Robert Kiyosaki, the famous author of the book “Rich Dad Poor Dad”, shared valuable information for average investors in a recent statement on his official X account. He emphasized the importance of accumulating solid assets and holding them for long periods of time to generate significant returns. He specifically pointed to Bitcoin, gold, real estate and silver. Here are the details…
Kiyosaki pointed to Bitcoin and several assets
Kiyosaki, who considers himself an average investor, pointed out that the path to financial success requires a strategic approach to asset accumulation. Explaining this concept with a personal example, Kiyosaki talked about his adventure of buying his first gold coin for a modest price of 50 dollars. Today, the value of the same coin has reached an impressive figure of $2,000. Kiyosaki attributes this remarkable increase in value to his unwavering commitment to the Dollar Cost Averaging (DCA) method.
Dollar Cost Averaging is a prudent investment strategy that involves acquiring assets on an ongoing basis over time to take advantage of price fluctuations, thereby effectively managing risk. This approach requires gradually purchasing assets at regular intervals rather than making a lump sum investment. Kiyosaki pointed out that there has been a recent decrease of 10 and 14 dollars in both gold and silver prices, respectively, and stated that it is a suitable time for investors to accumulate these precious metals using the DCA method.
What’s in Kiyosaki’s portfolio?
Kiyosaki’s final investment portfolio, as he explained, consists of gold, silver, real estate, and Bitcoin (BTC). He believes that using the DCA strategy for each of these assets significantly increases the likelihood of turning the average investor into a financially prosperous individual. It is worth noting that Robert Kiyosaki has been a staunch supporter of Bitcoin even during the cryptocurrency’s most challenging times. He has consistently expressed an optimistic outlook on cryptocurrency and has made bullish predictions, especially in light of the growing excitement around Exchange Traded Funds (ETFs). Kiyosaki recently predicted that Bitcoin’s next milestone will be $135,000, reflecting rising expectations in the crypto space. Kiyosaki’s comments cryptokoin.com You can read it in this article we prepared.
At the time of this report, Bitcoin is trading at $30,778.18 and has increased by 2.07% in the last 24 hours. Robert Kiyosaki’s unwavering belief in Bitcoin’s potential as a wealth-creating asset underscores his commitment to educating average investors about the benefits of holding strong assets for the long term.
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