Robert Kiyosaki says now is the time to become rich as the 2013 market crash begins
Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, informed his followers that now is the moment to become wealthy since the massive market meltdown he had previously foretold had arrived. In a tweet on August 29, Kiyosaki provided the recommendation.
Robert Kiyosaki said in a tweet earlier today that he released the “Rich Dad Prophecy” in 2013, in which he predicted a market drop more destructive than the 2008 financial crisis.
According to Kiyosaki, the predicted catastrophic collapse has arrived. The annihilation of millions of people is perhaps the most ominous indication that the situation is deteriorating. Kiyosaki urges investors to become wealthy rather than among those who lose money.
Kiyosaki, a real estate magnate and precious metals investor, is an outspoken supporter of bitcoin and routinely recommends the public purchase the leading cryptocurrency. In a recent tweet, the famous author challenged investors to adopt a new attitude if they want to become wealthy.
August has been marked by renewed concerns about the status of the global economy. For instance, the U.S. Federal Reserve has lately intensified its efforts to aggressively raise interest rates to combat inflation. The cost of living in the United Kingdom reached a 40-year high of 10.1% last month, marking the first time in the post-coronavirus era that a major country has recorded double-digit inflation rates.
After bitcoin fell below $20,000 last week, widespread concerns about a further decline arose. After taking a big knock in recent months, the global crypto market capitalization is now around $1 trillion – about 60% below its November 2018 record of $3 trillion.
After the recent devastation, the next several days will provide investors with a better sense of the future of cryptocurrencies. However, nobody can accurately anticipate the future price of cryptocurrencies. I propose that we focus on the impending Ethereum Merge, which will rewrite the blockchain’s fundamental consensus system since this appears more interesting now.