Renowned author Robert Kiyosaki, known for his best-selling book “Rich Dad Poor Dad,” is making bold predictions about the future of Bitcoin. In a recent social media post, Kiyosaki urged his 2.6 million followers to consider investing in Bitcoin, predicting a “blast-off” in prices during what he calls “Uptober.” According to Kiyosaki, now may be the perfect time to buy Bitcoin.
Kiyosaki is no stranger to giving financial advice and has a long history of predicting market trends. He has been an advocate for hard assets like precious metals and Bitcoin as a defense against economic instability. In fact, he recently highlighted the potential in silver, encouraging investors to get in before it reaches $50.00.
However, Kiyosaki also warns of an impending market catastrophe, which he calls “The Everything Bubble.” He believes that this bubble could soon burst, leading to what he calls “The Everything Crash.” According to Kiyosaki, major assets like gold, silver, and Bitcoin will be affected, and a global depression will follow. He believes that those who are prepared will be able to take advantage of the aftermath and become even richer.
When it comes to Bitcoin specifically, Kiyosaki has a long-term positive outlook. He believes that the price of Bitcoin may dip to $5,000 during a crash but will ultimately skyrocket. He predicts that it could reach anywhere from $100,000 to $250,000 per coin and even reach $1 million by 2030. Kiyosaki references Jim Rickards’ upcoming book, “Money GPT,” which warns of the potential financial instability caused by artificial intelligence (AI). According to Kiyosaki, Bitcoin could benefit from this as more people turn to alternative assets.
Despite the risks associated with investing, Kiyosaki encourages proactive financial planning. He advises his followers to study, join investment groups, and look for future growth opportunities. With his track record of successful predictions, many investors are taking his advice seriously and considering adding Bitcoin to their portfolios.
