Renowned Finance Author Says Buy Bitcoin Now Before It’s Too Late, Here’s Why
Renowned finance author Robert Kiyosaki has never been shy about his support for Bitcoin and he continues to push for more adoption of the asset. Kiyosaki who wrote the infamous ‘Rich Dad Poor Dad’ book is back once agai...
Renowned finance author Robert Kiyosaki has never been shy about his support for Bitcoin and he continues to push for more adoption of the asset. Kiyosaki who wrote the infamous ‘Rich Dad Poor Dad’ book is back once again with a piece of advice, and a warning, for investors regarding Bitcoin.
Buy Bitcoin Now, Says KiyosakiIn normal fashion, Kiyosaki took to Twitter to sound the warning about rising prices due to inflation. This tweet was made back on November 23 where the author lamented the reality of individuals who are having to live paycheck to paycheck and are unable to hedge their wealth against inflation by buying Bitcoin, alongside Gold and Silver.
Then in a November 26 post, Kiyosaki once again reiterated the importance of owning Bitcoin. As the finance author explained, it will be good news when the price of Gold reaches a new high. However, those who will suffer are workers and savers.
Instead of just saving straight in dollars, the best-selling author advises that individuals put their money into assets such as Gold, Silver, and Bitcoin. Kiyosaki refers to the monetary system as a “FAKE money system”, advising people to get out before it’s too late.
Great News Gold reaches new high. Bad News: Workers and savers are losers. Bad News: been saying the same for 25- years. Don’t be a loser. Get out of FAKE money system. Get into gold, silver, Bitcoin now…. Before it’s too late.
— Robert Kiyosaki (@theRealKiyosaki) November 26, 2023
This is on brand for Kiyosaki whose message over the years has not changed. Instead of saving in dollars that are expected to keep depreciating, the author lobbies for better ways to store wealth, with Bitcoin always leading the charge.
BTC Price Will Soar To 6-DigitsKiyosaki’s bullishness on Bitcoin and why he advises investors to utilize this asset shines through in his predictions for the future price. In October, Kiyosaki predicted that the price of Bitcoin would reach as high as $135,000 a piece especially as the price of Gold began to trend higher.
This prediction pads up his earlier forecast from August 2023 where the author said the BTC price could reach 7-digits. He said the asset, which he refers to as ‘God’s money’, could cross the $1 million mark, and at the same time, the price of Gold could cross $75,000 while Silver will rally to $60,000.
Bitcoin, Gold, and Silver are not the only assets that Kiyosaki is bullish on, however, as tech giant Apple has caught his attention. This comes after Apple CEO Tim Cook sold his shares of the company. As the price fell, Kiyosaki put forward that Apple shares may be a good buy if the price were to drop below $150. However, Apple stock failed to breach this mark and has since risen back above $189 per share.
Original source
Read on NewsBTCRelated market context
Coinbase Brings US-Regulated Gold and Silver Futures to 24/7 Trading, with Oil Next
Coinbase Derivatives is moving its US-regulated gold and silver futures to around-the-clock trading effective Friday evening, the...
THE THIRD RUSH: Where is the “Bitcoin” of the Ai Goldrush?
After months of deep thinking & a lot of discussions with some very smart people, I’ve decided to write an article for the first t...
Coinbase: Gold and Silver Futures Now Trade 24/7 in the US
Coinbase CEO Brian Armstrong announced on June 13 that gold and silver futures are now trading around the clock in the United Stat...
Aave Proposal Moves To Add Circle Wrapped Bitcoin As Collateral
TL;DR Aave Labs has proposed onboarding Circle Wrapped Bitcoin, or cirBTC, to Aave V3 Core and Aave V4 Core on Ethereum. The propo...
Bitcoin Trader Says Retail Will Return After A Sudden 20% BTC Candle
TL;DR X trader Cup says Bitcoin may be in a quiet accumulation phase before a larger move. The post claims retail traders could re...
Kraken Prepares CFTC-Regulated Perpetual Futures Launch For US Traders
TL;DR Kraken says it plans to launch CFTC-regulated perpetual futures for eligible US traders within 30 days. Contracts will be li...