Kiyosaki Ignores BTC and ETH Prices—Here’s Why You Should Too
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He also explained why he believes silver is 'superior.'
Two months after indicating that he had cashed out his BTC holdings to venture into other investments, the New York Best-Seller author said on X that he will continue to buy bitcoin, ether, gold, and silver.
Moreover, he noted that he doesn’t care about the assets’ price moves and explained why.
Price Moves Don’t Bother Kiyosaki
On a self-asked question whether the investor and author cares when BTC, gold, and silver go up and down, he explicitly said “No, I don’t care.” This is because there are larger issues at hand, such as the quickly growing national debt of the US. Additionally, the purchasing power of the world’s reserve currency, the US dollar, continues to decline, he added. Bloomberg reported yesterday that the greenback registered its worst trading week against other fiat currencies since June last year.
Kiyosaki also asked why investors should be focused on the price of the four aforementioned assets when the “world has incompetent, highly educated PhDs controlling the Fed, the Treasury, and [the] US Government.”
Instead, his investment strategy is to just “keep buying more gold, silver, Bitcoin, and Ethereum and get richer.”
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