Robert Kiyosaki Expects Bitcoin’s Price to Keep Rising — Says ‘I’m Betting on It’

The writer of Rich Dad Poor Dad, Robert Kiyosaki, expects the terms of bitcoin to support rising. “I’m betting connected it,” helium said. Kiyosaki besides shared that helium bought 60 bitcoin erstwhile the terms of the cryptocurrency was astatine $6,000 per coin.

Robert Kiyosaki Expects Bitcoin’s Price to Keep Going Up

The writer of Rich Dad Poor Dad, Robert Kiyosaki, has expressed his assurance that the terms of bitcoin volition support going up. Rich Dad Poor Dad is simply a 1997 publication co-authored by Kiyosaki and Sharon Lechter. It has been connected the New York Times Best Seller List for implicit six years. More than 32 cardinal copies of the publication person been sold successful implicit 51 languages crossed much than 109 countries.

Kiyosaki tweeted Tuesday:

Bitcoin up implicit 100% successful a year. Will bitcoin support going up? I’m betting connected it.

At the clip of writing, bitcoin is trading astatine $30,264.50, up 82% year-to-date. However, the largest cryptocurrency is down 26% from the erstwhile twelvemonth but up 224% implicit the past 5 years.

The celebrated writer added: “Why bargain much gold, silver, bitcoin? Because Fed, Treasury, and Biden are liars.” This was not the archetypal clip helium has expressed his distrust towards the Federal Reserve, the Treasury, and the Biden administration. He warned that the U.S. system is headed for a clang landing.

On Monday, Kiyosaki advised investors to recognize the reasons down immoderate bargain oregon merchantability recommendations. He tweeted: “Steve Van Metre says ‘Sell golden now.’ David Hunter says ‘Buy golden now.’ Who bash you believe?” Noting that some men are smart, the renowned writer stated: “All markets are made of buyers and sellers. Your occupation is to find retired logic down seller and buyer. Opposing logic makes you smarter which is much invaluable than $.”

In an occurrence of his Rich Dad Radio Show, aired past week, Kiyosaki revealed that helium bought 60 bitcoin astatine $6,000 per coin. He detailed:

I owned bitcoin … I waited for it to get to $20,000, it went down to $1,000, $3,000 and I watched it and watched it. I wanted to marque definite it was gonna bent around. So I picked up 60 bitcoin astatine $6,000.

Kiyosaki has been recommending bitcoin alongside golden and metallic for rather immoderate time. In February, helium predicted that BTC’s terms would scope $500,000 by 2025. He besides predicted that golden would surge to $5,000, and metallic to $500. He calls bitcoin “people’s money.” In December past year, helium said radical who ain gold, silver, and bitcoin will get richer erstwhile the Fed pivots and prints trillions of dollars, which helium calls “fake money.”

Besides the Rich Dad Poor Dad author, galore others judge that the terms of the largest crypto volition emergence substantially. Venture capitalist Balaji Srinivasan made a bet successful March that BTC volition beryllium worthy much than $1 cardinal successful 90 days. Pantera Capital precocious said we are already successful the next bull marketplace cycle for bitcoin.

Do you hold with Rich Dad Poor Dad writer Robert Kiyosaki astir the terms of bitcoin? Let america cognize successful the comments conception below.

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