Robert Kiyosaki steers clear from ETFs, opts for holding Bitcoin directly instead

Nguồn Fxstreet
12/04/2024 08:08
  • Rich Dad Poor Dad author Robert Kiyosaki says he will not buy Bitcoin ETFs. 
  • Kiyosaki stated his dislike for Wall Street’s financial products and preferred packaging his own. 
  • The author is popular for his pro-Bitcoin stance and has recommended his followers buy gold, silver and BTC on several occasions. 

Robert Kiyosaki, author of Rich Dad Poor Dad, is popular for his investment advice and pro-Bitcoin stance on social media platform X. Early on Friday, Kiyosaki shared his thoughts on Bitcoin ETFs and advocated holding the asset directly, instead of a “Wall Street” version. 

Rich Dad Poor Dad author holds Bitcoin, but not BTC ETFs

Robert Kiyosaki recently answered the question, “Will you buy a Bitcoin ETF,” in a tweet on X. While the author is a known Bitcoin proponent and advocate, he explained Exchange Traded Funds (ETFs) are better for most people and institutions. As an entrepreneur, he stays away from Wall Street’s financial products and prefers packaging his own. 

Owning Bitcoin directly requires one to be smarter than most ETF buyers, according to Kiyosaki, this is the best option for him. The entrepreneur continues to promote Gold, Silver and Bitcoin, to users. 

ARK Investment Management’s Cathie Wood recently predicted that Bitcoin price could hit $2.3 million with “optimal allocation.” Kiyosaki backed Cathie’s claim and said “if she is right, I will wish I had bought more.”

The Bitcoin proponent recognizes that Wood’s prediction could be wrong. Regardless of whether Wood’s prediction is correct, Kiyosaki expressed support for making mistakes and learning from them, when investing and buying Bitcoin.

 

Tuyên bố miễn trừ trách nhiệm: Chỉ dành cho mục đích thông tin. Hiệu suất trong quá khứ không đảm bảo cho kết quả trong tương lai.
placeholder
Uniswap price could crash 12% as investors take profitsUniswap (UNI) price looks set to fall in the short term, dragged by a wave of profit-taking from investors after the 46% rally seen last week.
Nguồn  Fxstreet
Uniswap (UNI) price looks set to fall in the short term, dragged by a wave of profit-taking from investors after the 46% rally seen last week.
placeholder
SEC Chair condemns crypto bill that seeks to dodge the regulator’s oversightUS Securities & Exchange Commission (SEC) Chair Gary Gensler expressed concerns about the potential impact of the FIT21 bill on investor protection in a statement on Wednesday.
Nguồn  Fxstreet
US Securities & Exchange Commission (SEC) Chair Gary Gensler expressed concerns about the potential impact of the FIT21 bill on investor protection in a statement on Wednesday.
placeholder
Ondo price poised to break ATH of $1.04The Ondo (ONDO) price has tried to break its recent all-time high but has failed to do so, and now prices are approaching major support levels.
Nguồn  Fxstreet
The Ondo (ONDO) price has tried to break its recent all-time high but has failed to do so, and now prices are approaching major support levels.
goTop
quote