⛔ Stop guessing ⛔ Use our free stock screener to find new opportunities fast Try Free Screener

'BTC to $100,000': 'Rich Dad Poor Dad' Author Makes Bold Bitcoin Price Prediction

Published 2023-04-21, 06:04 a/m
'BTC to $100,000': 'Rich Dad Poor Dad' Author Makes Bold Bitcoin Price Prediction
BTC/EUR
-
BTC/USD
-
BTC/EUR
-
BTC/JPY
-
BTC/USD
-
BTC/JPY
-
BTC/GBP
-
BTC/GBP
-

U.Today - Bestselling author of "Rich Dad Poor Dad," Robert Kiyosaki, has made a bold prediction that Bitcoin's price will reach $100,000. In a recent tweet, shared his love for Bitcoin, citing its independence from government and financial institutions as one of the main reasons for his bullish outlook.

Kiyosaki's love affair with Bitcoin began when he witnessed the cryptocurrency's meteoric rise to $20,000, only to plummet to zero shortly after. Despite this setback, Kiyosaki continued to monitor the cryptocurrency's progress and eventually purchased a significant amount when its price reached $6,000.

According to Kiyosaki, Bitcoin's decentralized nature and lack of reliance on make it a safer investment than traditional assets like stocks and bonds. He believes that it is people's money and that the government's financial policies, such as injecting "fake" money into the economy, are cause for concern.

People's money

Kiyosaki's perspective on seems to align with his general advice to investors to diversify their portfolios by investing in gold, silver and Bitcoin. He has previously criticized the government's financial policies, calling for a shift in investment strategies to safeguard against potential economic downturns.

The current Bitcoin market has seen its fair share of fluctuations, but Kiyosaki's bullish outlook remains steadfast. He encourages investors to consider as a good investment opportunity, emphasizing its potential for high returns and its independence from government and financial institutions. As Bitcoin's popularity continues to grow, Kiyosaki's prediction of reaching $100,000 may not be far off.

This article was originally published on U.Today

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.