Renowned entrepreneur and author Robert Kiyosaki, known for his best-seller Rich Dad Poor Dad, has once again offered strong advice to investors, particularly focusing on Bitcoin and traditional assets like gold and silver. Kiyosaki highlighted that these assets have historically proven to be strong investments and emphasized that investing in them remains a viable option, especially in times of economic uncertainty.
Bitcoin, Gold, and Silver: A Defensive Strategy
Kiyosaki drew attention to the long-term rise in gold prices, noting that investors who bought gold 24 years ago, including himself, have seen significant gains. However, he also pointed out that current high prices may not always be a positive signal for the market, as it often indicates that investors are shifting away from stocks and towards defensive assets.
In a warning to investors, Kiyosaki predicted that the market might face a major crash in the near future. According to him, only “smart investors” holding Bitcoin, gold, and silver will have a chance to profit during such a crisis. Those without these assets could face major losses.
Bitcoin Price Surge Expected
For those who haven’t yet invested, Kiyosaki has a piece of advice: take time to educate yourself and consider joining an investment club. He suggests that by carefully watching for opportunities and investing in assets like Bitcoin, investors could find themselves among the winners in the next bull market. “In the next bull run, you’ll be among the richer, smarter investors,” he said, encouraging individuals to act with confidence and knowledge.
Currently trading at $62,709, Bitcoin has seen a 3.14% increase in the last 24 hours. While this price may seem high, Kiyosaki believes Bitcoin still has tremendous growth potential. In a statement three weeks ago, he presented a compelling case for why Bitcoin could eventually reach $1 million. He attributes this to the growing influence of artificial intelligence (AI) in the financial world, which he predicts will significantly boost Bitcoin’s value. He projects that Bitcoin could hit $500,000 by 2025 and reach $1 million by 2030, further fueling investor interest in the cryptocurrency.
Preparing for Market Crashes
Kiyosaki continues to remind investors to be prepared for market crashes. He argues that holding defensive assets like gold, silver, and Bitcoin in a portfolio can provide protection during an economic downturn. As the financial future remains uncertain, Kiyosaki stresses the importance of smart investments. He urges investors to stay informed, take advantage of opportunities at the right time, and prepare for future market conditions, which he believes are critical to long-term success.