Best-selling author Robert Kiyosaki is changing his investment strategy in favor of Bitcoin (BTC).
The Rich Dad Poor Dad author tells 3.5 million subscribers of his YouTube channel that since 1964, he has been investing in silver but is now trading in silver and gold for Bitcoin.
[adinserter block="1"]According to Kiyosaki, Bitcoin has more upside potential relative to the two precious metals.
“I’m switching as fast as I can out of gold and silver into Bitcoin. Because I think Bitcoin, in 2025, it will probably go to $250,000 a coin.”
Bitcoin is trading at $102,011 at time of writing.
The Rich Dad Poor Dad author says that the massive debt the US holds, currently approximately $36.2 trillion, is a bullish catalyst for Bitcoin.
“The reason Bitcoin is doing so well is because of my generation or the generation before. America is now the biggest debtor nation in history. They’re printing $1 trillion every 90 days.
And as much as I like President Trump, who is a friend of mine, they don’t talk about it. They don’t talk about how they’re going to handle that debt…
…so that’s why for years I have saved silver and gold. But now I’m taking all my silver and gold and converting to Bitcoin.”
Kiyosaki further says,
“This is the biggest change in world history – the shift from fake money to crypto, the digital money. And I’m on it as hard as I can.”
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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