Popular author and financial guru, Robert Kiyosaki, is making a bold move by investing in Bitcoin (BTC). With his recent tweet stating “Bitcoin up over 100% in a year. Will Bitcoin keep going UP? I’m betting on it. I am buying more gold and silver. Why buy more Gold, Silver, BC? Because Fed, Treasury, and Biden are liars,” Kiyosaki believes that the world’s largest cryptocurrency by market capitalization is a sound investment to safeguard his wealth. He views these investments as a way to protect against inflation and be prepared for the potential of an ‘economic tsunami’ coming to sweep the United States.

Kiyosaki has never been shy to share his views, especially on government policies that lack economic stability. Last year, he voiced his concerns on President Joe Biden's Executive order on Crypto and compared it to a dark future as portrayed in George Orwell’s “1984”. This year, Kiyosaki has mentioned in multiple occasions lately that inflation is soaring, and that is why he is investing heavily in Bitcoin, Gold, and Silver.

While the investment can prove to be profitable, especially in the long term, Bitcoin is still a highly volatile asset. Despite being down 28.09% over the last year, it is still 80% up since the beginning of this year. That’s why it is essential to understand the risk involved with trading and investing in cryptocurrency before jumping in.

Kiyosaki is not the only one making bets on Bitcoin. The popularity of the digital asset continues to surge and is also supported by big names from the financial world. Major banks like Credit Suisse, Deutsche Bank, and Bank of Japan are already investing in Bitcoin due to its global presence.

During this time of financial uncertainty and potential inflation, Robert Kiyosaki’s decision to invest in Bitcoin, Gold, and Silver is an interesting perspective to consider when it comes to safeguarding wealth. While the ultimate decision is up to you, it is important to understand the risks of investing in cryptocurrency before making any investment moves.



Other News from Today