Bitcoin and gold investors should be debating about whether it is better to buy Ferraris or Lamborghinis, according to 'Rich Dad Poor Dad' author Robert Kiyosaki
Bitcoin and gold investors should be debating about whether it is better to buy Ferraris or Lamborghinis, according to 'Rich Dad Poor Dad' author Robert KiyosakiDisclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies.
Even though the investment community is still preoccupied with never-ending Bitcoin versus gold debates, Kiyosaki believes that the"cowards" who are pitting those two assets against each other will be"big losers" as soon as the U.S. Federal Reserve performs its much-anticipated dovish pivot.Kiyosaki expects"real assets" to experience significant price appreciation due to the Fed's rate cuts.
Instead of arguing with each other, Bitcoin and gold investors should be busy discussing whether they should buy Ferraris or Lamborghinis during the upcoming bull run."You may soon be looking good driving a Ferrari or Lamborghini," Kiyosaki added., Bitcoin recently decoupled from gold despite the fact that both of them are safe haven assets that are supposed to compete against each other. This can be explained by the risk-averse macro environment in the U.S.
The top cryptocurrency has reclaimed the pivotal $60,000 level, but it is still far from its lifetime peak that was achieved in March.Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
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