Robert Kiyosaki Expects Bitcoin Price to Continue Rising, Says “I’m Betting on It” – Bitcoin Planet Markets & Prices

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Rich Dad Poor Dad author Robert Kiyosaki expects bitcoin price to continue rising. “I bet on it,” he said. Kiyosaki also shared that he bought 60 bitcoins when the cryptocurrency price was $6,000 per coin.

Robert Kiyosaki Expects Bitcoin Price to Continue Rising

Rich Dad Poor Dad author Robert Kiyosaki expressed confidence that the price of bitcoin will continue to rise. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for more than six years. Over 32 million copies of the book have been sold in over 51 languages ​​in over 109 countries.

Kiyosaki tweeted on Tuesday:

Bitcoin up over 100% in one year. Will bitcoin continue to climb? I bet on it.

As of this writing, bitcoin is trading at $30,264.50, up 82% year-to-date. However, the biggest cryptocurrency is down 26% from the previous year but up 224% over the past five years.

The famous author added: “Why buy more gold, silver, bitcoin? Because the Fed, Treasury and Biden are liars. It was not the first time he had expressed his distrust of the Federal Reserve, the Treasury and the Biden administration. He warned that the US economy was heading for a hard landing.

On Monday, Kiyosaki advised investors to understand the reasons for any buy or sell recommendation. He tweeted: “Steve Van Meter says ‘Sell gold now.’ David Hunter Says “Buy Gold Now”. Who Do You Believe? Noting that both men are smart, the renowned author said: “All markets are made up of buyers and sellers. Your job is to find out the logic behind the seller and the buyer.The opposite logic makes you smarter, which is worth more than $.

On an episode of his Rich Dad radio show, which aired last week, Kiyosaki revealed that he bought 60 bitcoins at $6,000 apiece. He detailed:

I owned bitcoin… I waited for it to hit $20,000, it went down to $1,000, $3,000 and I looked and looked at it. I wanted to make sure it would stick. So I picked up 60 bitcoins at $6,000.

Kiyosaki has been recommending bitcoin alongside gold and silver for some time. In February, he predicted that the price of BTC would reach $500,000 by 2025. He also predicted that gold would climb to $5,000 and silver to $500. He calls bitcoin “the people’s money”. In December last year, he said that people who own gold, silver and bitcoin will get richer when the Fed pivots and prints trillions of dollars, which he calls ” counterfeit money”.

Besides the author Rich Dad Poor Dad, many others believe that the price of the biggest crypto will increase significantly. Venture capitalist Balaji Srinivasan bet in March that BTC will be worth over $1 million in 90 days. Pantera Capital recently stated that we are already in the next bull market cycle for bitcoin.

Do you agree with Rich Dad Poor Dad author Robert Kiyosaki on the price of bitcoin? Let us know in the comments section below.

Kevin Helms

An economics student from Austria, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His interests include Bitcoin security, open source systems, network effects, and the intersection between economics and cryptography.

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