Robert Kiyosaki explained that rich people collect Bitcoin, Gold, and silver, while poor people collect fake money in the form of dollars & government bonds.
Recently Kiyosaki took to X (Twitter) to raise an alarm for those people who are storing funds in the form of US dollars & stock market.
Robert Kiyosaki is a popular financial guru, known for his world-famous self-finance book “Rich Dad Poor Dad”. Kiyosaki never supports investment in the stock market, bank FD, government bonds, etc. He mainly advocates investing in Gold, Bitcoin, Silver, and real-estate properties only.
Kiyosaki said that rich people don’t work for money because they know that our traditional wealth is designed in such a way that it can be stolen easily in the form of taxes & inflations.
Indirectly, Kiyosaki said that the US dollar is a fake form of money and it is not going to save those people who are only collecting US dollars in their bank accounts.
According to Kiyosaki, rich people mainly focus on that wealth which is tax-free & can provide a better inflow of cash in their pocket.
This financial guru said that the majority of rich people invest their money & time in rental properties, oil, and food production, rather than fake $, the Rich save gold, silver, and Bitcoin.
Furthermore, Kiyosaki said that it is a very big mistake by those poor & middle-class people who earn money only from their jobs & then invest in stocks, bonds, mutual funds & ETFs. According to Kiyosaki, people should ignore investing in these assets because these assets usually crash & cause huge losses for investors.
In the end, Kiyosaki suggested people invest in those assets that are tax-free & can generate more wealth at very low-risk probabilities. Kiyosaki suggested that poor people invest money in Gold, Silver, and bitcoin.
Kiyosaki’s statement on Bitcoin investment advice came amid the bull sentiments in the crypto market. In the last 30 days, the trade price of Bitcoin surged 26%.
Currently several factors are supporting the bullish pattern for the Bitcoin rally. According to experts’ analysis, the trade price of Bitcoin will hit $80k easily in the middle of the next year.
Read also: Infamous crypto entrepreneur SBF found guilty in 7 crypto fraud charges
World famous financial guru says Rich people are storing Bitcoin, not $
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