The creator of the best-selling private finance collection Wealthy Dad Poor Dad predicts Bitcoin (BTC) is simply months away from hitting a large six-figure price ticket.
Robert Kiyosaki tells his 2.5 million followers on the social media platform X that he believes Bitcoin will attain $300,000 this yr, a greater than 339% improve from the present worth.
“Bitcoin on fireplace. The most important mistake you can also make is to procrastinate. Vital to start out, even when just for $500. Subsequent cease $300,000 per Bitcoin in 2024.”
Kiyosaki believes that Bitcoin’s restricted provide provides the top-performing digital asset an edge over his two different favourite investments, silver and gold.
“I really like gold and silver. I personal gold and silver mines. The issue with gold and silver is that the upper the costs go, the extra gold and silver is discovered. Identical with oil. I personal oil wells additionally. That isn’t true with Bitcoin. Regardless of how excessive the worth of Bitcoin goes there’ll solely be 21 million ever. That’s why I really like Bitcoin.”
The creator additionally believes that an financial collapse is on the horizon, partly as a result of large debt the US is accruing. He thinks a protected haven within the occasion of a inventory market crash is in gold, silver and Bitcoin.
“Child boomers bust. Tragically greatest bubble in historical past will wipe out child boomers as a result of boomers are the primary technology with flimsy 401ks. Inventory market set to crash. Time to get actual is now. Purchase actual belongings: gold, silver, Bitcoin earlier than the largest bubble in historical past goes bust…
Don’t be scared, be ready: US debt $34 trillion. Debt rising by $1 trillion each 90 days. America is sick. Put together now. Purchase extra gold, silver, Bitcoin.”
Bitcoin is buying and selling for $68,188 at time of writing, down almost 4% within the final 24 hours.
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Disclaimer: Opinions expressed at The Every day Hodl should not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any loses chances are you’ll incur are your accountability. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please notice that The Every day Hodl participates in internet affiliate marketing.
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