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"Dollar savers are losers"! Robert Kiyosaki, author of "Rich Dad Poor Dad": If Bitcoin crashes, I will get on board to buy more.
Best-selling finance book author Robert Kiyosaki published several posts on X (formerly Twitter) in early July, consistently showcasing his steadfast support for Bitcoin. He warned that savers holding dollars are losers and stated that if Bitcoin crashes, he will buy more.
Kiyosaki wrote on July 5: "Losers keep warning about a Bitcoin crash. They want to scare away speculators. I hope Bitcoin crashes. I will just buy more. Take care."
(Source: X)
He recently warned: "Don't teach pigs to sing... it wastes your time and will annoy the pigs."
"I was chatting with a friend... she is about my age... she is very proud that she and her husband have saved all their future finances in a local bank, settled in US dollars. When I tried to remind her that the purchasing power of savings is depreciating... she turned into a pig that doesn’t want to learn to sing. Since she, her husband, and I were in our 20s, the purchasing power of the US dollar has decreased by 95%," he projected.
He continued to mention: "I asked her if she noticed the rising food prices? She couldn't connect the purchasing power of savings with the price of eggs. I don't expect all of you or anyone to agree with my point of view. I appreciate your attention to my ramblings... these ramblings come from an old man whose first investment property cost me $18,000, which I paid for with a credit card, earning $25 a month in passive income. By the way, this was done in Hawaii in 1973. Today I basically do the same, but there are at least 5 to 6 zeros after the first number."
"I won’t bother my friend who enjoys saving money at the bank... but many of you know that one of the first lessons my rich dad taught me is that savers are losers. When banks are printing money, why save? If she is happy saving that fake money... I wish her well. Thank you all, take care," he wrote in the end.
(Source: X)
Kiyosaki is known for his advice on financial independence, and he has consistently advocated for hard assets rather than "fiat currency," which he refers to as "fake money" printed by the government to fill debt gaps.
Kiyosaki views Bitcoin as a safe haven. He has also made bold predictions about the future price of Bitcoin. According to him, he believes that by 2025, the price of Bitcoin could reach between 180,000 and 200,000 USD, and by 2025, the price per unit will exceed 20.35 billion USD. These predictions are based on his analysis of the current financial crisis, rising global debt, and the continued devaluation of the US dollar.
For him, these macroeconomic conditions are the perfect breeding ground for Bitcoin to solidify its role as an indispensable asset for maintaining purchasing power and creating long-term wealth.
Kiyosaki also advises his followers to educate themselves and make informed decisions, avoiding the emotions of Fear of Missing Out (FOMO) or Fear of Making Mistakes (FOMM), which he says paralyze many investors.
Aside from numbers and controversies, Kiyosaki insists on one point he has defended since his first book: knowledge is the best asset. He advises investors to avoid panic or excitement, but instead to educate themselves, study the market, and remain resilient in the face of volatility.
The strategy he adopted was not to invest for quick profits, but to build a robust, crisis-resistant investment portfolio that relies on assets independent of government or central banks. In this sense, Bitcoin represents the greatest financial opportunity in history, empowering those who decide to take control of their own economic future.
In summary, Kiyosaki firmly reiterated his confidence in Bitcoin, viewing it with optimism and a strategic perspective based on his experience and analysis of the global economic backdrop, providing valuable insights for those in the financial sector seeking reliable alternatives.