Robert Kiyosaki: Bitcoin to Hit $100K and Why I Love It!
• Rich Dad Poor Dad author Robert Kiyosaki has shared why he loves bitcoin and when he began investing in the cryptocurrency.
• Expecting to see $100K per bitcoin, he emphasized that the crypto does not need the Fed or government bailout because it’s “people’s money.”
• He previously said he bought some more BTC at $9,000 and expects the price of bitcoin to keep rising.
Rich Dad Poor Dad Author Robert Kiyosaki Loves Bitcoin
Robert Kiyosaki, author of Rich Dad Poor Dad, loves bitcoin and has a high expectation for its price. He recently revealed that 60 bitcoins were purchased at $6,000 each and some more at $9,000. He believes that it does not need government or Fed bailout because it is people’s money.
Why Robert Kiyosaki Likes Bitcoin
When bitcoin started to climb up to over 20k then dropped almost all of its value, Kiyosaki thought it was finished but soon changed his mind when it slowly rose back up to 6k. That’s when he decided to buy „lots“ of them. It is assumed that this would be around the time when Rich Dad Poor Dad was selling well as 32 million copies have been sold in 51 languages across 109 countries since 1997.
Prediction for Bitcoin Prices
Kiyosaki has recommended buying gold, silver and bitcoin alongside one another for quite some time now and his latest prediction is that BTC will hit the 100k mark in the future. In February this year, he predicted an even higher 500k mark by 2025 with gold at 5k and silver at 500 dollars respectively by then too.
Warning about U.S Economy
The famous author has continued warning about the U.S economy direction and how Federal Reserve rate hikes can crash stocks bonds real estate along with U S dollar eventually leading to hyperinflation . Last month ,he predicted a crash landing ahead ,noting how much damage Fed rate hikes can cause..
It is clear from Robert Kiyosaki’s statements that he strongly believes in digital currencies such as Bitcoin for their potential returns on investment rather than relying on traditonal investments such as gold or silver which may be affected by government policies in future times .