~TBH, I don't care about what he's saying about Bitcoin, but he's still one of the best when it comes to investing, handling debt, and when it comes to real estate.
Robert Kiyosaki, the author of Rich Dad Poor Dad, has advised investors to closely monitor Bitcoin’s upcoming halving, emphasizing that the event is fast approaching. The famous author recently revealed that he is $1 billion in debt but does not see it as his problem. He further shared that he uses debt as money to buy assets... See more for yourself here (https://news.bitcoin.com/rich-dad-poor-dad-author-robert-kiyosaki-advises-investors-to-pay-attention-to-bitcoin-halving/).
Your opinion is greatly appreciated.
That is also what I like to learn from him. Despite having a significant amount of debt, he doesn't view it as bad debt. Instead, he considers it as good debt that brings him money. This is unlike other people who take on debt to purchase things to show off to other people. When it comes to halving event, history shows that it takes some time to take effect. However, I believe that history repeats itself and we will see another bull run not after the event, but once the halving has taken effect.~TBH, I don't care about what he's saying about Bitcoin, but he's still one of the best when it comes to investing, handling debt, and when it comes to real estate.
Robert Kiyosaki, the author of Rich Dad Poor Dad, has advised investors to closely monitor Bitcoin’s upcoming halving, emphasizing that the event is fast approaching. The famous author recently revealed that he is $1 billion in debt but does not see it as his problem. He further shared that he uses debt as money to buy assets... See more for yourself here (https://news.bitcoin.com/rich-dad-poor-dad-author-robert-kiyosaki-advises-investors-to-pay-attention-to-bitcoin-halving/).
Your opinion is greatly appreciated.
To share, he's one of the few influencers/investors that I used to watch online when I was still starting. I mean his advice is for me, helpful.
When I saw that he has a debt of $1 Billion, I said to myself "He can handle that one. I mean he knows how to make money. He knows how to use debt to make more money, and he can pay that amount in no time." Nevertheless, it's good to see that an influential person like him gives advises to us investors. As for the halving event, I don't expect a huge price increase a few days after the event happens. It will just be another day like the usual one. The effect of the event will be felt a few months after it happened. :)
Your opinion is greatly appreciated.Me as an example and I am sure there are others like myself have stopped paying attention to this Mr, and any others like him. I always pity their followers, those who see them as mentors, people who take them so seriously that they cannot think for themselves in this age where are enough information available to shape your thinking properly. These people are already rich from other forms of investments and mostly only care about themselves. They will say anything at anytime and will not care how it is affecting the broke person who is following them and what they say so seriously.
Your opinion is greatly appreciated.Me as an example and I am sure there are others like myself have stopped paying attention to this Mr, and any others like him. I always pity their followers, those who see them as mentors, people who take them so seriously that they cannot think for themselves in this age where are enough information available to shape your thinking properly. These people are already rich from other forms of investments and mostly only care about themselves. They will say anything at anytime and will not care how it is affecting the broke person who is following them and what they say so seriously.
TBH, I don't care about what he's saying about Bitcoin, but he's still one of the best when it comes to investing, handling debt, and when it comes to real estate.
As for the halving event, I don't expect a huge price increase a few days after the event happens. It will just be another day like the usual one. The effect of the event will be felt a few months after it happened. :)
Various scholars have different demands regarding Bitcoin. Some are trying to become millionaires with Bitcoin and some are trying to pay off their big debts or something else. However, there is no doubt that Bitcoin will rise to a very high position with the increasing level of people's trust in Bitcoin. We've seen momentum halving in last bull markets, but one characteristic of Bitcoin is that it will cross its previous highs in bullish periods. This confidence is making people more attracted to Bitcoin.Rich Dad Poor Dad Author Robert Kiyosaki Advises Investors to Pay Attention to Bitcoin Halving(https://i.imgur.com/ZXPUVt2m.jpg)
Robert Kiyosaki, the author of Rich Dad Poor Dad, has advised investors to closely monitor Bitcoin’s upcoming halving, emphasizing that the event is fast approaching. The famous author recently revealed that he is $1 billion in debt but does not see it as his problem. He further shared that he uses debt as money to buy assets... See more for yourself here (https://news.bitcoin.com/rich-dad-poor-dad-author-robert-kiyosaki-advises-investors-to-pay-attention-to-bitcoin-halving/).
Your opinion is greatly appreciated.
He invests in Bitcoin and surprised to see that he's got $1B although he openly promotes good debt and how one can skip taxes for having debts. I am in no way going to follow that path of having good debts, even they're good debts, not going to change that fact that it is still debt no matter what. I don't want something to think of that I've got this and that obligation that I need to pay at the due date, I prefer to have more peace of mind. But in regards to halving, we're all agreeing where this is going and that's the plan, to hold and wait.You can not skip taxes in any way but you can make some moves to reduce the tax, and this method is old one, although I get to know about it not very long time ago, in this the person who had took the loan have to pay lesser tax, because from the government side, there is relief for those who are in debt.
but how do we explain it to the normal housewife? thats the point!!Simply as p2p electronic cash that is permissionless and censorship resistant. I understand that BTC is difficult to understand, but honestly many of its users do not understand the difficult part of the network and they do not have to. Teach people the basics if you want to explain it to them, what is BTC, how it works, what is a wallet, how to make transactions, what is a seed phrase, etc.
He told that before and he promotes debt, the good ones. But yes, taxes are still there regardless of what you do and if you're taken a loan. As for his billion debt, that's possible that he has a back up plan on it and he won't allow himself to sink with that kind of debt. He's promoting on how to be good with handling money and then he'll suffer with a debt? I think that was a good exposure for him because of his products and investments that he also promotes, it was a good screen and cover time for him indeed when he's covered by the media about his billion debt.He invests in Bitcoin and surprised to see that he's got $1B although he openly promotes good debt and how one can skip taxes for having debts. I am in no way going to follow that path of having good debts, even they're good debts, not going to change that fact that it is still debt no matter what. I don't want something to think of that I've got this and that obligation that I need to pay at the due date, I prefer to have more peace of mind. But in regards to halving, we're all agreeing where this is going and that's the plan, to hold and wait.You can not skip taxes in any way but you can make some moves to reduce the tax, and this method is old one, although I get to know about it not very long time ago, in this the person who had took the loan have to pay lesser tax, because from the government side, there is relief for those who are in debt.
And the interest on that debt is also lower than the tax included, so tax+interest is lower than the tax only on the money you have without debt. That's why this person on context preferred not to be in any worry even having the debt of billion dollar. It is not due to the BTC potential he is not worry. He is not worry because he have other backup plan. The news that OP have shared should be interpreted as, we should not depend on BTC only and take any type of debt just because we have invested in BTC. Market is so unpredictable so how can we bet on BTC price with time limited debts.