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Robert Kiyosaki Predicts Bitcoin Price Surpassing IDR 1.5 Billion

Aulia Akbar, CNBC Indonesia

My Money

Tuesday, 15/08/2023 13:00 WIB

Foto: Patrick McMullan via Getty Image/Patrick McMullan

Jakarta, CNBC Indonesia – Shortly after mentioning gold as money from God, now Robert Kiyosaki is making predictions via tweets on his Twitter account. The author of the book Rich Dad Poor Dad said the price of Bitcoin would soon penetrate IDR 1.5 billion.

“Bitcoin is headed for US$ 100 thousand (Rp 1.5 billion). Every year (I) say that gold and silver are God’s money. Bitcoin is (the money) of the people. Bad news IF stocks and bonds crash then gold and silver will skyrocket. THE WORST NEWS IF, the world economy is destroyed, Bitcoin is US$ 1 million (Rp 1.5 trillion), gold is US$ 75 thousand (Rp 1.1 billion) and silver is US$ 60 thousand (Rp 919 million). LIKE SAVING fake money Dollars will be in trouble. DEBT is getting higher. Fathers, mothers and children are in trouble. I hope I’m wrong. Be careful,” tweeted Robert Kiyosaki.

Hearing Kiyosaki’s words while watching the price movements of gold and Bitcoin, is now the right time to buy? Or even vice versa?

Investing in the style of Robert Kiyosaki

Kiyosaki once said that as an entrepreneur he doesn’t like stocks. This remark arose when he commented on the problem of the debt ceiling in the United States (US).

In fact, everyone’s choice of investment instrument cannot be equated with one another. Everyone has different preferences.

Looking at the assets Kiyosaki chose, none of them could generate a steady income.

Gold is indeed suitable for long-term investment and will continue to rise when the country’s economy is experiencing uncertainty. However, when the economy grows, stock-type assets whose performance has the potential to increase.

Meanwhile, digital assets such as Bitcoin have longer trading hours than stocks and their fluctuations are also high. Not everyone is suited to an instrument with Bitcoin-like characteristics.

For beginners, gold may be an instrument that can be tried. But there’s nothing wrong with diversifying into stocks or stock mutual funds so you can also benefit when the economy improves.

Watch the video below:

Gold Shop Closing Makes You Sad, Jewelry Investment Makes You Lose?

(aak/aak)

2023-08-15 06:00:00
#Robert #Kiyosaki #Bitcoin #Price #IDR #Billion

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