Rich Dad Poor Dad author

Robert Kiyosaki, the author of “Rich Dad Poor Dad”, anticipates a potential drop in bitcoin prices and precious metals while Trump’s new pricing policies take effect.

Rather than considering this as a negative market in the market, Kiyosaki plans to use price reductions as purchasing opportunities.

In a recent tweet, Kiyosaki highlighted Trump’s prices as a catalyst for possible gold, silver and bitcoin price reductions (BTC). However, he stressed that the real underlying concern remains the burden of increasing debt, which, according to him, will only intensify.

Kiyosaki sees a purchase opportunity

The author considers that the market rushes as asset purchase opportunities at reduced prices, declaring: “Average assets are on sale. It is time to become richer.

This perspective aligns with the longtime investment philosophy of Kiyosaki and its previous market forecasts. Earlier in January, he warned against a “giant market accident” while maintaining his optimistic position on alternative assets.

He systematically criticized the Federal Reserve, the Treasury and the Banking System to rely on the printing of money, arguing that this practice benefits asset holders at the expense of dollar savers.

Kiyosaki too discussed Two economic principles which he considers as the key to Bitcoin power. He quoted Gresham’s law to explain how “bad money” in a system means that “good money” is hiding.

Kiyosaki suggested that Bitcoin, as well as gold and silver, push the US dollar in this position. In addition, he underlined the law of Metcalfe and the power of networks, by comparing the growing influence of Bitcoin to prosperous commercial models like McDonald’s.

Despite his prediction of a potential accident, Kiyosaki remains optimistic about the long -term Bitcoin perspectives. He considers market slowdowns as chances of accumulating assets rather than reasons of concern. The last comments of the financial author come while the markets digest the implications of the new pricing policies of Trump and their potential impact on various asset classes.

The cryptocurrencies were indeed under pressure after the news. At the last verification on Saturday morning, the following parts were on the downward trend: