• Robert Kiyosaki, the best-selling author of “Rich Dad, Poor Dad” encourages investors to invest in Bitcoin as US economy stabilizes.
• The stock market has experienced an unexpected upswing due to elimination of the debt ceiling.
• Kiyosaki suggests investing in real money and assets such as gold, silver and bitcoin.
Robert Kiyosaki Urges Investors to Stock on Bitcoin
Renowned financial guru Robert Kiyosaki , known for his best-selling book “Rich Dad, Poor Dad,” has once again caught the attention of investors with a recent Twitter post discussing Bitcoin. Formerly a prominent finance educator, Kiyosaki now encourages investors to keep a close eye on Bitcoin, even amidst a period of relative stability in the American economy.
US Debt Ceiling Removal
In a surprising turn of events, the stock market has experienced an unexpected upswing, and Kiyosaki attributes this trend to the elimination of the debt ceiling. The debt ceiling is a limit set by Congress on the amount that the US government can borrow, and it has recently become a contentious issue. Congress decided to completely suspend the ceiling until 2025 after failing to agree on a new limit. This suspension could see the national debt rise hand-in-hand with the stock market.
Kiyosaki made it clear that he would stick to “real money and real assets: Gold, Silver, Bitcoin .” Last month, Congress approved an agreement to raise the government’s borrowing limit successfully averting a potentially catastrophic default on US debt payments. He believes that while wealthy people will get richer as America becomes poorer so people should invest in real money and assets such as gold silver or bitcoin for their own safety rather than depending upon stocks only.
Bitcoin Value Range
Despite all these changes in stock markets Bitcoin maintains its steady value range between $29000-$31000 despite all market volatility which shows its strength when compared with other investments options available in market like stocks or bonds etc .
The crypto community pays heed towards Robert Kiyosakis advice about investing in bitcoin during uncertain times like present where we are experiencing some sort of stability but with lot more uncertainty looming over us .So it is advisable for everyone invest wisely for there future using reliable options like gold ,silver or bitcoin etc