2024

Bitcoin ETF

Bitcoin

<figure> 
 <figcaption>
  Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
<p lang="en-GB" xml:lang="en-GB"><a href="https://u.today/rich-dad-poor-dad-author-reveals-how-much-bitcoin-he-bought-after-etf-approval">Robert Kiyosaki</a>, an expert at investing and the author of the classic book on finance management “Rich Dad Poor Dad,” who supports Bitcoin, has taken to the X social media platform (formerly known as Twitter) to tell his audience what he thinks about the much-hyped Bitcoin ETFs.</p>
<p lang="en-GB" xml:lang="en-GB">Kiyosaki revealed the key reason why he would not buy any. As the investor wrote multiple times previously, aside from Bitcoin, he also prefers physical gold and silver as safe haven assets, and he likes real estate too – that is what he started with in the 1990s, when his aforementioned book was first published.</p>
<h2 id="no-to-bitcoin-etfs-here-s-why">No to Bitcoin ETFs, here's why</h2>
<p lang="en-GB" xml:lang="en-GB">Robert Kiyosaki tweeted that he does not plan to buy any Bitcoin exchange-traded funds. The expert said that he prefers to invest in real assets and not Wall Street financial products based on them. He reminded his 2.1 million followers that he owns gold and silver mines and coins but not ETFs based on these precious metals.</p>
<p lang="en-GB" xml:lang="en-GB">He is also invested in real estate directly, being an owner of apartment buildings, but he does not invest in real estate ETFs. He added that these funds are “best for most people and institutions.”</p>
<blockquote>
 <p lang="en" dir="ltr">Q: Will you buy the Bitcoin ETF?A: No. Just as I own gold and silver coin and mines and own apartment houses I do not own gold or silver ETFs or REITS, real estate ETFS. ETFs are best for most people and institutions. Personally I am an entrepreneur and prefer to stay as far…</p>— Robert Kiyosaki (@theRealKiyosaki) <a href="https://twitter.com/theRealKiyosaki/status/1778640352444084425?ref_src=twsrc%5Etfw">April 12, 2024</a>
</blockquote> 
<p lang="en-GB" xml:lang="en-GB">However, Kiyosaki explained, that since he is an entrepreneur, he prefers to keep away from Wall Street financial products and package his own instead. Here, the “Rich Dad Poor Dad” author says, it is important to answer the question, “What is best for you?”</p>
<h2 id="bitcoin-will-reach-2-3-million-kiyosaki-believes">Bitcoin will reach $2.3 million, Kiyosaki believes</h2>
<p lang="en-GB" xml:lang="en-GB">In a tweet published earlier this week, Kiyosaki sang the praises of Cathie Wood, the renowned investor and CEO of Ark Invest (and one of the Bitcoin ETF issuers too). In particular, Kiyosaki mentioned her recent forecast, where she predicts the world’s leading cryptocurrency, <a href="https://u.today/rich-dad-poor-dad-author-bitcoin-btc-price-will-reach-23-million">Bitcoin, to soar as high as $2.3 million</a> in the future.</p>
<p lang="en-GB" xml:lang="en-GB">She could be wrong, he said in the tweet, but Kiyosaki still wrote that he also believes BTC can reach that all-time high eventually. Still, he wrote that most people will hardly own any Bitcoin, since they prefer to play it safe. Kiyosaki is a believer that mistakes teach investors better than any school and that successful people will always learn from their mistakes, not being afraid to make them.</p>

'Rich Dad Poor Dad' Author: I Will Never Buy Bitcoin ETFs

Table of Contents

U_Today

Autres articles publiés le 12 avr. 2024

Hong Kong Nears Approval for Bitcoin and Ether Spot ETFs

BU Task Force Recommends Cautious Use of AI-Detector Apps and a Critical Approach to AI

Crypto Mining Faces Electricity Clampdown in British Columbia

100% of PENDLE investors in profit: This could be a red flag as…

Bitgert Coin’s Meteoric Rise: A Closer Look At The Trending Crypto of the Week

Cardano and Shiba Inu Face Tough Market Conditions

Join our free newsletter for daily crypto updates!