arrived. Losses are mighty.
Rich dad taught his son and me when markets are crashing is the time the rich fetch richer….buying resources at prick rate basement orices.
Markets are crashing. Gigantic records. Asset markets are having…
— Robert Kiyosaki (@theRealKiyosaki) August 2, 2024
Realistic some of the ways to behave now, he said is to make employ of a bet to fetch rich which, he believes, has emerged now’s to commence “buying resources at prick rate basement prices.” He admitted that losses that many traders and companies are going thru now are “mighty.”
He referred to his aforementioned e book and mentioned that “Rich dad taught his son and me when markets are crashing is the time the rich fetch richer” using the advice from above.
Bitcoin to $350,000 in August
In early June, Robert Kiyosaki bowled over the crypto community by making an heavenly prediction as to how high he expects the arena’s flagship cryptocurrencies to skyrocket this yr. Kiyosaki tweeted that he expects Bitcoin to spike to the $350,000 level.
He defined that this became no longer if truth be told a prediction but reasonably his “aim, a dream, and a wish.” Curiously, he additionally printed that he became holding and buying no longer finest Bitcoin but additionally leading altcoins, in explicit – Ethereum and Solana.
Kiyosaki has been actively tweeting about Bitcoin since at the least 2020, when the pandemic landed, and he kept accusing the US authorities of printing “false” US dollars to bolster the financial system. This yr, the monetary guru has been giving one other mighty explanation for his Bitcoin surge expectations – the size of the US nationwide debt (by now) has reached a staggering $35 trillion.
