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ROBERT KIYOSAKI’S CRASH SURVIVAL TIPS

Bestselling author Robert Kiyosaki, famed for “Rich Dad Poor Dad,” warns of a potential severe market crash. He provides crucial advice for investors to not only survive but also thrive during such times.

• Heed the Warning:

  Kiyosaki alerts on social media about a possible major crash, yet points out that downturns can offer great investment deals.

• Survival Strategies:

• Wait for Stability: Avoid hasty investments in declining assets.

• Learn from Experts: Seek guidance from credible financial mentors.

• Build Positive Networks: Connect with supportive peers and avoid pessimism.

• Pursue Entrepreneurship: Consider starting a business for financial security.

• Choose Solid Investments: Prefer assets like gold, silver, and bitcoin over unstable currencies.

• Bitcoin’s Promise: 

  Kiyosaki suggests bitcoin could be a safe investment, predicting its value might hit $100K by September.

• Leverage the Situation: 

  He advises using the crash as a chance to strengthen financial positions, emphasizing proactive and wise investment moves.

Kiyosaki’s advice is a valuable compass for investors navigating the uncertain financial climate, potentially leading to wealth preservation and opportunity discovery during the crash.

BITCOIN’S FUTURE: STABILITY OR STUMBLE?

Bitcoin’s recent surge has sparked hope, yet signs point to a potential slight retreat. Investors wonder if this is a pause or a precursor to a larger dip.

• Bitcoin Bounces Back: From a low of $56,550, Bitcoin rebounded over 12.50%, crossing $64,000 on May 4, thanks to the Fed’s steady rates and upbeat job data.

  

• Technical Hurdles Ahead: Bitcoin’s climb faces a test at the $64,895 resistance level, marked by the 0.5 Fibonacci line. Not clearing this could lead to a fallback to around $60,500.

  

• Profit/Loss Index Cautions: The NUPL at 0.54 hints at large unrealized profits, but its drop from the year’s high suggests a cooling off and possible price adjustments ahead.

  

• Optimistic Yet Cautious Outlook: Some experts predict Bitcoin could soar to $85,000-100,000, but this depends on its momentum and overcoming resistance.

  

Bitcoin is at a crossroads, facing both promise and resistance. Investors should stay alert to manage risks in the unpredictable crypto market.

BLOCK IS BUYING BITCOIN EVERY MONTH FOR ITS BALANCE SHEET

Block Inc. is consistently investing in bitcoin, allocating 10% of its monthly bitcoin-related profits to its balance sheet, endorsing bitcoin’s role in economic empowerment.

• Monthly Bitcoin Purchases: Starting April, Block Inc. will buy bitcoin monthly using a strategy that spreads out the purchase to reduce price impact.

• Bitcoin Ecosystem: Block’s involvement in bitcoin extends to the Cash App, TBD, Bitkey, a mining system, and Spiral, supporting bitcoin’s open-source development.

• Bitcoin Holdings: As of March 31, 2024, Block holds 8,038 bitcoins, which is 9% of its total liquid assets, secured in a cold storage system named Subzero.

• Economic Empowerment: Block views bitcoin as a key to global financial inclusion and stability, aligning with its vision of promoting cryptocurrency use.

• Community Support: The bitcoin community has positively received Block’s strategy, seeing it as a smart move against fiat currency’s diminishing value.

Block Inc. is on a mission to strengthen its financial future and support global economic empowerment by integrating bitcoin into its corporate strategy and encouraging others to follow suit.

CAN YOU PREDICT THE PRICE?

HOW DID WE DO? 🤷

Stay tuned for more twists and turns in the crypto world & Happy Investing🚀💎