common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

What are the best cryptocurrencies to invest in during a recession, according to Robert Kiyosaki?

avatarDarvin Joel Samboy FillzNov 25, 2021 · 3 years ago3 answers

During a recession, Robert Kiyosaki suggests that investing in cryptocurrencies can be a good strategy. Which cryptocurrencies does he recommend and why?

What are the best cryptocurrencies to invest in during a recession, according to Robert Kiyosaki?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    According to Robert Kiyosaki, Bitcoin and Ethereum are the best cryptocurrencies to invest in during a recession. He believes that these two cryptocurrencies have established themselves as the leaders in the market and have the potential for long-term growth. Kiyosaki also emphasizes the importance of diversification and suggests considering other altcoins with strong fundamentals and promising technologies.
  • avatarNov 25, 2021 · 3 years ago
    When it comes to investing in cryptocurrencies during a recession, Robert Kiyosaki advises focusing on Bitcoin and Ethereum. These two cryptocurrencies have a proven track record and are widely recognized in the industry. Kiyosaki also suggests looking into privacy-focused coins like Monero and Zcash, as well as decentralized finance (DeFi) projects that offer innovative solutions to traditional financial systems.
  • avatarNov 25, 2021 · 3 years ago
    According to industry expert Robert Kiyosaki, during a recession, it is recommended to invest in Bitcoin and Ethereum. These cryptocurrencies have shown resilience in the face of economic downturns and have the potential to provide significant returns. Additionally, Kiyosaki suggests exploring opportunities in the DeFi space, as it offers new and exciting ways to earn passive income and participate in the growing decentralized finance ecosystem.