Kiyosaki predicts BTC will reach $100,000 by September

Diversifying Portfolios: Kiyosaki Advocates Crypto and Precious Metals

Mar 26, 2024 - 15:45
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Kiyosaki predicts BTC will reach $100,000 by September

Robert Kiyosaki, author of the bestseller "Rich Dad Poor Dad," once again drew attention to Bitcoin price predictions on social media, signaling his intention to increase his cryptocurrency portfolio before April. Kiyosaki emphasized the significance of the upcoming Bitcoin halving event as a determining factor in his decision. He speculates that BTC will reach a price of $100,000 per token by September of this year.

Furthermore, he encouraged his followers to consider investing in cryptocurrencies, even if they cannot afford to purchase whole Bitcoins, suggesting making partial purchases through Bitcoin ETFs or simply accumulating fractional amounts of BTC.

In addition to Bitcoin, Kiyosaki recommended diversifying portfolios by investing in precious metals such as silver and gold. Citing insights from industry expert Andy Schectman, who highlighted diminishing silver supply and the potential for its value to increase due to limited availability.

The rationale behind Kiyosaki's investment advice stems from concerns about global economic instability. He pointed to an alarming financial landscape, with nations grappling with debt crises, real estate market collapses, and the looming threat of conflict. In such turbulent times, Kiyosaki believes that traditional fiat currencies may falter, emphasizing the importance of asset protection through alternative assets such as Bitcoin, silver, and gold.

*The article is not financial advice