Robert Kiyosaki foresees Bitcoin reaching $100k by September.
Renowned author Robert Kiyosaki, famous for his book “Rich Dad, Poor Dad,” has made a bold prediction about Bitcoin, foreseeing its value reaching $100,000 by September. Kiyosaki, known for his expertise in wealth-building and investment, plans to purchase an additional 10 Bitcoins before April, highlighting the upcoming Bitcoin halving event as a crucial opportunity for potential investors.
For those who cannot afford a whole Bitcoin, Kiyosaki suggests considering investing in Bitcoin ETFs or Satoshis, which are fractions of a Bitcoin. He hints that by following this strategy, it may be possible to own a whole Bitcoin by the end of the year if everything goes according to plan.
In contrast to his Bitcoin prediction, Kiyosaki also recommends investing in silver, particularly U.S. silver eagles, for those who are less interested in Bitcoin. He cites his friend Andy Schectman’s insights on the diminishing supply of silver, and the challenges associated with acquiring pre-1964 U.S. silver coins, also known as junk silver.
Kiyosaki’s investment advice comes against the backdrop of a bleak global economic landscape. He points out various factors contributing to financial instability, including the United States’ status as the largest debtor nation, China’s struggling property market, Japan’s prolonged economic slump, Germany’s descent into depression, consumers’ reliance on credit cards, troubled banks, and the looming threat of global conflict.
In line with Bitcoin advocate Michael Saylor, Kiyosaki emphasizes the risks of saving in fiat currency, which Saylor derogatorily refers to as fake money. To avoid financial impoverishment, Kiyosaki, Saylor, and Schectman all advocate for the acquisition of gold, silver, and Bitcoin. Kiyosaki highlights the affordability of silver, making it accessible to a wider audience. Currently, Bitcoin is priced at $70,000, gold is approximately $2,500, and silver is valued at around $35 per coin.
Read more: Crypto products experience a record outflow of $942 million, breaking the trend of seven consecutive weeks of influx.
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