Robert Kiyosaki is confident that Bitcoin will help weather the financial collapse
Robert Kiyosaki remains convinced that the world is about to experience one of the greatest monetary disasters in history. However, he said, Bitcoin will help people keep their savings.
The author of the book “Rich Dad Poor Dad” once again reached out to his Twitter followers, urging them to take care of their financial well-being amid the upcoming disappointing events. The main cryptocurrency on the market, as Kiyosaki assures, will remain one of the few assets that will help people get through "hard times." Among others, he also named gold and silver.
Earlier in May, Kiyosaki predicted a drop in Bitcoin to $24,000. However, after some time on his YouTube channel, he changed the forecast, “moving” it to $28,000, announcing that he intends to buy even more coins in the downturn.
The author's expectations came true on June 22, when the asset fell to $28,900 amid news of a total ban on mining in key energy provinces, which provoked an “exodus of miners” from the country.
Kiyosaki rightly pointed out that the best way to prepare for an accident is before the accident, saying that a crash is the best time to get rich. As a downside, he also noted that this "accident" could be one of the longest. It is not known whether the writer hinted at the second "crypto winter" or not.