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

The creator of Wealthy Dad Poor Dad, Robert Kiyosaki, expects the worth of bitcoin to maintain rising. “I’m betting on it,” he mentioned. Kiyosaki additionally shared that he purchased 60 bitcoin when the worth of the cryptocurrency was at $6,000 per coin.

Robert Kiyosaki Expects Bitcoin’s Worth to Maintain Going Up

The creator of Wealthy Dad Poor Dad, Robert Kiyosaki, has expressed his confidence that the worth of bitcoin will hold going up. Wealthy Dad Poor Dad is a 1997 e book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Instances Finest Vendor Listing for over six years. Greater than 32 million copies of the e book have been bought in over 51 languages throughout greater than 109 international locations.

Kiyosaki tweeted Tuesday:

Bitcoin up over 100% in a 12 months. Will bitcoin hold going up? I’m betting on it.

On the time of writing, bitcoin is buying and selling at $30,264.50, up 82% year-to-date. Nonetheless, the biggest cryptocurrency is down 26% from the earlier 12 months however up 224% over the previous 5 years.

The well-known creator added: “Why purchase extra gold, silver, bitcoin? As a result of Fed, Treasury, and Biden are liars.” This was not the primary time he has expressed his mistrust in direction of the Federal Reserve, the Treasury, and the Biden administration. He warned that the U.S. economic system is headed for a crash touchdown.

On Monday, Kiyosaki suggested traders to know the explanations behind any purchase or promote suggestions. He tweeted: “Steve Van Metre says ‘Promote gold now.’ David Hunter says ‘Purchase gold now.’ Who do you consider?” Noting that each males are good, the famend creator acknowledged: “All markets are product of patrons and sellers. Your job is to search out out logic behind vendor and purchaser. Opposing logic makes you smarter which is extra precious than $.”

In an episode of his Wealthy Dad Radio Present, aired final week, Kiyosaki revealed that he purchased 60 bitcoin at $6,000 per coin. He detailed:

I owned bitcoin … I waited for it to get to $20,000, it went all the way down to $1,000, $3,000 and I watched it and watched it. I wished to verify it was gonna grasp round. So I picked up 60 bitcoin at $6,000.

Kiyosaki has been recommending bitcoin alongside gold and silver for fairly a while. In February, he predicted that BTC’s worth would attain $500,000 by 2025. He additionally predicted that gold would surge to $5,000, and silver to $500. He calls bitcoin “people’s money.” In December final 12 months, he mentioned individuals who personal gold, silver, and bitcoin will get richer when the Fed pivots and prints trillions of {dollars}, which he calls “pretend cash.”

In addition to the Wealthy Dad Poor Dad creator, many others consider that the worth of the biggest crypto will rise considerably. Enterprise capitalist Balaji Srinivasan made a bet in March that BTC shall be value greater than $1 million in 90 days. Pantera Capital just lately mentioned we’re already within the next bull market cycle for bitcoin.

Do you agree with Wealthy Dad Poor Dad creator Robert Kiyosaki concerning the worth of bitcoin? Tell us within the feedback part beneath.