Robert Kiyosaki Eyes $100K Target, Buys BTC Ahead of Halving

The well-known author of “Rich Dad Poor Dad,” Robert Kiyosaki, recently updated his bitcoin price prediction on social media. Kiyosaki explained why he decided to buy additional bitcoin before the next halving event in a thorough article on X. The book “Rich Dad Poor Dad,” written by Kiyosaki and Sharon Lechter, is particularly noteworthy since it has sold over 32 million copies in various languages worldwide and has been a mainstay on the New York Times Best Seller List for more than six years.

Kiyosaki stated:

“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 or satoshi’s. I expect bitcoin to be $100K by September 2024.”

Alternative Investment Suggestions

In addition to advocating for bitcoin investment, Kiyosaki advised investors uncomfortable with BTC to explore silver as an alternative. He recommended purchasing silver coins, particularly U.S. silver eagles, citing insights from Andy Schectman, President of Miles Franklin bullion dealer. Schectman noted the diminishing supply of silver, making it an attractive investment option.

Kiyosaki highlighted various global economic factors driving interest in bitcoin, including escalating national debts, economic downturns in major countries, and geopolitical tensions. He echoed sentiments from Microstrategy’s executive chairman, Michael Saylor, regarding fiat currency, emphasizing the need to acquire assets like gold, silver, and bitcoin.

Kiyosaki emphasized:

“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.”

Kiyosaki’s vocal support for bitcoin has been steadily growing. He recently urged investors to acquire as much bitcoin as possible, praising its scarcity and likening it to real assets like gold and silver. While initially predicting a $100,000 bitcoin price by June, Kiyosaki has adjusted his forecast to September, foreseeing continued bullish momentum in the cryptocurrency market.