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- Rich Dad Poor Dad Author Announces Bitcoin Buying Spree, Sees $100,000 Price Tag for BTC – Here’s His Timeline
Rich Dad Poor Dad Author Announces Bitcoin Buying Spree, Sees $100,000 Price Tag for BTC – Here’s His Timeline
Best-selling finance author Robert Kiyosaki says he’s buying more than half a million dollars worth of Bitcoin (BTC) in the coming days.
Kiyosaki tells his 2.5 million followers on the social media platform X that he’s going on a Bitcoin buying spree in anticipation of the April halving when miners’ rewards are slashed in half.
He also expects Bitcoin to hit a six-figure price tag in the next few months.
“I am buying 10 more Bitcoin before April. Why? The [‘halving.’] If you can’t afford a whole Bitcoin you may want to consider buying 1/10 of a coin, via the new ETFs (exchange-traded funds) or satoshis…
I expect Bitcoin to be $100,000 by September 2024.”
The Rich Dad Poor Dad author goes on to say that he’s buying Bitcoin and other precious metals like silver because he’s seeing signs that the global economy may be in trouble.
“The ‘smart money’ knows the US is the biggest debtor nation in the world; China’s property market is “toast;” Japan has been in a depression since 1990; Germany is sliding into a depression, mom and pop consumers are living on credit cards; banks are in trouble; and the world is on the brink of war.
Michael Saylor, a Bitcoin maxi, asks: ‘What do you call people who insist on saving fiat currency…’fake’ money?’
A: Poor.
Michael Saylor, Andy Schectman and me, do not want you to be poor.
Please start acquiring gold, silver, Bitcoin, if you already have not started…
Please don’t be a poor person saving fake money.
Almost everyone in the world can afford at least one silver coin or one Bitcoin satoshi.
Be smart, take action, and take care.”
A satoshi is the smallest unit of Bitcoin, representing 0.00000001 BTC. At time of writing, Bitcoin is worth $70,132, up over 5% in the past day.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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