Is This The Right Time to Buy Bitcoin?
Rich Dad Poor Dad author Robert Kiyosaki, has recently shared his predictions on the future of gold, silver, and Bitcoin (BTC). Instead of speculating future prices, Kiyosaki advises crypto investors to concentrate on how much of these assets they own. According to him, the real question isn’t what these assets will be worth in 2025, but how many of them you have today.
Kiyosaki emphasizes the importance of acting now, stating that gold, silver, and Bitcoin are bargains today. He warns that these assets will only be affordable, especially considering the economic landscape. Kiyosaki points out that America is financially unstable, urging people to invest in gold, silver, and Bitcoin (GSBC) before other markets like stocks, bonds, and real estate crash.
I am constantly asked “What price will gold, silver, or Bitcoin be in 2025. My reply is that is a silly question. More important question is how many gold, silver, Bitcoins do you have TODAY? Gold, silver, Bitcoin are bargains today… but not tommow. America is broke. Buy GSBC…
— Robert Kiyosaki (@theRealKiyosaki) September 19, 2023
Kiyosaki Labels Fiat as “Fake Money”
In a related report, Kiyosaki declared that crypto is the future and criticized fiat currencies, referring to them as “fake money.” The well-known investor believes that traditional money is on its way out, allowing digital currencies to take the lead.
The news comes as a fresh perspective in the investment community, steering the focus away from price speculation to asset accumulation. Kiyosaki’s advice resonates with novice and seasoned investors, offering a pragmatic approach to wealth-building in uncertain times. His views align with the broader sentiment that tangible assets like gold and silver and digital assets like Bitcoin serve as a hedge against economic instability.
By shifting the conversation from “how much will it be worth” to “how much do you own,” Kiyosaki challenges conventional investment wisdom. He encourages investors to act swiftly, capitalizing on current market conditions rather than waiting for future price validations.
Current Bitcoin Market Status
Bitcoin (BTC) is breaking free from its prolonged stagnation with Bitcoin price currently trading at $27,190.14, marking a 1.23% rise in the last 24 hours. This recent surge has nudged the renowned Fear and Greed Index, which, for the first time in months, has transitioned from “extreme fear” to a “neutral” stance, scoring 47. This movement highlights the evolving perceptions of both individual and institutional investors, influenced by various market fundamentals.
In the last day, Bitcoin has shown a promising upward trend, climbing 1.14% to its present price of $27,143.8498. However, despite this upbeat trajectory, its trading volume has declined by over 10% to $13.86 billion. Bitcoin’s market cap is currently a staggering $529,046,525,497, with 19,490,475 coins in circulation from a potential total of 21,000,000.
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