Robert Kiyosaki slams Buffett’s take on crypto even as Bitcoin wipes out $400B in 1 week. Is it time to buy or bail?

Meanwhile, Kiyosaki continued his tweet saying, “Doesn’t WB know that stocks crash, real estate crashes, and US govt Bonds the “safest” investments in the world are at present being “dumped” by the Japanese and Chinese Central Banks?"

And although he doesn’t trust the Federal Reserve Bank, U.S. Treasury or Wall Street, “apparently Buffet does.”

While Buffett may have likened bitcoin to the intangible idea of “Buffettcoin,” Kiyosaki said he invests in crypto specifically because Buffett and the government can’t make it:

“I invest in Bitcoin and Ethereum knowing they can boom and bust, because the Fed, the US Treasury, nor Buffet can produce Bitcoin or crypto.”

Trending: Robert Kiyosaki says this 1 asset will surge 400% in a year — and he begs investors not to miss its ‘explosion’

The Kiyosaki investment strategy

Kiyosaki continued to explain his investing belief system in the post, noting that he calls crypto the “people’s money,” real gold and silver “god’s money,” and stocks, bonds and ETFs “fake” or “counterfeit money.”

So who does Kiyosaki blame for why so many investors flock to these “fake” assets? “Our Marxist school systems,” that is. He argues schools fail to teach financial education, which is what inspired his Rich Dad Company 25 years ago.

If you agree with Kiyosaki and you want to get in on the “people’s money,” now that crypto is crashing, it might be a good time to break into the bitcoin market, since you can buy during the dip.

For those looking to take advantage of this lower price, platforms like Robinhood Crypto allow users to purchase some of the most popular coins on the market. You can buy and sell with as little as $1, and you won’t be charged significant trading fees or commissions.

Robinhood has the lowest trading cost on average in the U.S. — meaning you could get up to 1.9% more crypto compared to trading on other platforms.

And if you’re not comfortable with the risks crypto presents, Kiyosaki’s other favorite — gold — could provide a safer alternative asset to invest in. While the price of gold reached all-time highs this year, peaking at $4,326 in October (6), it has since dropped to $4,077 due to broader market uncertainty (7).

One way to invest in gold that can also provide significant tax advantages is to open a gold IRA with the help of Thor Metals.

Gold IRAs allow investors to hold physical gold or gold-related assets within a retirement account, which combines the tax advantages of an IRA with the protective benefits of investing in gold — making it an attractive option for those looking to potentially hedge their retirement funds against economic uncertainties. Thor Metals is also 100% American-owned and operated.

If you prefer physical gold to its digital cousin, you can learn more today via Thor Metals’ free information guide. Even better, you can get up to $20,000 in free metals on qualifying purchases.

The Buffett investment strategy

Buffett’s statements around crypto have never been positive, and his belief in tangible assets makes for a straightforward investing strategy that even novice investors can easily follow.

Always a proponent of low-cost, “set it and forget it” long-term index fund investing, the key to his strategy is getting started as soon as possible.

If you prefer Buffett’s tried-and-true strategy, but you’re not sure how to get started, a simple investment platform like Acorns can help.

Acorns makes investing early easy, even for the uninitiated investor, by simply turning your extra change into investments on every purchase you make.

This is how it works: If you buy lunch for $15.30, Acorns will round up the price to $16.00 and invest the 70-cent difference into a smart portfolio of ETFs — the kind Buffett recommends. Watch as those coins snowball into a sizable investment throughout the year, with zero work on your part.

And if you’re ready to supercharge your investment account, Acorns can even accept a monthly contribution to your portfolio. New users can also get a $20 bonus investment when you set up a recurring monthly deposit.

The neutral strategy

If you’re unsure which path is right for you, the best thing to do is work with an advisor you trust to develop a plan that suits your risk tolerance and investing timeline.

If you’re not sure where to find a qualified advisor, consider Advisor.com. Just answer a few quick questions and provide your ZIP code to be matched with the best potential advisors for your needs.