Robert Kiyosaki warns of a possible sale of bitcoin and real estate

The entrepreneur urged investors to prepare for a correction in the market

18.07.2022 - 15:30

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2 min

What’s new? Robert Kiyosaki, an American entrepreneur and author of the bestseller “Rich Dad, Poor Dad,” believes that the market correction is not over yet. He warned of a possible sale of bitcoin and real estate. On Twitter, Kiyosaki noted that he was preparing to profit on the bubble he predicted and urged investors to prepare for what he called “the greatest sale on Earth.”

FAVORITE 4 LETTER WORD is not F word or S word. Favorite 4-letter word is SALE. Asset Bubble found a Pin. Asset prices crashing. In cash position waiting to pick up bargains especially in real estate and Bitcoin. Fed is “F”ed. Do not miss the GREATEST SALE on EARTH. Take care.— therealkiyosaki (@theRealKiyosaki) July 12, 2022

What is known about Kiyosaki? He is a Japanese-born American entrepreneur, investor, writer, and motivational speaker. Author of a series of books on investing. Kiyosaki founded the Rich Dad Company, a private educational organization. It offers training in personal finance and business education.

In late March, Kiyosaki revealed that he preferred bitcoin to precious metals so as not to suffer losses due to inflation. Later he predicted a collapse of the dollar amid an unstable geopolitical situation and urged to buy more gold, silver and cryptocurrencies.

In late June, he said he expected the price of bitcoin to drop to $1100. He added that he would continue to buy BTC if the asset's rate recovered. If it didn't, the writer would wait “for the losers to ‘capitulate’” and then continue to buy the first cryptocurrency.

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