Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has shared his views on why investing in Bitcoin today is smart. He believes there will be a huge demand for Bitcoin as the traditional financial markets collapse, and he urges investors to take advantage of the current low prices.
Kiyosaki is a well-known financial educator and entrepreneur who has written several books on personal finance and investing. He is also a vocal supporter of bitcoin and other cryptocurrencies, often tweeting about their benefits and potential.
In a recent interview with Kitco News, Kiyosaki explained why Bitcoin is a better investment than stocks, bonds, or real estate. He said that he expects a major crash in these markets due to the excessive money printing by the central banks and the rising inflation.
He said, “I think we’re heading for a very big crash. I think it’s going to be bigger than 2008. And that’s why I’m buying bitcoin today. Because when it crashes, people will rush to buy bitcoin.”
He added that he is not buying bitcoin for speculation but for protection. He said that bitcoin is a form of digital gold that can preserve wealth in times of crisis. He also said that he likes Bitcoin because it is decentralized and not controlled by any government or central authority.
He said, “Bitcoin is outside the system. It’s not manipulated by the Fed or the Treasury or anybody else. It’s pure supply and demand. And that’s why I like it.”
Kiyosaki also shared his advice for investors who are interested in buying Bitcoin. He said they should not be afraid of the volatility and the price fluctuations but rather focus on the long-term vision and the fundamentals.
He said, “Don’t buy it for the price. Buy it for what it stands for. Buy it for freedom. Buy it for independence. Buy it for the future.”
He also said that investors should only invest what they can afford to lose, and they should educate themselves before jumping into the market. He said that he learned a lot from reading books and listening to podcasts by experts such as Andreas Antonopoulos, Max Keiser, and Michael Saylor.
He said, “The more you learn, the more you earn. And that’s why I’m always studying. I’m always learning from people who know more than me.”
Kiyosaki concluded by saying that he thinks Bitcoin is here to stay and will become more mainstream and widely adopted. He said he hopes that more people will realize the value of Bitcoin and join the revolution.
He said, “Bitcoin is not a fad. It’s not a bubble. It’s a reality. It’s a new way of looking at money. And I think it’s going to change the world.”