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Robert Kiyosaki Bolsters Bitcoin Position: Predicts $100,000 and Advocates Silver Investment

Robert Kiyosaki Bolsters Bitcoin Position: Predicts $100,000 and Advocates Silver Investment

TL;DR

  • Robert Kiyosaki plans to purchase an additional 10 Bitcoin before April, driven by the upcoming halving event and his prediction that the price of Bitcoin will reach $100,000 by September 2024.
  • Kiyosaki recommends those who cannot acquire a full Bitcoin consider purchasing fractions of the cryptocurrency through new ETFs or Satoshis.
  • In addition to Bitcoin, Kiyosaki suggests investing in silver coins, especially American silver eagles, citing the growing shortage of silver supply.

Robert Kiyosaki , the renowned investor and author of “Rich Dad, Poor Dad,” is increasing his bet on Bitcoin.

With the cryptocurrency on a bullish path and the expectation of further gains, especially after the upcoming halving in April, Kiyosaki has announced his intention to purchase an additional 10 Bitcoin before this event arrives.

The bestselling author predicts that the price of Bitcoin will reach $100,000 by September 2024.

He advises those who cannot afford a full Bitcoin to consider purchasing fractions of the cryptocurrency through new ETFs or Satoshis, the smallest units of Bitcoin.

Kiyosaki suggests that if the Bitcoin process works as designed, investors could end up owning a full Bitcoin by the end of the year.

In addition to Bitcoin, Kiyosaki also recommends investing in silver coins, specifically American silver eagles.

According to him, his friend Andy Schectman has seen a decline in silver supply, with an outstanding order for $1 million in pre-1964 silver coins.

Robert Kiyosaki increases his bet on Bitcoin: Predicts $100,000 and recommends investment in silver

Robert Kiyosaki bases his recommendation on the world economic situation, where the USA is the largest debtor nation

In addition to the instability of the real estate market in China, the prolonged economic depression in Japan, and the economic problems in Germany.

It also mentions the common consumer’s growing dependence on credit cards and the geopolitical tensions that threaten to spark conflicts.

The investor quotes Michael Saylor, who calls those who save in fiat currency “poor.”

In line with this, Kiyosaki, Saylor and Schectman urge people to acquire assets such as gold, silver and Bitcoin to avoid being “poor.”

Kiyosaki emphasizes that silver is the most affordable option for many people, with Bitcoin valued at around $70,000 per coin, gold at around $2,500 per coin , and silver at around $35.00 per coin.

With economic and geopolitical uncertainty on the rise, Kiyosaki encourages smart action and asset diversification as a strategy to protect wealth and avoid loss of value in a volatile financial environment.

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