Renowned Finance Author Says Buy Bitcoin Now Before It’s Too Late, Here’s Why

Share This Post

Renowned finance author Robert Kiyosaki has never been shy about his support for Bitcoin and he continues to push for more adoption of the asset. Kiyosaki who wrote the infamous ‘Rich Dad Poor Dad’ book is back once again with a piece of advice, and a warning, for investors regarding Bitcoin.

Buy Bitcoin Now, Says Kiyosaki

In normal fashion, Kiyosaki took to Twitter to sound the warning about rising prices due to inflation. This tweet was made back on November 23 where the author lamented the reality of individuals who are having to live paycheck to paycheck and are unable to hedge their wealth against inflation by buying Bitcoin, alongside Gold and Silver.

Then in a November 26 post, Kiyosaki once again reiterated the importance of owning Bitcoin. As the finance author explained, it will be good news when the price of Gold reaches a new high. However, those who will suffer are workers and savers.

Instead of just saving straight in dollars, the best-selling author advises that individuals put their money into assets such as Gold, Silver, and Bitcoin. Kiyosaki refers to the monetary system as a “FAKE money system”, advising people to get out before it’s too late.

This is on brand for Kiyosaki whose message over the years has not changed. Instead of saving in dollars that are expected to keep depreciating, the author lobbies for better ways to store wealth, with Bitcoin always leading the charge.

BTC Price Will Soar To 6-Digits

Kiyosaki’s bullishness on Bitcoin and why he advises investors to utilize this asset shines through in his predictions for the future price. In October, Kiyosaki predicted that the price of Bitcoin would reach as high as $135,000 a piece especially as the price of Gold began to trend higher.

This prediction pads up his earlier forecast from August 2023 where the author said the BTC price could reach 7-digits. He said the asset, which he refers to as ‘God’s money’, could cross the $1 million mark, and at the same time, the price of Gold could cross $75,000 while Silver will rally to $60,000.

Bitcoin, Gold, and Silver are not the only assets that Kiyosaki is bullish on, however, as tech giant Apple has caught his attention. This comes after Apple CEO Tim Cook sold his shares of the company. As the price fell, Kiyosaki put forward that Apple shares may be a good buy if the price were to drop below $150. However, Apple stock failed to breach this mark and has since risen back above $189 per share.

Bitcoin price chart from Tradingview.com

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

UBS Predicts ‘No Landing’ for US Economy — What It Means for Markets and Inflation

Global investment bank UBS is forecasting a “no landing” scenario for the US economy, where growth continues and inflation remains stable, defying predictions of recession With

Shiba Inu To Double? Analyst Predicts 200% Price Hike – Details

Although flying under the radar concerning price movements during Bitcoin’s recent bull run, the dog-themed cryptocurrency Shiba Inu (SHIB) was able to appreciate 818% in the last week while

Going Crypto: Putin Reveals BRICS’ Shift Toward Digital Currency In Investment Strategy

Adopting crypto has been one of the key discussions among BRICS member states in a business forum held in Moscow on Friday The BRICS (Brаzil, Russiа, Indiа, Chinа, аnd South Africа) bloc seeks

Russia Vows to Launch Domestic Payment System to Render Western Sanctions Obsolete

Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions Mikhail Mishustin, Prime Minister of Russia, stated that this

Bitcoin Powers Wealth: Nearly 50% Of Crypto Millionaires Owe Success To BTC

Between 2023 and 2024, the number of Bitcoin millionaires climbed by almost 111%, reaching 85,400 or 496% of all crypto millionaires in 2024 Regarding cryptocurrency billionaires, five of the six

FLOKI Breaks Out Of Downtrend: Analyst Predicts 200% Rally To New All-Time High

Meme coin FLOKI has also benefited from recent inflows into the crypto markets, which has left many cryptocurrencies posting gains in both the 24-hour and seven-day timeframes  Notably, this inflow