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Robert Kiyosaki: Will not invest in Bitcoin spot ETF! Buy real BTC to ensure safety

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Release: 2024-07-02 05:02:20
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Robert Kiyosaki: Will not invest in Bitcoin spot ETF! Buy real BTC to ensure safety

Robert Kiyosaki’s take on investing

1. Avoid Bitcoin, Gold or Silver ETFs

Robert Kiyosaki says he won’t invest in Bitcoin, gold or silver ETFs , because these instruments do not accurately represent actual assets. He stressed that gold ETFs can sell shares in excess of the actual amount of gold held and are therefore not a substitute for owning physical gold.

2. Invest in real assets

Kiyosaki recommends investing in “real gold, real silver and real Bitcoin” and keeping them safe. He also warned investors to stay away from banks and Wall Street bankers.

3. Bitcoin Buy and Hold

Kiyosaki revealed that he is buying Bitcoin every month and plans to buy more when the price of Bitcoin drops. He adheres to a buy-and-hold strategy, believing that all markets have ups and downs and that profits can be made by buying low and holding for the long term.

4. Predictions for Bitcoin

Kiyosaki predicts that Bitcoin will reach $350,000 by August 25 this year. He called for buying Bitcoin, Ethereum, Solana, gold and silver to fight inflation and protect assets.

5. Criticism of the Biden administration

Kiyosaki has been criticizing the growth of the US national debt, believing that this will lead to a depreciation of the dollar. He is also dissatisfied with the Biden administration and has expressed support for Trump.

6. US Presidential Election Prediction

Kiyosaki predicts that Hillary Clinton and Kamala Harris will be the Democratic candidates, while Trump will choose a white male as his deputy. He thought that two women might do better than two men.

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source:120btc.com
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