Saturday, June 10, 2023
BitWolf
  • Home
  • Cryptocurrency
  • Blockchain
  • Nft & Metaverse
  • Market
  • Bitcoin
  • Ethereum
  • More
    • Solana
    • Litecoin
    • Dogecoin
  • Live Prices
No Result
View All Result
No Result
View All Result
BitWolf

Robert Kiyosaki calls Bitcoin a ‘buying opportunity’ as US dollar surges

bitwolf by bitwolf
October 3, 2022
in Bitcoin
0 0
0
Home Bitcoin



BuyBitcoinswithDebitCard

Robert Kiyosaki, businessman and best-selling creator of Wealthy Dad Poor Dad, has referred to as Bitcoin (BTC), silver and gold a “shopping for alternative” amid the strengthening United States greenback and continued rate of interest hikes. 

In an Oct. 2 Twitter put up to his 2.1 million followers, the creator famous the costs of the three commodities — typically known as “secure haven” property — would proceed getting decrease as america greenback strengthens, proving its price as soon as the “FED pivots” and drops rates of interest.

BUYING OPPORTUNITY: if FED continues elevating rates of interest US $ will get stronger inflicting gold, silver & Bitcoin costs to go decrease. BUY extra. When FED pivots and drops rates of interest as England simply did you’ll smile whereas others cry. Take care

— therealkiyosaki (@theRealKiyosaki) October 2, 2022

In a put up the day earlier than, Kiyosaki predicted this “pivot” may occur as quickly as January 2023, which might see the U.S. greenback “crash” in the identical approach because the recently collapsed British pound.

“Will the US greenback comply with English Pound Sterling? I imagine it would. I imagine US greenback will crash by January 2023 after Fed pivots,” stated Kiyosaki, including he “is not going to be a sufferer of the F*CKed FED.”

Since as early as Might. 2020, Kiyosaki has been a proponent for asset courses that the Fed can’t straight manipulate, having once warned investors to “Get Bitcoin and save your self” following the Fed’s fast mass cash printing episodes in response to the COVID-19 pandemic.

Apparently, Kiyosaki’s liking for Bitcoin stands regardless of not believing there’s any worth to it, he said in a latest interview on Wealthy Dad. The creator seems to be standing behind Bitcoin once more in his most up-to-date tweet, noting: 

“When FED pivots and drops rates of interest as England simply did you’ll smile whereas others cry.”

In a September letter to his mailed subscribers, Kiyosaki stressed the necessity to put money into digital property now with a view to rating outsized returns over the long run:

“It’s not sufficient to WANT to get into crypto […] Now could be the time you NEED to get into crypto, earlier than the most important financial crash in historical past.”

The U.S. greenback has been progressively gaining energy over different main international currencies during the last 12 months, with the GBP/USD, euro/USD, and Japanese yen/USD falling 18.24%, 15.54%, and 23.33% respectively, according to Buying and selling Economics.

On the identical time, the Fed’s interest rate hike, together with a strengthening USD has coincided with a 55% drop within the crypto market cap during the last 12 months.

Associated: The British pound collapse and its impact on cryptocurrency: Watch the Market Report

Final month, hedge fund co-founder CK Zheng stated he anticipated October to be a “very risky” month for BTC.

“October is a reasonably risky time period, particularly when mixed with excessive inflation, with lots of debate by way of the Fed and coverage change. The priority is that if the Fed tightens an excessive amount of, the U.S. financial system may very well go right into a extreme recession.”



Source link

Tags: BitcoinbuyingCallsdollarKiyosakiopportunityRobertSurges
ShareTweetShare
bitwolf

bitwolf

Next Post
PussyDAO is about to make a wave with Solana NFTs.

PussyDAO is about to make a wave with Solana NFTs.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Bitcoin Holds Above $17K Despite DCG Uncertainty – CoinDesk

Bitcoin Holds Above $17K Despite DCG Uncertainty – CoinDesk

January 10, 2023
Bitcoin community not happy with Peter Zeihan’s criticisms on Joe Rogan podcast

Bitcoin community not happy with Peter Zeihan’s criticisms on Joe Rogan podcast

January 10, 2023
MULN Stock: Mullen Is the New Dogecoin… Without Any of the Fun

MULN Stock: Mullen Is the New Dogecoin… Without Any of the Fun

January 22, 2023
Why Polygon could play a key role in mass blockchain adoption despite MATIC’s…

Why Polygon could play a key role in mass blockchain adoption despite MATIC’s…

January 10, 2023
Coinbase says it will ‘evaluate any potential forks’ following the Merge

Coinbase says it will ‘evaluate any potential forks’ following the Merge

29
Controversial Crypto Lawyer Kyle Roche Pulls Out of Nexo, Binance.US, Solana and Dfinity Lawsuits

Controversial Crypto Lawyer Kyle Roche Pulls Out of Nexo, Binance.US, Solana and Dfinity Lawsuits

19
Cointelegraph Markets Pro delivers alerts for 113% gains from 5 trades in the face of 10% BTC drop

Cointelegraph Markets Pro delivers alerts for 113% gains from 5 trades in the face of 10% BTC drop

19
Why is Cardano price up today?

Why is Cardano price up today?

18
Here’s Why Ethereum Could Be At Risk Of Falling To $1,000 Again

Here’s Why Ethereum Could Be At Risk Of Falling To $1,000 Again

June 9, 2023
Why advanced API security is critical to outsmarting new threats

Why advanced API security is critical to outsmarting new threats

June 9, 2023
Binance US to suspend dollar transactions after payment partners pause activity

Binance US to suspend dollar transactions after payment partners pause activity

June 9, 2023
Binance and Coinbase: Experts Weigh What’s Coming Next

Binance and Coinbase: Experts Weigh What’s Coming Next

June 9, 2023

Recent News

Here’s Why Ethereum Could Be At Risk Of Falling To $1,000 Again

Here’s Why Ethereum Could Be At Risk Of Falling To $1,000 Again

June 9, 2023
Why advanced API security is critical to outsmarting new threats

Why advanced API security is critical to outsmarting new threats

June 9, 2023
Binance US to suspend dollar transactions after payment partners pause activity

Binance US to suspend dollar transactions after payment partners pause activity

June 9, 2023

Categories

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Litecoin
  • Market & Analysis
  • Nft & Metaverse
  • Solana
  • Uncategorized

Tags

Big Binance Bitcoin Blockchain BNB BTC bullish Coin Cointelegraph crypto Cryptocurrency Data Digital DOGE Dogecoin ETH Ethereum Exchange eyes FTX Heres high Inu Investors Latest launches Litecoin LTC Magazine market News NFT NFTs price rally Report Shiba Solana Today token Top Trading Web3 Week XRP

© 2022 BitWolf All Rights Reserved

No Result
View All Result
  • Home
  • Cryptocurrency
  • Blockchain
  • Nft & Metaverse
  • Market
  • Bitcoin
  • Ethereum
  • More
    • Solana
    • Litecoin
    • Dogecoin
  • Live Prices

© 2022 BitWolf All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Translate »