'Wealthy Dad Poor Dad' Writer: I Will By no means Purchase Bitcoin ETFs

U.Immediately – Robert Kiyosaki, an knowledgeable at investing and the writer of the traditional e book on finance administration “Wealthy Dad Poor Dad,” who helps , has taken to the X social media platform (previously often known as Twitter) to inform his viewers what he thinks in regards to the much-hyped Bitcoin ETFs.

Kiyosaki revealed the important thing motive why he wouldn’t purchase any. Because the investor wrote a number of occasions beforehand, except for Bitcoin, he additionally prefers bodily gold and silver as secure haven property, and he likes actual property too – that’s what he began with within the Nineties, when his aforementioned e book was first revealed.

No to Bitcoin ETFs, here is why

Robert Kiyosaki tweeted that he doesn’t plan to purchase any Bitcoin exchange-traded funds. The knowledgeable stated that he prefers to put money into actual property and never Wall Avenue monetary merchandise based mostly on them. He reminded his 2.1 million followers that he owns gold and silver mines and cash however not ETFs based mostly on these valuable metals.

He’s additionally invested in actual property instantly, being an proprietor of condominium buildings, however he doesn’t put money into actual property ETFs. He added that these funds are “greatest for most individuals and establishments.”

Nevertheless, Kiyosaki defined, that since he’s an entrepreneur, he prefers to avoid Wall Avenue monetary merchandise and package deal his personal as an alternative. Right here, the “Wealthy Dad Poor Dad” writer says, it is very important reply the query, “What’s greatest for you?”

Bitcoin will attain $2.3 million, Kiyosaki believes

In a tweet revealed earlier this week, Kiyosaki sang the praises of Cathie Wooden, the famend investor and CEO of Ark Make investments (and one of many Bitcoin ETF issuers too). Particularly, Kiyosaki talked about her current forecast, the place she predicts the world’s main cryptocurrency, Bitcoin, to soar as excessive as $2.3 million sooner or later.

She might be flawed, he stated within the tweet, however Kiyosaki nonetheless wrote that he additionally believes BTC can attain that all-time excessive finally. Nonetheless, he wrote that most individuals will hardly personal any Bitcoin, since they like to play it secure. Kiyosaki is a believer that errors educate traders higher than any college and that profitable individuals will at all times be taught from their errors, not being afraid to make them.

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