U.Today – Serial entrepreneur and author Robert Kiyosaki returns with his investing advice for investors without a . He suggested that investing in Bitcoin (BTC) or traditionally bullish assets like gold and silver is always a possibility.
Robert Kiyosaki says to buy Bitcoin, gold and silver
In post X, the author of the book “Rich Dad Poor Dad” admitted that there has been a significant augment in the price of gold over the years. This is coupled with the asset’s highest-ever milestone (ATH).
Kiyosaki believes that those who invested in gold 24 years ago, including himself, have done well. On the other hand, higher gold prices may not mean good prospects for the market.
Such high prices are usually explained by investor pessimism. In other words, they are starting to withdraw from equities in favor of acquiring defensive assets. Kiyosaki expects the stock market to crash soon. The author does not think his prediction would come true if it came true. It would not work well for investors who do not own gold, silver or BTC.
He believes that only wise investors have a chance to be lucky when the stock market finally crashes. To avoid sitting on the supposedly losing side, the author of “Rich Dad Poor Dad” advised non-investors to take the time to learn and join an investing club. Then look out for opportunities and start investing your funds in assets like Bitcoin.
This group of people will likely join the “gainers” during the next bull market. “You will be one of the richer and smarter investors,” Kiyosaki added.
Kiyosaki sees BTC reaching $1 million
According to CoinMarketCap data, Bitcoin is currently trading at $62,709.66, up 3.14% in the last 24 hours. While many investors may consider this a high price level, Kiyosaki believes the flagship cryptocurrency still has more bullish momentum ahead.
Three weeks ago, he revealed a substantial reason why he thinks BTC will likely rise to $1 million per coin. He sees that artificial intelligence brings changes that will likely have an impact on the world of finance. As a result, Bitcoin’s price will rise to $500,000 in 2025 and reach a staggering $1 million by 2030.
