Robert Kiyosaki and Cathie Wood shared their views on investing, focusing on the accumulation of assets like Bitcoin, gold, and silver, regardless of their current prices.
Kiyosaki's Core Approach to Assets
Kiyosaki argues that wealth is defined not by short-term price fluctuations but by the accumulation of high-value assets. He advises against waiting for prices to drop, instead advocating for consistent purchases of gold, silver, and Bitcoin. He stated, "Do not sit there and wait for the price to crash. You should be stacking gold, silver, and Bitcoin every day, regardless of the emotions created by rising or falling prices."
Confidence in Assets Over Institutions
Kiyosaki expresses concerns about systemic economic risks and refers to the current financial setup as 'fake money.' He believes that gold, silver, and Bitcoin, regarded as real assets, are not subjected to the influence of centralized entities. According to him, accumulating these possessions is essential not for speculation but to safeguard one's wealth.
Price Forecasts for Assets
Kiyosaki predicts that Bitcoin could reach $250,000 to $300,000 by the end of 2025. Cathie Wood, CEO of ARK Invest, forecasts that by 2030, Bitcoin's price could soar to between $1 million and $1.5 million due to institutional investments and limited supply.
Kiyosaki and Wood emphasize that financial security hinges on how much we own rather than the current worth of those assets. They encourage investors to adopt a long-term perspective on asset accumulation as a means to protect against inflation and shifts in the global economy.
