Robert Kiyosaki, the acclaimed author of the best-selling book “Rich Dad Poor Dad,” has recently updated his Bitcoin price prediction. He now anticipates the cryptocurrency to reach a staggering $100,000 by September 2024. This revised prediction comes with Robert Kiyosaki’s announcement of his intention to purchase more Bitcoin this week, citing the approaching halving event as a significant factor.
In a detailed post on a social media platform, Robert Kiyosaki shared his updated Bitcoin price prediction. He encouraged investors to consider adding Bitcoin to their portfolios and announced his plan to purchase more Bitcoin. His decision is primarily influenced by the upcoming halving event.
Robert Kiyosaki’s book, “Rich Dad Poor Dad,” co-authored with Sharon Lechter in 1997, has been on the New York Times Best Seller List for over six years. The book has sold more than 32 million copies in over 51 languages across more than 109 countries.
In his post, Robert Kiyosaki wrote, “I am buying 10 more Bitcoin before April. Why? The ‘Halving.’ If you can’t afford a whole Bitcoin, you may want to consider buying 1/10 of a coin, via the new ETFs or Satoshi’s. I expect Bitcoin to be $100K by September 2024.”
I am buying 10 more Bitcoin before April. Why? The “Having.” If you can’t afford a whole Bitcoin you may want to consider buying 1/10 of a coin, via the new ETFs or Satoshi’s.
If the Bitcoin process works as designed you may own a whole Bitcoin by the end of this year.
I…
— Robert Kiyosaki (@theRealKiyosaki) March 25, 2024
Robert Kiyosaki also mentioned that if investors are uncomfortable buying Bitcoin or spot Bitcoin exchange-traded funds (ETFs), they should consider silver as an alternative investment. He suggested buying silver coins, preferably U.S. silver eagles. He emphasized, “My friend Andy Schectman states the once abundant supply of silver is nearly gone.” Schectman is the president and owner of bullion dealer Miles Franklin.
Robert Kiyosaki explained that the “smart money” is flocking to Bitcoin because they are aware of the economic conditions worldwide. He pointed out that the U.S. is the biggest debtor nation in the world, China’s property market is in trouble, Japan has been in a depression since 1990, Germany is sliding into a depression, consumers are living on credit cards, banks are in trouble, and the world is on the brink of war.
Robert Kiyosaki also endorsed the view of Microstrategy’s executive chairman, Michael Saylor, who recently said, “People who use fiat as a store of value, we have a name for them: poor.” Robert Kiyosaki, agreeing with Michael Saylor’s sentiment, stressed that fiat money is “fake money.” He urged, “Michael Saylor, Andy Schectman, and me do not want you to be poor. Please start acquiring gold, silver, Bitcoin, if you already have not started.”
Robert Kiyosaki has become increasingly vocal about his support for Bitcoin. Last week, he urged investors to buy as much Bitcoin as they can afford, praising its limited supply and classifying the crypto alongside gold and silver as “real assets.” Earlier this month, he predicted that Bitcoin will reach $300,000 this year. Last month, he said Bitcoin would reach $100,000 by June, but he has now revised this forecast to September.
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