Robert Kiyosaki, the renowned author of the best-selling book “Rich Dad Poor Dad,” has once again expressed his unwavering support for Bitcoin. In a recent post on the social media platform X, Kiyosaki warned of an impending “bad hand” being dealt, emphasizing that success often comes to those who know how to thrive in challenging circumstances.
“Bad hand coming: In my previous tweet I stated success comes to those who know how to thrive when dealt a bad hand. The bad hand is being dealt now. Millions will lose. Please don’t be one of the losers.”
Kiyosaki’s message to his followers was clear: now is the time to take advantage of the opportunities presented by the current market conditions. He advised investors to acquire more gold, silver, and, most notably, Bitcoin, as Wall Street appears to be increasing its exposure to the leading cryptocurrency.
Kiyosaki’s Bullish Predictions
The author of “Rich Dad Poor Dad” has a track record of making bold predictions regarding Bitcoin and precious metals. He has previously stated that he believes Bitcoin could skyrocket to $10 million and gold could reach $15,000 in the aftermath of a major market downturn.
Interestingly, despite his recent recommendation to sell Bitcoin during its price decline, Kiyosaki has continued to accumulate digital assets, adopting a long-term investment strategy similar to Warren Buffett’s “buy and hold forever” approach.
Avoiding Bitcoin ETFs, Prioritizing Real BTC
Kiyosaki has also cautioned against investing in Bitcoin exchange-traded funds (ETFs), advocating for the ownership of physical Bitcoin instead. He revealed that he initially purchased 60 Bitcoins at $6,000 each and has been buying more every month, despite the cryptocurrency’s volatile price movements.
Conclusion
Robert Kiyosaki’s unwavering support for Bitcoin, even in the face of market challenges, underscores his belief in the long-term potential of the digital asset. As Wall Street continues to increase its exposure to Bitcoin, Kiyosaki’s advice to investors to seize the opportunities presented by the current market conditions is certainly worth considering.
As a cryptocurrency news writer, I encourage our readers to stay informed and vigilant as the digital asset landscape continues to evolve. Keep a close eye on the latest developments and make investment decisions that align with your personal financial goals and risk tolerance.
