Robert Kiyosaki: Now is the best time to get rich

The trading war between the United States and key partners provoked a decline in Bitcoin by 4.3% and the mass departure of investors from risk assets. But experienced investors know: when blood is pouring on the market, it’s time to buy.

Robert Kiyosaki, the author of the bestseller “Rich Dad, Poor Dad,” called on investors to use the market fall to buy assets.

“We are observing cruel collapse. Stock markets, bonds, real estate, gold, silver and bitcoin are collapsing. The best assets in the world are sold. Millions will lose their jobs. Now is the best time to get rich. Do not be a loser. Keep calm, ”Kiyosaki wrote on social networks.

From Sunday, Bitcoin fell by 4.3%, dropping below $ 93,000 for the first time in three weeks. By the time the material was written, the price of cryptocurrency was restored to $ 95,810.

BTC Price Performance

The fall is associated with new trading tariffs that Donald Trump announced on the weekend:

• 25% for imports from Canada and Mexico

• 10% for Chinese goods

This statement provoked a panic in financial markets, and the volume of liquidations in the cryptocurrency market exceeded $ 2 billion.

“Trump’s tariff war affects the entire market. Fear of trade wars and stagflations apply to altcoins and bitcoin, ”commented BTC Markets CEO Caroline Bowling.

Analysts warn that the new tariffs will affect US trade with a volume of $ 1.3 trillion, which will significantly increase the expenses of American consumers and business. Canada, Mexico and China will not leave these measures unanswered.

Despite the shocks, Kiyosaki retains optimism. He consistently warned of the upcoming correction and believes that the periods of panic in the market create opportunities for the accumulation of assets at low prices.

Earlier, Robert Kiyosaki predicted the collapse of the stock market and the growth of bitcoin in February.

Be in the know! Subscribe to Telegram.

Source: Cryptocurrency

You may also like