Bitcoin Price, Buy Bitcoin, buy gold, buy silver, price prediction, Rich Dad Poor Dad, robert kiyosaki, robert kiyosaki bitcoin prediction

Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,†has predicted that the price of bitcoin will increase to $1.2 million within five years. Kiyosaki revealed that he bought bitcoin at $9,000, adding that he may buy the cryptocurrency again “today or tomorrow just because I’m more bullish on it.â€

Robert Kiyosaki Expects Bitcoin’s Price to Surpass $1 Million in 5 Years

Robert Kiyosaki has shared his prediction of how high he thinks bitcoin’s price would be. The Rich Dad Poor Dad author accurately predicted in December last year that the price of the cryptocurrency would reach $50,000 in 2021.

Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. Over 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

Kiyosaki was asked in an interview with Kitco News last week if it is too late to buy bitcoin at the current price of between $50,000 and $60,000. Noting that “There is always the entry point,†the famous author proceeded to share: “I bought bitcoin at $9,000 and I thought I was being fleeced but the reason I bought it at $9,000 was because Covid shut down the world economy,†he said, adding that “I wish I bought it at 10 cents like a lot of people did.â€

He continued, “But now I look like a genius,†given the price of bitcoin is currently around $60,000. He additionally pointed out that money printing by the government, excessive stimulus, and the devaluation of the U.S. dollar are what give bitcoin and gold their appeal. The Rich Dad Poor Dad author elaborated:

Regarding his bullish BTC price prediction, he was further asked whether he thinks the government would intervene in one form or another. Several notable people believe that the government could take serious measures against cryptocurrency, including outlawing bitcoin, including Bridgewater Associates founder Ray Dalio, The Big Short’s Michael Burry, and Ron Paul.

“I think they [the government] will try,†Kiyosaki replied. “But, the problem is too big,†he exclaimed. “Our pensions are going bust. Baby boomers have no money. They shut down the economy. They’re gonna print … another $1.9 trillion. So, it has never worked. It’s Gresham’s law. Bad money drives out good money. So, when a guy like me gets my hand on bitcoin, I’ll never spend it.†He noted that as a real estate guy, like former President Donald Trump, when he needs money, he would borrow it and spend the “fake money.â€

While affirming that he still advocates for bitcoin, Kiyosaki admitted: “I prefer gold and silver because bitcoin is still untested.†Nonetheless, he proceeded to explain: “But I have the wherewithal to withstand the hit if it goes down. But gold and silver are God’s money. I know because I’ve traveled the world looking for this stuff.†Clarifying that he is “not really religious,†the famous author reiterated: “I’m very much in favor of gold and silver because it’s God’s money. God put it here.â€

Kiyosaki also revealed that he may buy bitcoin “again today or tomorrow just because I’m more bullish on it.†However, he opined: “I’m not bullish on gold over bitcoin. I’m just bearish on Biden and his communist gang. That’s what I don’t like. I don’t trust the academic elite that’s called Bernanke and Yellen and now we have Powell. These guys are communists. They’ll print money. They’re central bankers.â€

What do you think about Robert Kiyosaki’s bitcoin prediction? Let us know in the comments section below.

Du lịch nhật bản, hướng dẫn du lịch Nhật và đánh giá địa điểm Nhật Bản Japan travel news, japan travel guides, japan holiday destinations and japan reviews

RELATED NEWS

Fundstrat Briefing Maintains Six-Digit Bitcoin Price Forecast, $10K Ethereum Target

Fundstrat Global Advisors’ most recent “Weekly Crypto Briefing†and the company’s lead digital asset strategist, David Grider, opines a target bitcoin price of $100k per coin is still “intact.†Moreover, Fundstrat believes that the price of ethereum will reach a $10k target, while the entire crypto-economy is “on pace to hit $5 trillion.†Fundstrat Maintains […]

Xem chi tiết: Fundstrat Briefing Maintains Six-Digit Bitcoin Price Forecast, $10K Ethereum Target

Stock Trader Dave Portnoy Dumps All His Dogecoins to Buy Bitcoin

After vowing to never buy bitcoin again, stock trader Dave Portnoy has sold all of his dogecoins, which he bought when the price was at a record high, to buy one bitcoin. Having been called “paper hands,†Portnoy now says will never sell his one bitcoin. Dave Portnoy Now a Proud Bitcoin Owner American day […]

Xem chi tiết: Stock Trader Dave Portnoy Dumps All His Dogecoins to Buy Bitcoin

Stock Trader Dave Portnoy Dumps All His Dogecoins to Buy Bitcoin

After vowing to never buy bitcoin again, stock trader Dave Portnoy has sold all of his dogecoins, which he bought when the price was at a record high, to buy one bitcoin. Having been called “paper hands,†Portnoy now says will never sell his one bitcoin. Dave Portnoy Now a Proud Bitcoin Owner American day […]

Xem chi tiết: Stock Trader Dave Portnoy Dumps All His Dogecoins to Buy Bitcoin

Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher

Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations has dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from the same point in time ethereum’s market capitalization has increased from 11.8% to today’s […]

Xem chi tiết: Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher

Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher

Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations has dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from the same point in time ethereum’s market capitalization has increased from 11.8% to today’s […]

Xem chi tiết: Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher

Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin

Guggenheim CIO Scott Minerd has warned of a “major correction†in bitcoin in the near term. Claiming that bitcoin is “very frothy,†he is forecasting a 50% decline in the price of the cryptocurrency. Scott Minerd’s Latest Warning About Bitcoin The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, is back with another bearish […]

Xem chi tiết: Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin

Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin

Guggenheim CIO Scott Minerd has warned of a “major correction†in bitcoin in the near term. Claiming that bitcoin is “very frothy,†he is forecasting a 50% decline in the price of the cryptocurrency. Scott Minerd’s Latest Warning About Bitcoin The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, is back with another bearish […]

Xem chi tiết: Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin

Rich Dad Poor Dad Author Robert Kiyosaki Predicts Bitcoin Price Will Be $1.2 Million in 5 Years

Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,†has predicted that the price of bitcoin will increase to $1.2 million within five years. Kiyosaki revealed that he bought bitcoin at $9,000, adding that he may buy the cryptocurrency again “today or tomorrow just because I’m more bullish on it.†Robert Kiyosaki Expects Bitcoin’s […]

Xem chi tiết: Rich Dad Poor Dad Author Robert Kiyosaki Predicts Bitcoin Price Will Be $1.2 Million in 5 Years

Investor Says Bitcoin Bull Run Is Not Just Getting Started, Run-up Is in the ‘Top of the 7th Inning’

Investment Manager Guggenheim Warns of Bitcoin Pullback, Calls It ‘Great Entry Point’ for Investors

Bitcoin Price Jumps Over the $60K Zone, Crypto Economy’s Market Cap Climbs Above $2 Trillion

JP Morgan: Bitcoin’s Decreasing Volatility Makes It More Appealing to Institutions, Revises BTC Price Prediction to $130K

Billionaire FOMO: Famed Norwegian Billionaire Investor Capitulates After Seeing Another Embrace Bitcoin

Oaktree Capital Founder Howard Marks Changes His Mind About Bitcoin as Demand Soars and Price Jumps 10x

Crypto Markets Rebound, Bitcoin Price Consolidates, BTC Dominance Levels Sink

Visa Anticipates Cryptocurrency Becoming ‘Extremely Mainstream’ — Working to Allow Bitcoin Use at 70 Million Stores