‘Now is not the time to buy stocks and bonds, but Bitcoin’, suggests Robert Kiyosaki

Bitcoin (BTC) supporter, financial expert and author of the book “Rich Dad, Poor Dad”, Robert Kiyosaki, recently issued a warning related to the current scenario of financial markets and the important role of the largest cryptocurrency in the current economic situation.

In his statement in a publication on Platform X, Kiyosaki criticized China, highlighting that the country is in trouble and borrowing money to buy shares in order to support the stock market.

“CHINA in TROUBLE. China borrowing money to buy shares and prop up the stock market. SOLID China. DESPERATE. The real problem is that consumers around the world have stopped buying,” she said.

The financial expert advised his followers that this is the time to invest in Bitcoin and not in stocks and bonds. “This is not the time to buy stocks and bonds. This is the time to buy real gold, real silver and as many Bitcoins as you can afford,” he added.

CHINA in TROUBLE. China borrowing money to buy stocks to prop up stock market. China FOOLISH. DESPERATE. The real problem is consumers of the world have stopped buying. This is not the time to buy stocks and bonds. This is the time to buy real gold, real silver and as many…

— Robert Kiyosaki (@theRealKiyosaki) March 20, 2024

Bitcoin on the Way to $300,000: Robert Kiyosaki’s Optimistic Forecast

In the cryptocurrency market, the voice of Robert Kiyosaki, famous for his book “Rich Dad, Poor Dad”, echoes with a new prediction that captures investors’ attention. Kiyosaki, an influential financial guru, has projected a bright future for Bitcoin, predicting that the cryptocurrency could reach the $300,000 mark by the end of 2024.

With Bitcoin gaining momentum, Kiyosaki utilized his social media platforms to instigate action among his followers. “BITCOIN on fire,” he proclaimed, underlining the need to capitalize on the current market momentum. He argues that even a modest investment could turn into substantial gains, given Bitcoin’s potential to rise to $300,000.

At the time of publication, the price of Bitcoin was quoted at US$67,064.82, up 4.1% in the last 24 hours.

Disclaimer:

The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.