‘Rich Dad Poor Dad’ Author Gives Non-Bitcoiners One Last Counsel

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As a seasoned investor with a keen interest in both traditional and digital assets, Robert Kiyosaki’s latest advice resonates strongly with my own investment philosophy. Having witnessed the remarkable growth of gold over the past two decades, I can attest to its potential as a defensive asset in times of market uncertainty. However, I also recognize that high gold prices may not always signal a favorable market outlook.

Renowned businessman and writer Robert Kiyosaki once again offers financial guidance for investors not holding Bitcoins. His recommendation includes considering an investment in Bitcoin (BTC), or traditionally profitable assets such as gold and silver, which have historically shown growth potential.

Robert Kiyosaki says to buy Bitcoin, gold and silver

In a recent post on platform X, Robert Kiyosaki, the author of “Rich Dad Poor Dad,” highlighted the substantial increase in the value of gold throughout the years. This rise has even led gold to reach a new record high, marking an all-time peak in its price history.

Gold’s value has reached record-breaking peaks since the turn of the millennium, and those who invested in it have significantly benefited. I am among those investors, holding actual gold bars rather than exchange-traded funds (ETFs) representing gold.

— Robert Kiyosaki (@theRealKiyosaki) October 12, 2024

Robert Kiyosaki believes that individuals who invested in gold approximately 24 years ago, like himself, have reaped significant benefits. However, it’s important to note that while high gold prices might suggest success for investors, they don’t necessarily indicate a positive market forecast.

Investors’ pessimism often leads to these high prices because they are moving away from stocks towards safer assets. Robert Kiyosaki predicts that a stock market crash is imminent. If his prediction comes true, the author believes it would be disadvantageous for investors who do not have gold, silver, or Bitcoin in their portfolio.

He believes that smart investors are the only ones who stand a chance at happiness when the stock market crash eventually comes. To avoid sitting on the supposed losing side, the author of “Rich Dad Poor Dad” advised non-investors to take their time to study and join an investment club. Then, watch for bargains and begin to plunge funds into assets like Bitcoin.

These individuals are expected to become part of the group that profits during the upcoming market’s growth phase, and Robert Kiyosaki suggested they would find themselves among the more prosperous and astute investors.

Kiyosaki sees BTC hitting $1 million

Based on information from CoinMarketCap, Bitcoin is currently valued at approximately $62,709.66, marking a 3.14% increase over the past day. Although some investors might view this price as high, Kiyosaki anticipates that Bitcoin will continue to exhibit positive momentum in the future.

Approximately three weeks ago, he disclosed a significant motivation for anticipating that Bitcoin could reach $1 million per coin. He foresees advancements in AI leading to transformations that are likely to reshape the financial landscape. Consequently, Bitcoin is projected to skyrocket to approximately $500,000 by 2025 and potentially achieve an astounding value of $1 million by 2030.

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2024-10-12 14:46