“Savers Are Losers”, Invest in Bitcoin Says Rich Dad Poor Dad Author Robert Kiyosaki

2 years ago

"Savers Are Losers", Invest successful Bitcoin Says Rich Dad Poor Dad Author Robert Kiyosaki 4

TL;DR

“Savers are losers,” states Rich Dad Poor Dad writer Robert Kiyosaki connected his authoritative Twitter relationship @therealkiyosaki
Mr. Kiyosaki has noted that specified marketplace crashes volition marque savers the biggest losers.
Mr. Kiyosaki has antecedently predicted that Bitcoin mightiness find a bottommost astatine $17,000 oregon $11,000.

Robert Kiyosaki, the writer of the fashionable publication Rich Dad Poor Dad, stated connected his authoritative Twitter relationship @therealkiyosaki that helium believes “savers are losers.” The pursuing look was besides utilized successful his investing publication Rich Dad Poor Dad, wherever the mediocre dad’s wont is redeeming money. “A dollar saved is simply a dollar earned,” his mediocre dada utilized to say, according to Rober Kiyosaki, not realizing that aft 1971 his dollar was nary longer money. Since Richard Nixon changed the rules of wealth successful 1971, the dollar ceased to go wealth and became a currency according to Kiyosaki,

Following this, Kiyosaki states that today’s US indebtedness is successful 100s of trillions, and existent ostentation stands astatine 16%, not 7%. He states that the FED’s summation successful involvement rates volition destruct the US economy.

SAVERS ARE LOSERS. 25 years ago, successful RICH DAD POOR DAD I stated savers are losers. Today, US indebtedness successful 100s of trillions. REAL INFLATION is 16% not 7%. Fed raising involvement rates volition destruct US economy. Savers volition beryllium biggest losers. Invest successful REAL MONEY. Gold, metallic & Bitcoin.

— therealkiyosaki (@theRealKiyosaki) September 16, 2022

Robert Kiyosaki predicted successful May this twelvemonth that Bitcoin’s bottommost whitethorn beryllium successful astatine $17,000 oregon adjacent little astatine $10,000.

Bitcoin’s terms presently sits astatine $19,821.82 according to information from CoinGecko, having plummetted arsenic debased arsenic $17,627.3 earlier this year.

Is the Bitcoin Bottom In?

In galore semipermanent concern charts, Bitcoin has reached oversold levels, specified arsenic the Bitcoin Investor Tool: 2-Year MA Multiplier. The chart’s intent is to item the periods erstwhile buying oregon selling Bitcoin would person produced outsized returns. Buying Bitcoin wherever the terms has dropped beneath the 2yr MA (green line) has historically generated outsized returns for investors. Bitcoin’s terms is presently sitting beneath the greenish line.

"Savers Are Losers", Invest successful Bitcoin Says Rich Dad Poor Dad Author Robert Kiyosaki 2

Another illustration that indicates oversold levels are the Bitcoin Rainbow Price Chart Indicator. According to this indicator, Bitcoin is presently sitting successful “Fire Sale” mode.