Kiyosaki says Bitcoin ETFs are fine—but there’s a catch
For “average investors”, Robert Kiyosaki – author of “Rich Dad Poor Dad” – is starting to invest in the ETF Bitcoin. However, he calls for negotiated funds on the stock market less than “real” assets.
Summary
- Kiyosaki approves Bitcoin ETF for average investors but highlights the value of physical assets
- He advises sophisticated investors to have real gold, money and bitcoin on ETF
- Kiyosaki plans to buy more bitcoin but warns against greed in current market risks
Kiyosaki compared the ETFs to “have an image of a firearm for personal defense”, stressing the limits of the currency on paper.
“I realize that the FNB facilitates the investment for the average investor … so I recommend FNB for the average investor,” said Kiyosaki on X. However, he has extended caution concerning the fundamental differences between paper and possession of physical assets.
Preferred physical active ingredients to paper alternatives
Kiyosaki recommended gold ETF, silver ETF and bitcoin (BTC) ETF for typical investors. He also pointed out that sophisticated investors should understand when to have real assets compared to paper representations.
“Sometimes it is better to have gold, money, bitcoin and a real pistol,” he said, establishing parallels between financial and physical security preparations.
Approval of the author’s FNB comes with the warning that investors who “know the differences and how to use them” are “better than the average”.
Kiyosaki’s position shows his philosophy according to which traditional savings methods fail during monetary degassing. “The savers are losers,” he reiterated, citing Monetary printing of the federal reserve after the 1987 market crash, collapse of LTCM 1998, seizure of the REPO market 2019, Pandemic COVID-19 and Silicon VALLEY BANK FAILL.
Kiyosaki reveals the intention to buy more bitcoin
When Bitcoin exceeded $ 120,000, Kiyosaki revealed his intention to buy “one more room” while warning against excessive greed.
He referred to his philosophy “Pigs Get Fat … The pigs are slaughtered”, explaining his decision to suspend accumulation until the economic management becomes clearer.
“I will no longer buy … until I know where the economy is going,” wrote Kiyosaki. Despite the Bitcoin projection could reach $ 200,000 to $ 1 million, he resisted the temptation to become a “pork and to be killed”.
For newcomers, Kiyosaki suggested starting “very small … starting with a Satoshi” rather than trying large initial purchases.
Kiyosaki noted the cash position of Warren Buffett of $ 350 billion as proof that investors are preparing for market opportunities. He suspects that Buffett “waits for the world to crash … Then he will come back and buy the best assets in cash”.
The comparison suggests that current market conditions may present both opportunities and risks that require timing and meticulous patience.
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