• Robert Kiyosaki, best-selling author of “Rich Dad, Poor Dad”, encourages investors to stock on Bitcoin as US economy stabilizes a little.
• The upswing in the stock market is attributed to the removal of the debt ceiling set by Congress on government borrowing.
• Kiyosaki suggests sticking with real money and assets such as gold, silver and Bitcoin instead.
Robert Kiyosaki’s Investment Advice
Renowned financial guru Robert Kiyosaki, known for his best-selling book “Rich Dad, Poor Dad”, has once again caught the attention of investors with a recent Twitter post discussing Bitcoin. Formerly a prominent finance educator, Kiyosaki now encourages investors to keep a close eye on Bitcoin even amidst a period of relative stability in the American economy.
Unexpected Upturn in Stock Market
In an unexpected turn of events, the stock market has experienced an unexpected upswing, and Kiyosaki attributes this trend to the elimination of the debt ceiling. The debt ceiling is a limit set by Congress on the amount that the US government can borrow and it has recently become a contentious issue. Congress decided to completely suspend the ceiling until 2025 after failing to agree on a new limit; this suspension could see national debt rise hand-in-hand with stocks.
Kiyosaki made it clear that he would stick to “real money and real assets: Gold, Silver, Bitcoin .” He said: „The wealthy become wealthier while America becomes poorer.“
Staying with Real Money & Assets
The crypto community pays heed to his investment advice; often looked up to by many in this space. In response to these events Kiyosaki stated that he would stick with “real money & real assets: Gold, Silver, Bitcoin” rather than investing in stocks because of their increased volatility due to rising debt levels.
Bitcoin Maintains Steady Value Range
Despite some market volatility over recent weeks Bitcoin has maintained a steady value range between $29000 – $31000 which indicates its potential as both an asset class and currency during times of economic turmoil when fiat currencies are unstable or devalued due inflationary pressures from central banks printing more money into circulation.
Therefore it appears that Robert Kiyosaki’s advice stands true – if you want stability then you should look towards real money & assets such as gold silver and bitcoin when investing during times like these where there is so much uncertainty surrounding future economic conditions within developed countries around world like USA