Robert Kiyosaki, well-known writer of the top-selling personal finance book “Rich Dad Poor Dad,” continues to express his positive viewpoint regarding Bitcoin. He believes that the value of a single Bitcoin could soar up to an astounding $2.3 million.
According to Cathy Wood’s projection shared by Kiyosaki, Bitcoin’s worth could soar to great heights. Trusting in Wood’s knowledge, Kiyosaki voiced his belief in this possibility. Yet, he urged everyone to ponder their unique investment plans and Bitcoin holdings, irrespective of the precise price forecast.
Kiyosaki’s positive outlook on Bitcoin is accompanied by his frequent alarms about an impending crash in conventional markets. He has voiced anxiety over a bubble forming in stocks, bonds, and real estate, as well as mounting U.S. debt and the potential for national insolvency.
Kiyosaki strongly recommends considering investments in alternatives such as Bitcoin, gold, and silver to protect against rising inflation and a depreciating US dollar. In his perspective, Bitcoin serves as a safe haven during economic instability.
Kathie Wood is confident that Bitcoin’s price will reach $2.3 million per BTC. I have faith in her expertise and share her belief. However, there’s always a chance she could be mistaken. The crucial point is to consider your own convictions: if Kathie turns out to be correct, what actions would you take? And if not, how would you respond then?— Robert Kiyosaki (@theRealKiyosaki) April 11, 2024
Following Kiyosaki’s previous predictions, these new estimates emerge. He previously forecasted a Bitcoin price of $100,000 by September 2023 and $300,000 at some point this year. The best-selling author disclosed earlier in the year that he personally owns 66 Bitcoins.
According to a report by CryptoGlobe, Kiyosaki has previously expressed his belief that bitcoin’s price will rise above $1.2 million within the coming years. At the same time, he continues to endorse gold and silver, referring to them as “God’s money.”
Over the last week, investments in Bitcoin exchange-traded funds (ETFs) according to Kiyosaki, have seen a significant increase in interest. The accumulated sum of these investments amounted to $91.3 million on April 11, with BlackRock’s iShares Bitcoin Trust (IBIT) being the main contributor, having attracted over $15 billion in total since inception.
Based on information from BitMEX Research, the world’s largest asset manager’s Bitcoin spot ETF experienced a substantial investment of $192.1 million on April 11 – its biggest single-day inflow since April 5. Since its launch, this fund typically receives an average daily investment of $240.4 million.
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2024-04-13 04:26