Post
Topic
Board Bitcoin Discussion
Re: Robert Kiyosaki Cautions Against Bitcoin ETFs
by
348Judah
on 30/06/2024, 19:46:17 UTC
Most people invest in Bitcoin already Financially successful. Seeing their success, many have decided to invest. But as a new investor, be careful in (ETF) investing. Robert Kiyosaki warns against investing in Bitcoin exchange-traded funds (ETFs). He prefers to invest in real bitcoins, calling bitcoin ETFs fake bitcoins.Last Thursday, Kiyosaki explained on social media platform X why he doesn't invest in bitcoin ETFs, saying he avoids them "for the same reason" he doesn't buy gold or silver ETFs.

Bitcoin ETF is not bitcoin investment, there is difference, ETF is a centralized investment on organizational bonds and shares and this is totally outside the bitcoin network because it have to do with fiats and centralized institutions and organizations, while bitcoin is a cryptocurrency and is being decentralized, secondly on what we should know about the ETF of a thing is that they have to rely only on bitcoin price for their market price on what they offers to their clients, we shouldn't take it same as bitcoin investment, because you're not directly having the bitcoin.