Well-known investor and entrepreneur Robert Kiyosaki, author of the best-selling finance book “Rich Dad Poor Dad”, revealed how much Bitcoin he bought thanks to macro guru Raoul Pal. Bitcoin supporter and entrepreneur Kiyosaki offered some thoughts to his 2.5 million followers about the leading cryptocurrency entering the “Banana Zone.”
Leading cryptocurrency Bitcoin has entered “banana territory”
cryptokoin.comAs you follow from , Robert Kiyosaki often expresses his admiration for Bitcoin. Moreover, Kiyosaki, who describes the dollar as ‘fake money’, encourages his followers to buy gold, silver and Bitcoin. In his latest post, Kiyosaki explained what entering the “Banana Zone” means for the leading cryptocurrency. He also explained how macro guru Raoul Pal convinced him to purchase a large stash of BTC. Mentioning Raoul Pal, a former Goldman Sachs executive and investor and cryptocurrency supporter, in his post, Kiyosaki emphasized that Pal is currently “creating a lot of excitement by talking about Bitcoin hitting the ‘Banana Zone’.”
The financial guru also said he received a lot of questions about what “Banana Zone” meant and whether Pal knew what he was talking about. Here, Kiyosaki supports Raoul Pal by saying “yes” to the second question. As for the first one, it made a statement about what “Banana Zone” is all about. This means Bitcoin will go parabolic.
Kiyosaki announced that he bought 30 BTC at $6,000
Robert Kiyosaki jokingly added that this is when people start to regret not buying Bitcoin when it was convenient for them, or not buying enough of it. The “Rich Dad Poor Dad” author also said that he completely trusts Raoul Pal due to his professional experience at banking giant Goldman Sachs. Meanwhile, Kiyosaki revealed that it was Pal who convinced him to invest a few years ago. He also disclosed that he purchased 30 BTC when Bitcoin was trading at $6,000 at the time.
“Bitcoin will skyrocket to $300,000 this year!”
Now, with Bitcoin changing hands at around $60,000, Kiyosaki continues to accumulate BTC every month. Again, while making a statement that the US dollar is “fake money” “debt-based money”, he refers to Bitcoin as “rules-based money”. He says that Bitcoin makes people richer, while “debt-based money” makes people poorer. Kiyosaki, who continues to buy BTC regularly, believes BTC will skyrocket to $300,000 this year, thanks to spot ETFs buying more BTC and the halving that occurred in April.
Now that the leading cryptocurrency is on the decline, Kiyosaki expects to buy more BTC according to his latest tweet. He believes that difficult times are ahead for the US economy and that hoarding Bitcoin can save one’s assets.
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