Robert Kiyosaki Recommends Bitcoin Before It’s Too Late

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Robert Kiyosaki Recommends Bitcoin Before It’s Too Late

Robert Kiyosaki, the author of Rich Dad Poor Dad, urged his X (Twitter) followers to invest in Bitcoin, gold, and silver, emphasizing the urgency with his statement, “Before it’s too late.”

The gold bug made this recommendation against the backdrop of his frequent warnings about an impending financial crisis. Kiyosaki particularly noted that gold has reached a new high of $2,014.89, but stressed the downside for workers and savers in the current economic climate.

In a tweet dated November 26th, he expressed his concern, saying: “Great News Gold reaches new high. Bad News: Workers and savers are losers. Bad News: been saying the same for 25- years. Don’t be a loser. Get out of FAKE money system. Get into gold, silver, Bitcoin now…. Before it’s too late.”


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Kiyosaki’s Distrust in Fiat is Growing

Robert Kiyosaki’s skepticism towards fiat currencies, especially the U.S. dollar, and the institutions that issue them, like central banks, is well-known among his followers.

He argues that these institutions prioritize banks over the average person. He has consistently highlighted the importance of financial literacy and the need to invest in gold, silver, and Bitcoin as a means to safeguard against economic uncertainties.

Currently, Bitcoin is trading at approximately $37,064, witnessing a minor decrease in the last 24 hours but still showing a huge 120% gain YTD.

RObert Kiyosaki

Get your Bitcoin Into Cold Storage

Securing your Bitcoin is paramount, and one of the most reliable methods is moving them into cold storage. Cold storage refers to keeping your Bitcoin private keys offline, where it’s safe from online threats like hacking or malware.

A popular and highly recommended option for this is using a Trezor hardware wallet. Trezor wallets are physical devices designed to store Bitcoin securely. They allow you to keep your private keys offline, while still being able to manage your assets with ease.

Disclaimer

Please be advised that the contents of these posts are not to be construed as investment advice. While some of our contributors may be price analysts, their opinions and analyses are personal views and are shared with the intention of promoting discourse and understanding.

Always conduct your own research and consult with a professional financial advisor before making any investment decisions. The Bitcoin market can be volatile, and past performance is not indicative of future results. Invest at your own risk.

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