Robert Kiyosaki, author of the bestselling personal finance book “Rich Dad, Poor Dad” Bitcoin claims that its price is just a few months away from reaching six figures does.
Kiyosaki said on the
BITCOIN on fire. The biggest mistake you can make is to procrastinate. Important to start, even if only for $500. Next stop $300,000 per BC in 2024
— Robert Kiyosaki (@theRealKiyosaki) March 6, 2024
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“Bitcoin is rising very quickly. If you don’t want to make the biggest mistake, you should take action without delay. Even just $500 might be enough to get started. The next target for Bitcoin is to reach $300,000 in 2024.”
Kiyosaki believes that BTC’s limited supply gives it an advantage over silver and gold, his other favorite investments.
“I love investing in gold and silver. I have gold and silver mines that I own. However, the problem with gold and silver is that as prices rise, more reserves must be discovered. The same applies to oil. I also have oil wells. However, this is not the case for Bitcoin. Even as the value of Bitcoin increases, there will only be 21 million units. That’s why my interest in Bitcoin is growing.”
The author also believes that an economic collapse is looming due to the massive debt the United States has accumulated. He thinks that the safe havens in such a situation are gold, silver and Bitcoin.
“The Baby Boom generation is headed for bankruptcy. One of the biggest bubbles in history because this generation is the first to have flimsy 401ks. The stock market appears to be heading for a crash. Now is the time to be realistic. Before the biggest bubble in history bursts, you should invest in real assets: gold, silver, Bitcoin…
Don’t be afraid, be prepared: US debt exceeds 34 trillion dollars. Debt increases by $1 trillion every 90 days. America is in a weak economic situation. Therefore, you must be prepared. Secure yourself by buying more gold, silver and Bitcoin.”