“Buy BTC Now”, ‘Rich Dad Poor Dad’ Author calls it a ‘Buying Opportunity’ <BR><BR> <BR>

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“Buy BTC Now”, ‘Rich Dad Poor Dad’ Author calls it a ‘Buying Opportunity’

Robert Kiyosaki, businessman and best-selling author of Rich Dad Poor Dad has called gold, silver, and bitcoin a “buying opportunity” amid the surge in the US dollar as the US Federal Reserve continues to raise interest rates.

Yesterday he took to Twitter to share his advice with his 2.1 million followers, “BUYING OPPORTUNITY: if FED continues raising interest rates US $ will get stronger causing gold, silver & Bitcoin prices to go lower. BUY more.  When FED pivots and drops interest rates as England just did you will smile while others cry. Take care.”

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According to him as the US dollar strengthens proving its worth once the “FED pivots” and drops interest rates, the price of these three commodities silver, gold and bitcoin will decline and become the “safe haven” eventually.

Once upon a time, Robert Kiyosaki used to be a big critic of Bitcoin. After the pandemic, he changed his view and put the BTC on the list of commodities such as gold and silver. Moreover, in the past several months stock prices have also plummeted and Bitcoin has already met each interest rate hike with volatility.

Kiyosaki also predicted in a previous tweet that a “pivot” could happen as soon as January 2023, consecutively, the U.S. dollar “crash” something similar to the recently collapsed British pound.

“Will the US dollar follow English Pound Sterling? I believe it will. I believe the US dollar will crash by January 2023 after Fed pivots,” said Kiyosaki, adding he “will not be a victim of the F*CKed FED.”

Since the month of May 2020, Kiyosaki has been advocating the idea of investing in the class of assets that cannot be directly manipulated by the Fed. He once warned the investors,  saying “Get Bitcoin and save yourself” just after the Fed’s immediate mass money printing episodes in response to the COVID-19 pandemic.

Kiyosaki advised one of the subscribers in the mail about the need to invest in digital assets at present in order to receive outstanding returns in the near future: “It’s not enough to WANT to get into crypto […] Now is the time you NEED to get into crypto, before the biggest economic crash in history.”

According to a report, over the last year, the U.S. dollar has gained strength over other major currencies in the world with the GBP/USD, euro/USD, and Japanese yen/USD falling 18.24%, 15.54%, and 23.33% respectively.

Also, in the last year, the Fed’s interest rate hike, along with a strengthening USD has coincided with a 55% drop in the crypto market cap.