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Showing posts with the label r kiyosaki

US Economist warns R. Kiyosaki Bitcoin and Nvidia charts signal ‘big crash’

The dollar is weakening, inflation pressures are mounting, and U.S. markets are approaching what some analysts warn could be the largest reset in modern history.  Speaking on Robert Kiyosaki’s Rich Dad channel on August 20, veteran economist and author Harry Dent issued one of his starkest warnings yet, arguing that three of the most important charts in finance, Bitcoin (BTC), the Nasdaq 100, and Nvidia, are all flashing signs of a looming downturn. Dent, known for his long-term cycles research, said the recent acceleration across tech, crypto, and AI-related assets has reached the point in the industry lifecycle where a shakeout is almost inevitable.  “I’ve got three charts on my desk: the Nasdaq 100, Bitcoin, and Nvidia. All three are accelerating, but in a declining channel. That tells me we’re very close to a peak — and when that happens, history shows the shakeout can be brutal,” he explained. While Nvidia has led the AI trade with explosive gains in 20...

R. Kiyosaki warns Bitcoin ‘FOMO disease’ is coming

Author and investor Robert Kiyosaki has issued a cautionary message to Bitcoin (BTC) investors as the leading cryptocurrency trades at new highs. According to the Rich Dad Poor Dad author, investors should brace for a possible wave of panic buying driven by fear of missing out (FOMO), a trend he believes will result in losses for many, Kiyosaki said in an X post on July 11. Interestingly, Kiyosaki revealed that he recently bought more Bitcoin at $110,000, positioning himself for what he calls the “Banana Zone”, a phase of rapid price surges that typically attracts emotional, late-stage investors.  He likened patient buyers to ‘pigs’ who benefit by accumulating early, while warning that impulsive ‘hogs’ risk losses by chasing inflated prices. He expects these latecomers to panic sell during market dips, while disciplined investors will wait to buy the dip. Another RICH DAD LESSON: “PIGs get fat. HOGs get slaughtered.” I state this lesson because I bought my...