It's probably his way to attract attention, but Bitcoin shouldn't be seen as way to be a millionaire or rich easily. His claim that cryptocurrency “does the hard work.” also ignore effort and work done by cryptocurrency community.No I don't think his words ignore the effort that a person has to make million from BTC, either he is doing spot or future great efforts have to be made. I think he tried to compare the two paths leading to the rank of millionaire. One is entrepreneurship, and the second is BTC investment. If these two are compared I think we only need investment in BTC to make million, only if you are planning to hold BTC for the next 10 years. But if you want to trade in spot or future in BTC then you need more than just investment. You need knowledge, activness, control on your emotions, have to face the harsh market conditions.
Rich Dad Poor Dad author Robert Kiyosaki has stated that bitcoin is the easiest way to become a millionaire because the cryptocurrency “does the hard work.”
i am going to have to disagree with this one
Rich Dad Poor Dad author Robert Kiyosaki has stated that bitcoin is the easiest way to become a millionaire because the cryptocurrency “does the hard work.”
It's probably his way to attract attention, but Bitcoin shouldn't be seen as way to be a millionaire or rich easily. His claim that cryptocurrency “does the hard work.” also ignore effort and work done by cryptocurrency community.Having such thoughts have affected most newbies and trapped them into taking scam investment to mean bitcoin investment, reading through the statement, Robert did not mention how bitcoin will make a quick millionaire, and he did not point out also the important of holding bitcoin in a private wallet.
It's probably his way to attract attention, but Bitcoin shouldn't be seen as way to be a millionaire or rich easily. His claim that cryptocurrency “does the hard work.” also ignore effort and work done by cryptocurrency community.
As for his saying that (cryptocurrency “does the hard work”), it does not apply to Bitcoin. This applies more to Altcoin, which achieves x100 or x1000.
did he not just use bitcoin because it is the most popular crypto? people who have no idea about crypto will still have an idea about bitcoin but not altcoins and if you want to attract attention from the public you always need to make sure you will be talking about something relevant and popularAs for his saying that (cryptocurrency “does the hard work”), it does not apply to Bitcoin. This applies more to Altcoin, which achieves x100 or x1000.
He likely mentioned BTC as a safe bet, altcoins might have potential for huge gains, but equivalent chances of getting failed too.
I really like Kiyosaki's book, he helps a lot of people to see money differently. But I don't think he's that good as an analyst or speaker
He always talks too much, always needs to be saying something when there's often no need to
It's great that he likes BTC and I agree, but he's always making predictions so that in the future he can say he got it right, while all predictions are wrong right now hehehe, he talk about a crisis everytime
I don't have enough motivations to read a whole book, but I have read summary of his Rich Dad, Poor Dad, and liked it too.
Regarding making predictions and talking about crisis, it's probably to stay relevant, and bad stuff spreads faster too.
I mean, I just checked his X for curiosity purposes and he's bullshitting there too.
Kiyosaki is a good writer, but he sucks at trading, he sucks at prediction and he definitely sucks at running a business, he wouldn't have gotten into so many bankruptcies if he would have known what he is talking about, after all that is just a fantasy setting full of motivanional advice everyone knows already.he could really be a good writer if he has people still reading his advices despite getting into bankruptcy himself although i have seen that this bankruptcy is separate from his personal finances but still it shows you how he can (or not) handle a business or company
Rich Dad Poor Dad author Robert Kiyosaki has stated that bitcoin is the easiest way to become a millionaire because the cryptocurrency “does the hard work.”I don't know how true this is, but i don't think i quite agree with him. It also depends on the currency he is talking about, you can become a millionaire in some currencies through BTC, but when we are now talking about the U.S. dollar and most first world currencies, that's not so easy.
Just really trying out to jump on whats the current trend and we do know that it does bring out that kind of noise and exposure whenever someone do really dive in or make involvement on whats the current hype or interest of the community now.Becoming millionaire with Bitcoin is really that still needing up that consideration or factors on which it will really be basing up on howRich Dad Poor Dad author Robert Kiyosaki has stated that bitcoin is the easiest way to become a millionaire because the cryptocurrency “does the hard work.”I don't know how true this is, but i don't think i quite agree with him. It also depends on the currency he is talking about, you can become a millionaire in some currencies through BTC, but when we are now talking about the U.S. dollar and most first world currencies, that's not so easy.
Kiyosaki really likes to be in the news, and maybe he should slow down in that aspect.
It would be more appropriate if he had said bitcoin is one way to become a millionaire and not the 'easiest' way. Using the word 'easiest' can really be misleading to a lot of people who do not know much about Bitcoin. Bitcoin is not that regular kind of investment anyone can jump into and get rich overnight, a lot of people have also become poor from investing in bitcoin.Rich Dad Poor Dad Author Robert Kiyosaki Sees Bitcoin as the Easiest Way to Become a Millionaire
Rich Dad Poor Dad author Robert Kiyosaki has stated that bitcoin is the easiest way to become a millionaire because the cryptocurrency “does the hard work.” He contrasted this with entrepreneurship... See more for yourself here (https://news.bitcoin.com/rich-dad-poor-dad-author-robert-kiyosaki-sees-bitcoin-as-the-easiest-way-to-become-a-millionaire/).
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