Rich Dad Poor Dad author Robert Kiyosaki issues a dire warning, saying investors must protect their wealth from a looming economic meltdown.
Kiyosaki told his 2.1 million Twitter followers that investors can keep their funds intact in the midst of an economic meltdown by charging gold, silver and bitcoin (BTC).
He also advises his followers to create income streams through entrepreneurial endeavors.
“Gold, silver, bitcoin can protect your wealth… but not your income. When the economy is collapsing, stock markets are busting, pensions are plummeting, and unemployment is rising, a SIDE HUSTLE can bring you income. Who knows? Your side hustle can grow into the next Amazon or Bitcoin. Watch after. Be careful.”
The popular author before problematic issued a similar warning, saying people weren’t looking at the bigger economic picture. He also noted that silver is a solid investment in October, trading below $20.
“WHY MILLIONS WILL BE WITNESSED: People CAN see Microeconomics: Food and fuel prices soar. CAN’T SEE Macroeconomics. Macroeconomics INVISIBLE. Protect yourself from macro. Buy gold, silver, bitcoin. Silver is the best investment in October 2022. Anyone can afford $20 silver but is blind.”
Earlier this month, Kiyosaki said One reason he’s bullish on bitcoin is that government-sponsored pension funds are starting to do it invest at BTC.
“Why buy gold, silver, bitcoin? Bank of England pivot means buying more GSBC (gold, silver and bitcoin). When pensions nearly collapsed, it turned out that central banks were unable to… INFLATION. Bonds have always been invested in gold and silver. Pension funds are now investing in Bitcoin. You know counterfeit money. Stocks and bonds are toast.”
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any risky investments in bitcoin, cryptocurrency or digital assets. Please note that you transfer and trade at your own risk and any losses you incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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