/biz/ - Business & Finance

>>53700597
This won’t happen now, probably have to wait until 2035

>>53700597
if BTC would reach 500k by 2025 that'd mean avax would be 5k a piece, so by that prediction I make more off of my avax stack, guess I'll just keep staking.

I am

>>53700597
So is Robert Kiyosaki actually good at creating wealth, or did he just do well with his one book and rode that wave to money?

>>53700597
More like now Rich Dad, 2025 Poor Dad amirite?

>>53700631
He made a fortune making surfer wallets in the 70s, lost it, then made another fortune in real estate, then another fortune through his books. He has had at least 3 major successes, and his 4th major success was baggin a good looking wife (Kiyosaki is an ugly chink manlet). He sums up his most important ideas here:
https://youtu.be/K5hHQFGmR_Y

>x needs advertising
>look at recent price points
>100K, 200K, 300K
>bigbrain.exe
>>BITCOIN 500K IN 5 MINUTES, I WROTE A BOOK ONCE REMEMBER ME?
yawn

>>53700631
>In 2010, the Canadian Broadcasting Corporation did an exposé on scams that were being perpetuated by Kiyosaki's company in Canada in the guise of seminars.[23] Upon tracking the success claims of "Rich Dad" seminar organizers, they discovered that these claims were not true. Investments in trailers and trailer parks, which were being propagated as "successful" by seminar teachers, were found to actually be barren pieces of land that no one was using.

>Kiyosaki's advice has been criticized for emphasizing anecdotes and containing nothing in the way of concrete advice on how readers should proceed or work.[24]

>In 2006 and 2007, Kiyosaki's Rich Dad seminars continued to promote real estate as a sound investment, just before their prices came crashing down.[25]

>In 2010, Allan Roth of CBS News documented what occurred when he attended one of Rich Dad's free seminars and dissected some of the tactics employed.[26] The Marketplace exposé on his seminars in Canada showed what occurred in $450 seminars through a hidden camera including Kiyosaki's response to them.[2]

Good at generating wealth, using scams and bad advice.

>>53700597
That's a sell signal.

https://nomadcapitalist.com/finance/cryptocurrency/gold-vs-crypto-robert-kiyosakis/
>Robert told us about an encounter with one of his friends when he was in military school in New York. He said that he met a kid who was Jewish and whose parents were from Germany. The kid said that his parents left Germany because they could see what Adolf Hitler was doing. They didn’t wait for things to get worse. Once they saw what was happening, they left even before chaos ensued.
>He later added that his family moved to New York and got rich, while most of their friends stayed behind in the hopes that Hitler would see the light. In the end, their friends went to Auschwitz.
>The sentimentality in this story is heartbreaking.

https://www.haaretz.com/2007-10-23/ty-article/kiyosaki-the-u-s-middle-class-will-disappear-soon/0000017f-db27-d3a5-af7f-fbaf9f750000
>Robert Kiyosaki told a Tel Aviv audience yesterday
>Kiyosaki was in Israel to promote the publication of the Hebrew translation of his latest book, Why We Want You To Be Rich
>Kiyoaki said: "Hitler rose to power, and it will happen again, if we do not..."
>He has sold about 200,000 books in Israel.

>>53700631
He grew up during the golden boomer age and multiplied his wealth by getting loans from banks and buying up cash flow producing real estate

Why you gullible mongoloids keep posting this swindler?

Deflation first.

>I have lots of bitcoin
>I'm also a well known financial "expert"
>maybe if I tweet it will go to 500k I can pump and dump it

>>53700597
>Why aren’t you all in bitcoin right now?
We have more market tremors coming in. Might even have a bail in that will be a big crash.

>>53700597
lmao in his dreams. fucking boomers dont understand crypto

>>53700631
he was rich before he wrote his book. he basically became a landlord in the 1990s, added to his portfolio with good real estate deals during the 2008 crash, bought an oil well when oil crashed around the same time, then bought a silver and gold mine before gold tripled in value, and now acts like hes a genius because he grew up when a minimum wage working in the grocery store was enough to buy your own house and then a rental property if you worked for 5 years at the local shop stacking shelves.

>>53700597
an author is an analyst now? okay....

>>53700952
you faggots got rich dad poor dad guy to drink the koolaide

>>53700597
isn't this the same asshole that said the market will crash by the end of the month, and same for crypto as well?

>>53700617
uh no, retard, it doesn't mean anything. if bitcoin does the real gigapump no alts are coming along for the ride

>>53700597
>Why aren't you all in in the worst performing crypto in the last 5 years, with the worst risk-reward anon?
gee idk

>>53701501
>an author is an analyst now? okay....
lmao
> analyst
lmao

because I’m all in on TrustLock

Because if BTC goes even 10k higher, there'll be endless opportunities to make it in shitcoins. Not fussed on missing one particular thing's rise.

>>53700597
Because it's a Ponzi scheme, where early adopters reap all the rewards.

>MUH Currency!
Nah, it's literally just a speculative asset at best.

>>53700741
>He made a fortune making surfer wallets in the 70s,
source? internet says he founded a company that made these wallets but went bankrupt. how do you know "he made a fortune" with these?

The problem with 500k BTC predictions are that they don't account for alts soaking up new capital the age of parabolic BTC growth and 10x's for BTC is over, it'll be lucky to hit it's former ATH and to a little above before the speculative market makers cash out again and leave you all bagholding

>>53700952
yeah posted this at a local dip cant make this shit up. what a good goyim

>>53700597
Redpill me when you get an answer, meanwhile i have about $2k to drop on something but unsure if i should just keep poomping btc with it or go into other projects like Mbox or Ride considering their notable products in the metaverse space.


Holy based.
Keep sucking the system dry and don't give a dime back; all the while stacking more Moneros.

>>53700597
Yeah, nice story I'm not buying your bags, Robert-san

>>53700597
redpill me when you get an answer, meanwhile i have about $2k to drop on something but unsure if i should just keep poomping btc with it or go into other projects like ocean or sylo seeing their notable products in web3.

>>53703699
Not crypto but buy Sorrento therapeutics. It's low right now, because of some legal shit