if saying Excited for Bitcoin for 2023, the bestselling author of “Rich Dad Poor Dad”, Robert Kiyosaki, does not believe that many cryptocurrencies are expected to survive in the coming years. In a publication via Twitter, the legendary author of personal finance books believes that his investments in bitcoin will bear fruit. His belief in the digital currency is aligned with the fact that he believes that bitcoin shares characteristics with other important and safe assets in commodities, such as gold and oil, for example.
“Q: Are you investing in Bitcoin? A: Yes, I am. I’m very excited about Bitcoin. Why? Because Bitcoin is classified as a commodity, just like gold, silver and oil.”
Showing excited about bitcoin, Robert Kiyosaki wants to buy more and warns investors to avoid other tokens
Although excited about bitcoin as a kind of commodity in his view, the opposite is also true when the author of “Rich Dad, Poor Dad” remembers other cryptocurrencies. According to him, in the same publication made last Friday (30), most tokens should die with US CVM regulations soon. Thus, he must buy more bitcoin to hedge in the market.
“Most crypto tokens are classified as financial securities and SEC regulations will crush most of them. I will buy more BTC.”
Q: Are you investing in Bitcoin?
A: Yes I am. I am very excited about Bitcoin. Why? Because Bitcoin is classified as a commodity much like gold, silver, and oil. Most crypto tokens are classified as a security and SEC regulations will crush most of them. I am buying more BC — therealkiyosaki (@theRealKiyosaki) December 31, 2022
Although bitcoin was born as a digital currency project in the brainchild of its creator Satoshi Nakamoto, many consider the scarce digital currency as an investment. Anyway, in addition to Bitcoin, Robert is also monitoring two other assets for the next year.
“I’ve been a gold investor since 1972, when I was fighting in the Vietnam War”
Last Thursday (29), Robert recalled his past as an investor in hegde assets. The main one in his portfolio follows as gold, which he is still a declared fan, or a “gold bug”, as they assume. When he understood that gold was a fundamental investment for him, the writer was still a US Navy pilot in the Vietnam War.
“I became a gold bug in 1972. I was a Navy pilot in Vietnam flying behind enemy lines hoping to buy gold at a discount because the mine was in enemy hands. world. I predict silver will reach $75 and gold $3,800 in 2023.”
I became a gold bug in 1972. I was a Marine pilot in Vietnam flying behind enemy lines hoping to buy gold at a discount because the mine was in enemy hands. Found out the price of gold is the same all over the world. I predict silver going to $75 and gold to $3800 in 2023. — therealkiyosaki (@theRealKiyosaki) December 29, 2022
That is, the latest tips for 2022 for the legendary investor follow as a warning for investors to seek alternatives to fiat currencies. A staunch critic of currencies issued by central banks, Kiyosaki declared himself excited about gold, silver and bitcoin for the coming year.