Advertisement
AD

Main navigation

Bitcoin (BTC) Remains Best for Unstable Times, but There's Catch: 'Rich Dad Poor Dad' Author

Advertisement
Sat, 18/02/2023 - 11:53
Bitcoin (BTC) Remains Best for Unstable Times, but There's Catch: 'Rich Dad Poor Dad' Author
Cover image via www.youtube.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News
Contents
Advertisement

Robert Kiyosaki, who made a fortune by investing in real estate but then switched to other directions, such as educating people on finance and writing popular non-fiction books on this topic, is known to be a big fan of Bitcoin.

The author of the bestselling piece of writing "Rich Dad Poor Dad" has taken to Twitter to confirm his support for digital gold, as well as for its physical analog and silver.

"Bitcoin best for unstable times" but there's catch

Kiyosaki tweeted that he still believes Bitcoin to be one of the best assets for "unstable times," such as what we are living in now, as well as silver and gold.

He reminded his audience that he has always believed that investing in stocks, bonds, mutual funds and ETFs was risky and now, he stated, it is very much risky.

He, however, warned users that the price of Bitcoin may go up and down now, but he still believes in BTC as an asset.

Related

Kiyosaki expects BTC to hit $500,000 by 2025: Reasons

In a tweet published around a week ago, the investor ventured as far as to boldly say that he expects the flagship cryptocurrency Bitcoin to soar as high as the $500,000 level by 2025.

The basis for that, according to Kiyosaki, is that he thinks a great crash of the markets may be coming and he even expects the Depression to repeat itself. As the U.S. government has been trying to save the situation, it has been printing billions of USD, which the investor calls "fake money," since it is not backed by anything.

These two factors combined may push gold to $5,000, silver to $500 and Bitcoin to as high as $500,000 in two years.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD