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[SCAMEXPOSER]

There are has been a serious concern from United States icons as regards the Country helding to a serious inflation which will more negative effects on both the poor and the rich. It is on this note that Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, recommends investing in gold, silver, Bitcoin (BTC) for smart investments.
Share your opinion on this?

 

[Brain]

This recommendations is valid. This is the time to invest in this assets as they are valuable that will net one good profit in Future. These currencies is the future

 

[SCAMEXPOSER]

This recommendations is valid. This is the time to invest in this assets as they are valuable that will net one good profit in Future. These currencies is the future

I think even the US government will be holding more of cryptocurrencies now as they see that the u.s. dollar is fast losing its value especially in the US.

 

[Brain]

I think even the US government will be holding more of cryptocurrencies now as they see that the u.s. dollar is fast losing its value especially in the US.

Definitely, they are seeing the need more now especially that crypto like Bitcoin don't get affected by inflation, so thru would use Bitcoin as the hedge around inflation. This is why I don't understand with African countries that are banning crypto currency and inflation is even biting hard like my country Nigeria. This is really appalling I hope the government wales up and be more proactive with our economy situation

 

[SCAMEXPOSER]

Definitely, they are seeing the need more now especially that crypto like Bitcoin don't get affected by inflation, so thru would use Bitcoin as the hedge around inflation. This is why I don't understand with African countries that are banning crypto currency and inflation is even biting hard like my country Nigeria. This is really appalling I hope the government wales up and be more proactive with our economy situation

Is a look at it holistically African countries does not really ban cryptocurrencies in your way rather the restricted their financial organisations like commercial banks from participating in crypto related transactions.
This doesn't stop you from saving your money in cryptocurrencies as an edge over inflation as there are ways you can easily convert your cryptocurrencies to local currencies

 

[CyberPreNurse]

It is because he has seen a lot of potentials and I believe that with Time, people like him are going to influence the mooning of Bitcoin the more. So this is a very good sign that now is an important opportunity for us to utilize and buy as much Bitcoin as possible so that we do not get left behind.

 

[SCAMEXPOSER]

No doubt everyone that understands how easy you can make money on the internet or using digital assets will continue to recommend investment in Bitcoin especially because it is one coin that is most secure and it is not a coin that will rock pool anytime so it is highly recommended for bulk of your investment into it while you diversifying to other coins little.

 

[Wisdom01]

with inflation on the loom ,I think no doubt it's best to invest in Bitcoin considering the amount of gains that could be made , it's actually a good choice if it's been selected , Robert giving investment advice shows that interest he have concerning Bitcoin ,as I believe it would really improve and get his followers interested in Bitcoin

 

[Ben Kempton]

with inflation on the loom ,I think no doubt it's best to invest in Bitcoin considering the amount of gains that could be made , it's actually a good choice if it's been selected , Robert giving investment advice shows that interest he have concerning Bitcoin ,as I believe it would really improve and get his followers interested in Bitcoin

Cryptocurrencies could be used to combat inflation, but the main problem here is the high interest rates. An increase in the interest rates have made many things hard for cryptocurrency investors because the prices of coins plunged when the interest rates were increased by the U.S. government. Interest rates are destroying the stock market, too.

 

[Mariappa45]

I am saving majority of my earnings with cryptocurrency, i save more on the stable coins for the asset I don't want to risk investing with. It is better there, because it increases gradually better than my country's fiat currency that is always on reduction. Cryptocurrencies was recommended to the Rich Dad Poor Dad book writer, due to its huge future prospect.

 

[Wisdom01]

Cryptocurrencies could be used to combat inflation, but the main problem here is the high interest rates. An increase in the interest rates have made many things hard for cryptocurrency investors because the prices of coins plunged when the interest rates were increased by the U.S. government. Interest rates are destroying the stock market, too.

the government actually said they were increasing interest rates to reduce inflation ,but I think it's causing more damages ,as they even keep printing more dollar it's definitely going to affect the value of the currency no doubt , hopes the government sees through this tho

 

[a_jerobon]

That is a very good advice by the best selling author. People should actually listen to him and start investing in Bitcoin. Support from such great people just shows how much Bitcoin and investment in general is great. It also shows that Bitcoin actually has a good future and it is great for people to use the opportunity to earn as much profit as possible.

 

[Ben Kempton]

the government actually said they were increasing interest rates to reduce inflation ,but I think it's causing more damages ,as they even keep printing more dollar it's definitely going to affect the value of the currency no doubt , hopes the government sees through this tho

This is one of the main reasons why I believe that interest is bad. I am a Muslim by faith and our religion says that interest is bad and I think that the wisdom behind this teaching is that it makes rich more rich and poor people more poor and it it damages the economy. i think that instead of increasing interest rates, the government should promote cryptocurrency projects and foreigbn investments.

 

[Wisdom01]

This is one of the main reasons why I believe that interest is bad. I am a Muslim by faith and our religion says that interest is bad and I think that the wisdom behind this teaching is that it makes rich more rich and poor people more poor and it it damages the economy. i think that instead of increasing interest rates, the government should promote cryptocurrency projects and foreigbn investments.

except the government are willing to make the high interest rate reduce inflation, then it's a good thing because they are printing more dollar ,and they need to to reduce the supply,and not just increasing the interest rate to increase the amount of money in their pocket ,apart from damaging the economy,it would really increase the rate of proverty

 

[Ben Kempton]

except the government are willing to make the high interest rate reduce inflation, then it's a good thing because they are printing more dollar ,and they need to to reduce the supply,and not just increasing the interest rate to increase the amount of money in their pocket ,apart from damaging the economy,it would really increase the rate of proverty

I do not think that you could merely print dollars in order to make the economy much better. Printing money would increase inflation in the country and I think you may need to look at the video created by Wonder Why channel on Youtube that explains that. I am not sure what kind of supply you are talking about, though?

 

[Wisdom01]

I do not think that you could merely print dollars in order to make the economy much better. Printing money would increase inflation in the country and I think you may need to look at the video created by Wonder Why channel on Youtube that explains that. I am not sure what kind of supply you are talking about, though?

ohh what i mean is that , if the government want to increase interest rate by reducing inflation then to me it's a good thing , because they have been printing more dollar , trying to sort the issue the pandemic have caused ,I am not in support of more printing of dollars

 

[Ben Kempton]

ohh what i mean is that , if the government want to increase interest rate by reducing inflation then to me it's a good thing , because they have been printing more dollar , trying to sort the issue the pandemic have caused ,I am not in support of more printing of dollars

My friend, things do not work that way. Currency notes are printed according to the financial conditions and situation of the economy of the country. If they print more money, they will end up in bigger trouble because printing money more money would devalue the currency itself. I think that the best way to pay off the debts is to utilize the natural resources of the country.

 

[Lobardi]

A lot of people tell us to invest in things which we don't need , want or have any interest in to be honest , all they want is to gain benefits for themselves and that is too far from the normal situations , they try to take advantage of the users just like clever and greedy people actually to be honest in my opinion .