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Robert Kiyosaki, the 'Rich Dad' author, confesses his lack of knowledge on Bitcoin

Robert Kiyosaki, the ‘Rich Dad’ author, confesses his lack of knowledge on Bitcoin

Robert Kiyosaki Reiterates Importance of Bitcoin and Silver in Portfolio

Renowned investor and author Robert Kiyosaki, known for his bestselling book “Rich Dad Poor Dad,” continues to emphasize the significance of including Bitcoin (BTC) and silver in one’s investment portfolio. Kiyosaki discussed the role of these assets in the financial world during a conversation with Miles Franklin Precious Metals Investments CEO Andy Schectman and author Charles Goyette on an episode of “The Rich Dad Channel.” Although Kiyosaki admitted he didn’t have much knowledge about Bitcoin, he expressed confidence in its success due to the involvement of intelligent investors who support it.

The Perspective on Bitcoin and Silver

While Kiyosaki endorsed Bitcoin, Goyette expressed caution, preferring to rely on traditional assets that have proven their value over centuries. However, Schectman suggested that both Bitcoin and silver could coexist in an investment portfolio. He acknowledged that they share a common goal of challenging the existing monetary system and have inspired younger generations to pay attention to alternative financial options.

Kiyosaki’s Support for Bitcoin

Kiyosaki has been a strong advocate for Bitcoin in the past. He previously predicted that if the global economy were to crash, the price of Bitcoin could potentially reach $1 million. Although he later revised his predictions, he still advises his followers to consider the impact of events like the Bitcoin halving.

Current Status of Bitcoin

At present, Bitcoin is trading at $42,284, reflecting a 0.73% decline over the past 24 hours. However, it has seen a 4.06% increase over the last seven days and a 1.22% gain in the last month according to Finbold data as of January 29.

Hot Take: Robert Kiyosaki Encourages Inclusion of Bitcoin and Silver in Portfolios

Renowned author and investor Robert Kiyosaki continues to emphasize the importance of including Bitcoin and silver in your investment portfolio. During a recent conversation, Kiyosaki expressed confidence in Bitcoin’s success due to the involvement of intelligent investors who support it. While some may prefer traditional assets, others believe that both Bitcoin and silver can coexist in an investment portfolio. Kiyosaki has been a strong advocate for Bitcoin, predicting that its price could reach $1 million if the global economy crashes. As of now, Bitcoin is trading at $42,284, showing a decline over the past 24 hours but overall positive performance over the last week and month.

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Robert Kiyosaki, the 'Rich Dad' author, confesses his lack of knowledge on Bitcoin