Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, is making a major investment shift. He’s publicly announced he’s selling off his gold and silver holdings to buy Bitcoin.
From Precious Metals to Crypto
Kiyosaki, who boasts 3.5 million YouTube subscribers, revealed his strategy change. He’s been investing in silver since 1964, but now sees Bitcoin as a far better long-term investment. He’s aiming for a massive return, predicting Bitcoin will hit $250,000 per coin by 2025. (Bitcoin’s current price is around $102,000.)
Why Bitcoin? The US Debt Factor
Kiyosaki believes the massive US national debt (around $36.2 trillion) is a key reason to invest in Bitcoin. He argues the government’s continuous money printing is devaluing the dollar, making Bitcoin a more attractive, inflation-resistant asset. He’s even called this shift from traditional money to crypto “the biggest change in world history.”
A Bold Prediction and a Word of Caution
Kiyosaki’s prediction is a bold one, and it’s important to remember that cryptocurrency investments are inherently risky. While he’s enthusiastic about Bitcoin’s potential, it’s crucial to do your own research before investing in any cryptocurrency. Any investment decisions should be made based on your own risk tolerance and financial goals.
