A top financial expert says now is the time to buy Bitcoin, not stocks or bonds.

Robert Kiyosaki shared his opinion on China’s current economic crisis and suggested buying Bitcoin (BTC) to solve the situation.

As we know, China’s current economic growth has been driven by investments in physical assets, especially real estate, financed through an inefficient banking system. High and growing domestic debt, a struggling real estate market and a shrinking workforce have some analysts believing China faces a reckoning.

To combat the real estate market collapse, the majority of Chinese people are rushing to invest their money in gold, silver and stock assets.

On March 21, 2024, world-renowned financial expert Robert Kiyosaki addressed the situation in China and said that China was making the wrong decisions to combat the situation.

Kiyosaki suggested that China purchase as much physical gold, silver, and bitcoin as possible.

Kiyosaki is always ready to fight against the bad economic policies of the US Federal Reserve. Kiyosaki holds 66 BTC and purchased this amount of Bitcoin a long time ago at a very low trading price.

Earlier this week, Kiyosaki shared his thoughts on the surge in Bitcoin’s trading price. He said that buying Bitcoin at high prices will always be beneficial because Bitcoin is completely different from other assets such as gold, silver and oil.

Kiyosaki explained that while the trading prices of gold and oil, traditionally the best assets, will continue to rise, mining volumes will also increase at the same time.

Additionally, Bitcoin mining is limited to 21 million Bitcoins, and once 21 million Bitcoins are mined, it will only increase the transaction price and not the Bitcoin supply.

Bitcoin’s current trading price is $67.5,000, and Bitcoin’s current trading price is down 7% over the past seven days. Bitcoin’s trading price jumped 7% today following the outcome of an economic policy meeting in which the US Federal Reserve (Fed) decided not to change current interest rates.