Kiyosaki opines that those who invested in gold 24 years ago, including himself, have done well for themselves. On the flip side, the higher gold prices may not equate to a good market outlook.
Such high prices are usually attributed to investors’ pessimism. In other words, they are beginning to shift out of stocks to acquire defensive assets. Kiyosaki expects that the stock market will crash very soon. Should his forecast become reality, the author does not think it would turn out well for investors who do not own gold, silver or BTC.
He believes that smart investors are the only ones who stand a chance at happiness when the stock market crash eventually comes. To avoid sitting on the supposed losing side, the author of “Rich Dad Poor Dad” advised non-investors to take their time to study and join an investment club. Then, watch for bargains and begin to plunge funds into assets like Bitcoin.
This set of people will likely join the “gainers” in the next market bull run. “You will be one of the richer, smarter investors,” Kiyosaki added.
Three weeks ago, he revealed a big reason for believing BTC will likely soar to $1 million per coin. He sees AI bringing changes that will likely impact the financial world. As a result, Bitcoin is bound to soar to $500,000 in 2025 and hit a mind-boggling level of $1 million by 2030.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
