Robert Kiyosaki, famous for his best-selling book “Rich Dad Poor Dad,” has emphasized the value of Bitcoin as a tangible asset. He urges investors and the wider crypto community to prioritize acquiring Bitcoin over traditional stock investments.
Acquiring More Bitcoin at the Right Time
In a recent post on X (formerly Twitter), Kiyosaki advised investors to concentrate on accumulating more Bitcoin at present. With concerns over the current state of the Chinese stock market, the financial expert suggests that investors take advantage of this opportunity to purchase as much Bitcoin as possible before a potential crash in what could be the biggest bubble in history.
Kiyosaki expressed concerns about China’s financial situation, attributing it to the government borrowing money to artificially boost the stock market and stabilize the economy. He criticized this move as “Foolish” and “Desperate.”
Pointing to a global decrease in consumer spending as the root of the issue, Kiyosaki warned against traditional investments like stocks and bonds, predicting an imminent market crash and an unstable economic climate.
He advocates for investing in tangible assets like gold, silver, and Bitcoin, which are traditionally seen as safe havens during economic uncertainty.
Echoing the call to purchase more BTC, well-known crypto analyst and Bitcoin enthusiast Michael van de Poppe supported Kiyosaki’s advice, suggesting a two-year timeframe. Poppe highlighted the pattern following a crypto bubble burst, where debts collapse, leading to liquidity flowing back into the dollar and other fiat currencies.
This cycle often results in currency devaluation and subsequent stock market growth. He recommends investors take advantage of Bitcoin’s current positive trend by increasing their cryptocurrency holdings, while also noting the importance of diversifying into the stock market as Bitcoin’s growth subsides.
Finance Expert Commends Bitcoin’s Limited Supply
In another post on X, Kiyosaki praised Bitcoin for its fixed supply, describing it as a unique investment opportunity. As a vocal supporter of Bitcoin, Kiyosaki prefers investing in tangible assets such as gold, silver, and BTC.
While acknowledging the potential downsides of investing in gold and silver, where increasing prices also lead to increased supply, Kiyosaki highlighted Bitcoin’s distinctiveness with its maximum supply cap of 21 million coins.
Kiyosaki values this scarcity in Bitcoin, as it implies that regardless of how high Bitcoin’s price rises, the total supply will remain limited.
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