Robert Kiyosaki: Buy More Crypto Now Before It WW3

Robert Kiyosaki: Buy More Crypto Now Before It WW3

The internet has been bombarded with non-stop memes, jokes, analogies, and references to one of the most talked-about TV Moments of all time, Will Smith slapping Chris Rock at the Oscars. The memes and jokes came through to the cryptocurrency and financial community as well, with a plethora of jokes and commentary. And best-selling author Robert Kiyosaki hopped on the trend and took to Twitter to explain that Chris Rock isn’t the only thing getting slapped nowadays.

Kiyosaki tweeted out;

Will Smith slaps Chris Rock at Oscars. Biden Slaps Putin on World Stage. Toxic Masculinity. World in Trouble. National Debt to go through the roof. Biden causing inflation & blaming Putin. Dollar About to Implode. Buy more gold, silver, Bitcoin, Ethereum, & Solana before WW3.

The Rich-Dad, Poor-Dad Author has been calling for an imminent collapse of the dollar for quite some time now, causing many pundits and analysts to disregard his sentiments, as the Dollar is still considered the world reserve currency. However, many of his doom & gloom premonitions are starting to gain some traction. Consumer inflation is estimated to be at 7.9%, which is a one-year all-time high, according to Reuters. The National Gasoline prices are at $4.24, which is up from $2.86 just one year ago, according to Triple-A. The Fed just increased rates by 25 basis points with plans for more increases. The conflict between Russia and Ukraine has caused worldwide issues, including drastic increases in energy prices and supply chain issues. The combination of all these issues is setting the scene for some interesting and unchartered territory ahead.

Since the Russia-Ukraine conflict, Crypto donations have surpassed $100 Million to the Ukraine and Bitcoin has trended up 35% since the beginning of the conflict. BlackRock CEO Larry Fink said the war in Ukraine could accelerate the adoption of digital currencies by central banks in his annual letter to shareholders. Crypto is a conversation for most investors, albeit most analysts are suggesting we are still very early. Kiyosaki has been advocating buying gold and Bitcoin for quite some time, and an occasional mention of Ethereum to protect against the upcoming financial crisis that he has been forecasting. Now, Kiyosaki recommends adding Solana to the mix to protect against what’s coming. At the time of writing, Solana is trading for $110, up 22% in the past 7 days. Analysts suggest that Solana price is on a path with a perfect technical playbook trade where the rally is now turning into an uptrend as more technical hurdles are being turned into support along the way. The Relative Strength Index (RSI) looks to be jumping into overbought, with tailwinds increasing every day, but investors are looking beyond this signal and will only start to book profit once the next significant level is hit around $130.70, where a critical historic pivotal level sits.
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