Many financial advisors like Robert Kiyosaki, the writer of The Rich Dad Poor Dad, have advised others to focus on financial inclusivity and freedom. To do so, Robert has been endorsing Gold, Silver, and Bitcoin, which are hard assets, but out of these, which one is the best investment option is a debate for many.
From the beginning, the world has been running on the barter system, where every good and service has value. To access these, the buyers should pay, with other goods or valuable items like Gold and Silver. Later, the world tuned to paper money and now digital assets like Bitcoin. However, with the rising inflation, it is more than just having money today. Instead, it is about saving for the future or investing in something whose values grow continuously, and Robert has revealed the perfect way to do that in his recent X post.
Why Robert Kiyosaki’s Advocates For Bitcoin and Gold?
Kiyosaki has endorsed Gold, Silver, and Bitcoin for many years and has often shared his forecasts about these assets. More importantly, he questioned why people trust paper money, banks, and the government for their financial situations. This concern comes after five major US banks have collapsed, and many more might fail in the future. In one report, FDIC said 63 banks face collapse, which is concerning for everyone.
This is why Robert Kiyosaki revealed how panics are invisible in banks, as people will not see if their banks are struggling and going for bankruptcy. However, these panics are visible in the capital markets. With this post, he questioned why people are not getting smarter with their money and investing in gold, silver, and Bitcoin.
Rich Dad Lesson on Panics.
1: Panics in capital markets are visible. That means everyone knows when the stock, bond, or real estate markets are crashing.
2: Panics in banks are invisible. That means most people have no idea when their bank is in BANKRUPT.
That is why…
— Robert Kiyosaki (@theRealKiyosaki) August 18, 2024
The same questions are regarding the rising US debt, government spending, printing more money, and many other cases. As per him, investing in an asset that grows rather than limiting or giving your control to a third party is the right approach. However, he does not speak of a smooth ride on these assets.
Earlier, Kiyosaki predicted the biggest crash in the financial market, impacting Bitcoin, Bonds, Gold, Silver, Real state, and much more. This crash will be unlike anything seen before. However, there is a better ending, which will be rewarding for those who believe and stay patient. As per Kiyosaki, once the crash is over, Bitcoin will surge to $10 Million, Gold will reach $15,000, and Silver will be $110,00.
Between Bitcoin or Gold, Which One Robert Kiyosaki Recommends?
Robert Kiyosaki’s updates have given an equal share of Bitcoin and Gold in all his social media posts, where he has never openly called to choose one type of asset. Instead, he advised diverting portfolios into Gold, silver, and Bitcoin. However, one significant post hinted at his dominance of Bitcoin, where he said,
I love gold and silver. I own gold and silver mines. The problem with gold and silver is…the higher the prices go, the more gold and silver are found. Same with oil. I own oil wells also. That is not true with Bitcoin. No matter how high the price of Bitcoin goes there will only be 21 million ever. That’s why I love Bitcoin.
With this, many have speculated his diversion towards the biggest cryptocurrency in the market. It is also understandable, as in the last few years, Bitcoin price has grown significantly, recently pushing past the $60K mark. However, Gold’s significance has not decreased as well. It has been the best form of investment for years, and just yesterday Gold hit ATH at $2,586, which has attracted the investor’s interest even more. Even Robert Kiyosaki has questioned why people are debating on Bitcoin or Gold. As per him, it is not about the best. It is about how much Bitcoins or gold coins users hold.
I don’t get it. Why all the debate about what is better? Gold or Bitcoin? In my opinion the only facts that count are how many gold coins do you own and how many Bitcoin?
End of discussion.— Robert Kiyosaki (@theRealKiyosaki) September 14, 2024
With this, Robert Kiyosaki has again made an equilibrium in the importance of these two assets, advising users to focus on buying these rather than debating. Presently, both these assets are the most demanding investment forms, and many believe Bitcoin is already in the same popularity as Gold.
The post Bitcoin or Gold? Robert Kiyosaki Reveals Which Is the Better Investment Option appeared first on CoinGape.
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