Robert Kiyosaki, the author renowned for his best-selling book “Rich Dad Poor Dad” has identified Bitcoin as a real-world asset, urging investors and the broader crypto community to shift their focus from stock investments and prioritize accumulating Bitcoin.
Buy More Bitcoin Before It’s Too Late
In a recent X (formerly Twitter) post, Kiyosaki advised investors to focus on stacking up more Bitcoin now more than ever. Citing the dilemma China’s stock market currently faces, the finance expert has suggested that investors seize the opportunity to buy as much Bitcoin as they can afford before “the biggest bubble in history goes bust.”
Kiyosaki has claimed that China is in “trouble” because the government had borrowed funds to buy more stocks to potentially inflate the stock market artificially and stabilize the country’s economic challenges. The finance author criticized China’s decision, labeling it as a “Foolish” and “Desperate” attempt.
According to the author, the problem’s root lies in a global decline in consumer spending. He advised against investing in stocks and bonds at this pivotal time, arguing that the stock market was set to crash and the current economic situation was not conducive for traditional investments.
Instead, he recommends investing in real assets such as gold, silver and Bitcoin, which are historically
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Author: Scott Matherson
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