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Robert Kiyosaki Expects Bitcoin’s Price to Keep Rising — Says ‘I’m Betting on It’ – Markets and Prices Bitcoin News

April 19, 2023
in Crypto Updates
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Robert Kiyosaki Expects Bitcoin's Price to Keep Going up — Says 'I'm Betting on It'

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

Robert Kiyosaki Expects Bitcoin’s Worth to Maintain Going Up

The writer of Wealthy Dad Poor Dad, Robert Kiyosaki, has expressed his confidence that the value of bitcoin will maintain 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 Greatest Vendor Checklist for over six years. Greater than 32 million copies of the e-book have been offered in over 51 languages throughout greater than 109 nations.

Kiyosaki tweeted Tuesday:

Bitcoin up over 100% in a 12 months. Will bitcoin maintain 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. Nevertheless, the biggest cryptocurrency is down 26% from the earlier 12 months however up 224% over the previous 5 years.

The well-known writer 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 the direction of the Federal Reserve, the Treasury, and the Biden administration. He warned that the U.S. financial system is headed for a crash touchdown.

On Monday, Kiyosaki suggested buyers 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 imagine?” Noting that each males are sensible, the famend writer acknowledged: “All markets are fabricated from consumers and sellers. Your job is to seek out out logic behind vendor and purchaser. Opposing logic makes you smarter which is extra worthwhile 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 needed to verify it was gonna hold 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 value would attain $500,000 by 2025. He additionally predicted that gold would surge to $5,000, and silver to $500. He calls bitcoin “individuals’s cash.” In December final 12 months, he stated individuals who personal gold, silver, and bitcoin will get richer when the Fed pivots and prints trillions of {dollars}, which he calls “faux cash.”

In addition to the Wealthy Dad Poor Dad writer, many others imagine that the value of the biggest crypto will rise considerably. Enterprise capitalist Balaji Srinivasan made a wager in March that BTC might be price greater than $1 million in 90 days. Pantera Capital not too long ago stated we’re already within the subsequent bull market cycle for bitcoin.

Do you agree with Wealthy Dad Poor Dad writer Robert Kiyosaki concerning the value of bitcoin? Tell us within the feedback part under.

Kevin Helms

A pupil of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source techniques, community results and the intersection between economics and cryptography.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It isn’t a direct provide or solicitation of a proposal to purchase or promote, or a suggestion or endorsement of any merchandise, providers, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, instantly or not directly, for any injury or loss brought about or alleged to be attributable to or in reference to using or reliance on any content material, items or providers talked about on this article.

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