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[SCAMEXPOSER]

The author of best-selling book Rich Dad Poor Dad.Robert Kiyosaki, revealed on Twitter last week that he was buying more bitcoin (BTC) and ethereum (ETH) in response to the alarming rise in inflation. "Inflation is a tax on the poor and middle class. Inflation makes the rich richer,. He further said that be smart and become rich by investing in gold, silver, bitcoin, ethereum, rental real estate and oil.
This is safe form of investment in my opinion because it is both digital and physical investment.

 

[Brain]

He can't be the author of such an incredible book and wouldn't be able to invest profitably. Yes inflation tells more on the poor but favors the rich. But then , the rich nedds to take advantage of credits that can help them live above board by investing in creditable ventures. Like you have listed above people needs to invest in real estate, crypto currency and gold.

 

[Brain]

That's a safe form of investment since he bought when the market went through a dip,he would make gains with it

Thats why he made the investment and even calling on others to do same. Yes he will make more money in future when the price must have risen more and it will be like a safe haven ad you have rightly stated where the money would have appreciated instead of depreciating. Other countries need to emulate this, same with individuals it is good to invest in what will bring a good return on investment

 

[Wisdom01]

He is right as inflation starts looming , it would really affect the amount you have in your account , that's why it's really good for you to invest in cryptocurrency ,so your flat currency value won't be really affected by inflation in different way and methods , so buying and storing more Bitcoin is really an important thing to note and consider too in cryptocurrency development

 

[SCAMEXPOSER]

I think most traditional currencies that losing value as fast as possible across the world except for a few countries with vibrant economy and those countries that were able to recover fully from the corner pandemic such as China all the ones where inflation is a bit minimum. United States is also facing the same challenge so cryptocurrency investment remains an option that is inevitable for people that knows the opportunity in it.

 

[Balint098]

I don't think you can use Crypto to beat inflation. Yes, you can hedge crypto against the more traditional investments to weather out the uncertain economic conditions we're all experiencing today, but crypto can't really slow down nor stop inflation.

 

[SCAMEXPOSER]

I don't think you can use Crypto to beat inflation. Yes, you can hedge crypto against the more traditional investments to weather out the uncertain economic conditions we're all experiencing today, but crypto can't really slow down nor stop inflation.

it depends because if the value of cryptocurrencies keeps rising that means it will step down inflationary because the value of money will definitely keep rising and if you have for instance you have $10 yesterday thing cryptocurrency and few days later it turns to $30 that value of money has increased and it's be able to buy more things at the same price.

 

[Mariappa45]

What the award winning book writer said is true. Because the rich gets richer when inflation hits, since they've invested in all this assets that isn't affected by inflation rather curb effects of inflation, they can simply see value in their assets and flip some for profit to sponsor more if their wants.

 

[btaliat]

I am not that surprised, Robert has always being business oriented and he does invest in trending business. He has studied the market to realize that the only way to beat the inflation in one's country is to invest in crypto. When the inflation goes down, your crypto coin must have fetched you some profits. And to make the matter easier, there is slight bearish moment now which will make it easier to accumulate more coins.

 

[CyberPreNurse]

Robert kiyosaki is really trying with giving updates about crypto currencies and investments generally. He only started getting into crypto currencies last year and have since been a massive supporter and I believe he is going to be able to influence any crypto currency just like Elon musk is doing.

 

[Styleplus]

One of my mentors when it comes to financial wealth,well crypto currency is a different ball game entirely even the whale Investors lost. If he had bought at that time he will definitely be sinking in the dip at the moment because Bitcoin is currently falling and I know how many people would have purchased the coin hearing his motive.

 

[Duduyemi]

The author of best-selling book Rich Dad Poor Dad.Robert Kiyosaki, revealed on Twitter last week that he was buying more bitcoin (BTC) and ethereum (ETH) in response to the alarming rise in inflation. "Inflation is a tax on the poor and middle class. Inflation makes the rich richer,. He further said that be smart and become rich by investing in gold, silver, bitcoin, ethereum, rental real estate and oil.
This is safe form of investment in my opinion because it is both digital and physical investment.

But despite the claim that bitcoin is a force against inflation! I still don't see how bitcoin can be use to fight inflation. Because if inflation is a tax on the poor and middle class, does that mean the rich is not affected by this inflation of a thing. And bitcoin now is for bigger players is no longer an investment opportunity for the poor.

 

[SCAMEXPOSER]

But despite the claim that bitcoin is a force against inflation! I still don't see how bitcoin can be use to fight inflation. Because if inflation is a tax on the poor and middle class, does that mean the rich is not affected by this inflation of a thing. And bitcoin now is for bigger players is no longer an investment opportunity for the poor.

Inflation is a tax on people rather continuous increase in the price of goods and services there by making the traditional currency to loose it value but with bitcoin provided the market is favorable inflation won't have effect on it value.

 

[Duduyemi]

Inflation is a tax on people rather continuous increase in the price of goods and services there by making the traditional currency to loose it value but with bitcoin provided the market is favorable inflation won't have effect on it value.

Ok.... When we refer to tax, is not as if this tax is only on the poor and middle class income earners, its also include the rich, now bitcoin price is too high and unaffordable for even a middle class to acquire but the rich can still afford bitcoin. How is bitcoin favourable to the poor or middle class whereas they are unable to afford it?. And when it come to inflation how does bitcoin balance the equation between the poor and the rich.

 

[magnus2022]

I have stopped listening to all these celebrities because it seems they have inferior motives. Like Elon Musk that hype Dogecoin for his own personal aggrandizement. Now, I personally make my own analysis and stick to it. Sometimes, I discovered that my analysis seems to be better than most of the hype personalities.

 

[Wisdom01]

I have stopped listening to all these celebrities because it seems they have inferior motives. Like Elon Musk that hype Dogecoin for his own personal aggrandizement. Now, I personally make my own analysis and stick to it. Sometimes, I discovered that my analysis seems to be better than most of the hype personalities.

Glad you have learnt your lesson and now making only your own analysis , because many have been investing because of the coins infulenced by just social media hype , some got their investment trapped and others I. That order

 

[Skysaint]

Regardless of the cryptocurrency coin that he bought, I think this is really a great time to invest in the cryptocurrency market as the bullish season is just about to begin. Although I would have invested in binance coin rather than Bitcoin.

 

[Wisdom01]

Regardless of the cryptocurrency coin that he bought, I think this is really a great time to invest in the cryptocurrency market as the bullish season is just about to begin. Although I would have invested in binance coin rather than Bitcoin.

i really wish this month could be the bullish season we have all been waiting for , because I really want more boost , because what I have been seeing and others aren't exciting enough ,I want more boost to happen ,to boost cryptocurrency forward

 

[BullyMaguire]

Well they have a lot of money to invest that in their total net worth would be a little percentage and since every crypto currency is low right now once it going up again can you just imagine how much profit they can have with just a small amount of their networths? Massive.

 

[Wisdom01]

Well they have a lot of money to invest that in their total net worth would be a little percentage and since every crypto currency is low right now once it going up again can you just imagine how much profit they can have with just a small amount of their networths? Massive.

they really have a lot of money , that's why I noticed that if they buy ,they would actually promote it more ,so that they could actually popularized Bitcoin bmire to expectations and even shows the importance regarding cryptocurrency investment