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❕NEWS Rich Dad Poor Dad author says that he is going to buy bitcoin and ethereum ,as the economy is screwed

Josemendez

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According to news gathered from dailyholdl . The author of rich Dad poor dad , Robert Kiyosaki says that he is going to buy bitcoin , and ethereum as the economy seems to be on the downtrend .

He believes that investing in cryptocurrency will help him to survive the crumbling economy.
What do you think about his view on cryptocurrency ?
 

Wisdom01

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He is right actually , because most especially during this time of the pandemic that some country currency have devalued , its best to invest in crypto to protect your wealth
 

Josemendez

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He is right actually , because most especially during this time of the pandemic that some country currency have devalued , its best to invest in crypto to protect your wealth
True . Many people will benefit from cryptocurrency as an asset in the long run and this will help them survive the crumbling economy of their country
 

Wisdom01

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True . Many people will benefit from cryptocurrency as an asset in the long run and this will help them survive the crumbling economy of their country
Even inflation too because there wont be too much money money in the circulation , but its so unfortunate that some people don't really know about this i think
 

Josemendez

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Even inflation too because there wont be too much money money in the circulation , but its so unfortunate that some people don't really know about this i think
Some are aware of it but due to lack of knowledge , they are scared of investing in it , believing that their money will be lost from it .
 

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I completely agree with him, Mainly due to the pandemic effect. It has totally devalue some countries currency while we have seen a great increase in the value of crypto currencies.
 

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I completely agree with him, Mainly due to the pandemic effect. It has totally devalue some countries currency while we have seen a great increase in the value of crypto currencies.
The only challenge is that some countries are still finding it hard to adopt cryptocurrency or at least allow their citizens to use it to their best interest.
 

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He is one out of millions who is seeing crypto currency as a medium to escape economy meltdown. With his reputation as a financial advisor, it will aid in bring more investors into the system.
 

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I completely agree with him, Mainly due to the pandemic effect. It has totally devalue some countries currency while we have seen a great increase in the value of crypto currencies.
Pandemic have shown a lot of hinderance instead of government to use cryptocurrency as a means to help the economy , they want to ban it
 

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I have read Robert kiyosarki's books over the years and the man has solid knowledge in the financial sector. Deals with real estate and stock. So if he is in support, I see many of his mentee joining the wagon very soon.
 

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I have read Robert kiyosarki's books over the years and the man has solid knowledge in the financial sector. Deals with real estate and stock. So if he is in support, I see many of his mentee joining the wagon very soon.
Yeah , if someone like him can publicly declare support for bitcoin , then I think he has seen future with bitcoin which is something good for investors
 

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I remember that he made an extensive illustration of how gold investments came and some people were reluctant and lost out in his preaching on the benefits of bitcoin investments and I totally agree with him that it is futuristic and wise to have investments in bitcoin.
 

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Why would they be even scared i think if they should make more research they would really take crypto very important and invest in it
I think a very large population still do not understand how to take profit from digital assets like crytpocurrency.How can one make money in lets say $20 dollars if he want to buy assets in crypto?
 

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I remember that he made an extensive illustration of how gold investments came and some people were reluctant and lost out in his preaching on the benefits of bitcoin investments and I totally agree with him that it is futuristic and wise to have investments in bitcoin.
what types of investments can be made in bitcoin apart from holdling i think that we really have to research extensively from financial advisors and brokers how we can leverage this No one with a mere capital of less than $100 can make a good profit with ease as most of the money will be depleted on just swapping coins.Most of the people do not uually get conclusive information on such type of investments and assets.
 

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I think a very large population still do not understand how to take profit from digital assets like crytpocurrency.How can one make money in lets say $20 dollars if he want to buy assets in crypto?
Is it $20 profit from bitcoin trading you mean , because its really depends on the amount you invest if you are willing to make more profit
 

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Is it $20 profit from bitcoin trading you mean , because its really depends on the amount you invest if you are willing to make more profit
That is precise to the point , someone will just read about this and assume that all you need is to buy bitcoin without putting into consideration the right time to buy, how much to buy. Because investing $20 will not yield you that much when you want to hold.
 

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That is precise to the point , someone will just read about this and assume that all you need is to buy bitcoin without putting into consideration the right time to buy, how much to buy. Because investing $20 will not yield you that much when you want to hold.
Yeah if someone wants to earn very well from bitcoin the person needs to invest up to $500 at least and i am sure the person would make more profit, $20 is really small
 

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I think today is a good time to buy some Cryptocurrency since the prices are dropping.. it won't stay there so short term investors csn take advantage.. i do!
 
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