The renowned author of ‘Rich Dad, Poor Dad’, Robert Kiyosaki, has raised his price forecast for bitcoin, now placing it at $150,000. His optimism is fueled by the SEC’s approval of the bitcoin spot ETF yesterday. This article delves into Kiyosaki’s comments on Bitcoin, his investment strategies, and his outlook for the future of the crypto market.
Bitcoin price will soon reach $150,000: Robert Kiyosaki
Kiyosaki, known for his keen financial knowledge, has expressed his satisfaction with his previous investments in Bitcoin. His recent tweet from him, “BITCOIN ETF. Yay. Happy to have bought years ago. Bitcoin to $150k soon,” reflects his confidence in the bullish potential of the leading cryptocurrency. However, his investment strategy is not limited to Bitcoin, as he shares his perspectives on precious metals and fiat money.
BITCOIN ETF. Yay. Glad I bought years ago. Bitcoin to $150k soon. Gold to the moon as Central Banks buy , store, and never sell. Silver to crash as silver stackers sell to pay bills, caused by rising inflation. Great news for silver stackers. Time to buy more as silver crashes.…
— Robert Kiyosaki (@theRealKiyosaki) January 10, 2024
Bitcoin, gold and silver: Kiyosaki’s investments
Kiyosaki also projects a bright future for gold, based on the activities of central banks. At the same time, he anticipates a temporary drop in silver prices due to inflation-induced selling. Despite this, Kiyosaki sees this decline as a buying opportunity for silver enthusiasts. His criticism of fiat money is blunt, and he plans to continue investing in gold, silver and bitcoin using what he calls “fake dollars. ”
Kiyosaki’s advocacy for Bitcoin is rooted in his belief in its value, especially amid the decline of the US dollar due to extensive money printing. Kiyosaki views the Bitcoin ecosystem as a beneficial force for humanity and advocates for its role as a store of value in times of financial uncertainty.
Bitcoin Halving in 2024: Another Important Catalyst
With the crypto community already celebrating the approval of the first bitcoin spot ETF, Kiyosaki focuses his attention on the next Bitcoin halving event, scheduled for April 2024. He highlights the importance of this event, urging his followers to stay informed. Kiyosaki argues that Bitcoin holders could benefit more financially than those who rely on traditional savings methods.
