Famous financial expert Robert Kiyosaki, author of ‘Rich Dad Poor Dad’, often advises his followers to buy Bitcoin. However, Kiyosaki is not keen on spot Bitcoin ETFs. Famous financial expert says he will never buy Bitcoin ETFs. Then he explains why.
Robert Kiyosaki Says “No!” to Bitcoin ETFs he says, here’s why…
cryptokoin.comAs you follow from , famous finance expert Robert Kiyosaki continues to surprise everyone with his comments. Besides Bitcoin, Kiyosaki also favors physical gold and silver as safe-haven assets. Besides these, he also loves real estate. The famous investment expert has written about this many times before. Finally, Kiyosaki shared his views on Bitcoin exchange-traded funds. Robert Kiyosaki explained the main reason why he will never buy it.
Robert Kiyosaki shared that he does not plan to purchase any Bitcoin exchange-traded funds. The expert says he prefers to invest in real assets, not Wall Street’s financial products. He tells his 2.1 million followers that he has gold, silver and coins. But that’s a reminder that it doesn’t own ETFs based on precious metals. He also invests directly in real estate as an apartment owner. But it doesn’t invest in real estate ETFs. He adds that these funds are “best for most people and institutions.”
But Kiyosaki says that because he is an entrepreneur, he prefers to stay away from Wall Street financial products and instead packages his own products. Kiyosaki asked, “What is best for you?” He states that it is important to answer the question.
Kiyosaki believes Bitcoin will reach $2.3 million
Robert Kiyosaki heaped praise on famous investor and CEO of Ark Invest (one of the Bitcoin ETF issuers) Cathie Wood in a tweet earlier this week. Kiyosaki specifically talked about his recent prediction that Bitcoin, the world’s leading cryptocurrency, will rise as high as $2.3 million in the future. The leading cryptocurrency is currently trading at $70 thousand.
Robert Kiyosaki stated in his tweet that it was possible that he was wrong. However, he wrote that he believes BTC will eventually reach its all-time high. Still, Robert Kiyosaki wrote that most people will own almost no Bitcoin. The reason for this is interesting! According to Kiyosaki, these people are the ones who prefer to play it safe. Kiyosaki said mistakes teach investors better than any school. He also emphasized that successful people will always learn from their mistakes and will not be afraid to make them.
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