The latest reminder from the author of 'Rich Dad Poor Dad': Don't be fooled by ETFs! What ordinary people should stock up on to fight crises are these three items.
Recently, the author of 'Rich Dad Poor Dad' has spoken again: when the next financial crisis hits, absolutely do not follow the trend to buy any ETF funds! He said that what ordinary people should really stock up on are these three hard currencies—Bitcoin, physical gold, and physical silver.
Why does he say this? The old man is spot on: all governments are madly printing money, and the money you have in the bank is losing value every day.
Bitcoin is equivalent to digital gold, with a total of 21 million coins, and no one can change that number. When a significant event occurs, this kind of decentralized asset is what you can rely on.
Now let's talk about real gold and silver; this is not a metaphor! Gold has been recognized as hard currency by our ancestors for thousands of years, and silver is increasingly used in industry, with prices still at rock-bottom levels.
Remember, if you're going to buy, buy physical assets that you can see and touch; don’t fall for those paper gold and paper silver gimmicks.
In contrast, the currently hot ETFs are, to put it bluntly, tools for Wall Street institutions to harvest retail investors. What you’re buying is not real gold and silver; it’s just a 'digital IOU' that could depreciate at any moment. When chaos strikes, these financial games can collapse in an instant.
So, for us ordinary folks wanting to protect our wallets, we should honestly stock up on 'treasures for a rainy day.' Keep Bitcoin in cold wallets, and store gold bars and silver coins in a safe; that's the way to combat inflation.
Remember, when a crisis strikes, what you can hold in your hands is the real deal!
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