The famous author of the book “Rich Dad Poor Dad”, Robert Kiyosaki, has warned that stocks, bonds, mutual funds and ETFs will be very risky in the moment and emphasized “bitcoin is the best in the world. period of instability”.
In a tweet on February 18, Kiyosaki offered some investment advice, in which he said that investment portfolios such as stocks, bonds, mutual funds and ETFs should not be entered at this time because very risky.
“Today I advise you not to participate in stocks, bonds, mutual funds, ETFs. My advice is to invest in bitcoin, gold and silver. I believe they are best in volatile times, although prices will fluctuate a lot,” he said.
Kiyosaki noted in April 2022 that “bonds are the riskiest investment during a global crisis,” while recommending investors buy gold, silver, and bitcoin “as an insurance measure against fools are running the world.”
Similarly, he said, “I don’t touch gold or silver ETFs on paper. I just want real gold or silver coins.”
Kiyosaki has been ‘shilling’ gold, silver and BTC for quite some time. Last year, he said that if you invest in bitcoin, you will become rich when US Federal Reserve (FED) rotate and print trillions of dollars.
Talking about bitcoin’s continuous bottoming last year, Kiyosaki said, “I get excited every time BTC hits a new bottom because it’s time to buy more.”
Kiyosaki previously explained that he is a long-term bitcoin investor, not a short-term investor.
Many on Twitter disagreed with Kiyosaki, saying he was just “pumping bitcoins” for his own personal gain.
See also: Robert Kiyosaki: “Bitcoin is a valuable asset when we are in a global recession”
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