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'Rich Dad Poor Dad' Author Calls Bitcoin Fast Track Investment, Here’s What He Means

source-logo  u.today 29 June 2024 10:13, UTC

Robert Kiyosaki, who is known for his active investments in Bitcoin and other highly speculative assets, as well as for his book “Rich Dad Poor Dad”, has published a lengthy tweet to talk about Bitcoin and other fast track investments.

“Rich Dad Poor Dad” author talks about his business of educating beginning entrepreneurs and teaching them how to improve their “financial IQ” as he calls it. He talks about “fast track investments,” including Bitcoin and a new asset investing in which is going to be very profitable in the near future as it is useful for the environment and is likely to have a big demand.

Fast track investments and Bitcoin, Lithium

Robert Kiyosaki has told his audience about the “Rich Dad”’s “cashflow boardgame” that he sells to his customers. In this game, he stressed, investors prove their “financial IQ” and improve it. While talking about the game, he compared it to how things happen in real life too – people ““graduate” from the “Rat Race” to the “Fast Track”,” he wrote.

FAST TRACK INVESTMENT.

FYI: For those who have played Rich Dad’s Cashflow Boardgame….you know there are two levels of investments.. for two levels of investors.

Small investors start in the “Rat Race” investing in small deals and big deals.

In the Cashflow game….when the… pic.twitter.com/j1jtzjZVkK

— Robert Kiyosaki (@theRealKiyosaki) June 28, 2024

Kiyosaki revealed that he himself has been betting on Fast Track investments more more than 30 years. They are “much more fun” and require a much higher “financial IQ” since they involve much more risk and promise much higher returns provided that an entrepreneur and his team are smart enough in this.

Kiyosaki published a picture that was taken in Canada, where he and his partner Marin Katusa are sitting on a vein of Lithium worth $5 million.

The financial guru and writer reminded his 2.5 million X audience that these days Lithium is a “hot new precious metal” and particularly Tesla has a high demand for it to make electric batteries for its e-vehicles. “Lithium helps save the planet,” Kiyosaki wrote, that is why this seems like a perfect investment asset for him. However, he does not forget about Bitcoin, saying that he keep repeating in every his interview: “Gold, Bitcoin, Lithium.”

Bitcoin at $350,000 this summer, Kiyosaki says

Earlier this month, Kiyosaki stunned the crypto community with a brave Bitcoin price prediction, saying that BTC may reach a whopping $350,000 by August this year.

However, this week, he clarified that he prefers to buy BTC directly and will never invest in a spot Bitcoin ETF.

u.today