- Robert Kiyosaki had said that investments in real estate and gold may not be the future of finance as crypto starts to gain more attention.
- Speaking in an interview early this month he said that traditional investments such as gold and real estate will be overtaken by crypto.
The author of Rich Dad Poor Dad, Robert Kiyosaki had said that investments in real estate and gold may not be the future of finance as the world of cryptocurrency starts to gain more attention.
Speaking in an interview early this month on the 8th of July with the well-known bitcoin advocate, Anthony Pompliano on Kiyosaki’s radio show, he said that traditional investments such as gold and real estate will be overtaken by crypto.
Kiyosaki added that even though he’s an old guy and it took him a while to get on board with cryptocurrency, he is now buying into it. He even predicted that the price of the leading crypto assets would reach $75,000 within three years.
He further said:
“I think it’s important, especially for old guys like me, to understand the crypto world because that’s the world that’s coming into view right now and us real estate and gold guys are being phased out.”
The prediction from the author comes after gold reached its highest price in nearly 10 years on the 9th of July this year as it broke above the $1800 key resistance level.
But as the coronavirus continues throughout the world, economic fears are rising and let the federal reserve to print more money which has led many traders/investors to look for alternatives to put their investment.