Renowned Finance Author Says Buy Bitcoin Now Before It’s Too Late, Here’s Why
Famend finance writer Robert Kiyosaki has by no means been shy about his help for Bitcoin and he continues to push for extra adoption of the asset. Kiyosaki who wrote the notorious ‘Wealthy Dad Poor Dad’ e-book is again as soon as once more with a bit of recommendation, and a warning, for traders concerning Bitcoin.
Purchase Bitcoin Now, Says Kiyosaki
In regular vogue, Kiyosaki took to Twitter to sound the warning about rising costs because of inflation. This tweet was made again on November 23 the place the writer lamented the fact of people who’re having to reside paycheck to paycheck and are unable to hedge their wealth in opposition to inflation by shopping for Bitcoin, alongside Gold and Silver.
Then in a November 26 submit, Kiyosaki as soon as once more reiterated the significance of proudly owning Bitcoin. Because the finance writer defined, it is going to be excellent news when the worth of Gold reaches a brand new excessive. Nonetheless, those that will undergo are employees and savers.
As an alternative of simply saving straight in {dollars}, the best-selling writer advises that people put their cash into belongings similar to Gold, Silver, and Bitcoin. Kiyosaki refers back to the financial system as a “FAKE cash system”, advising individuals to get out earlier than it’s too late.
Nice Information Gold reaches new excessive. Dangerous Information: Employees and savers are losers. Dangerous Information: been saying the identical for 25- years. Don’t be a loser. Get out of FAKE cash system. Get into gold, silver, Bitcoin now…. Earlier than it’s too late.
— Robert Kiyosaki (@theRealKiyosaki) November 26, 2023
That is on model for Kiyosaki whose message over time has not modified. As an alternative of saving in {dollars} which can be anticipated to maintain depreciating, the writer lobbies for higher methods to retailer wealth, with Bitcoin at all times main the cost.
BTC Value Will Soar To six-Digits
Kiyosaki’s bullishness on Bitcoin and why he advises traders to make the most of this asset shines via in his predictions for the longer term value. In October, Kiyosaki predicted that the worth of Bitcoin would attain as excessive as $135,000 a bit particularly as the worth of Gold started to development increased.
This prediction pads up his earlier forecast from August 2023 the place the writer stated the BTC value may attain 7-digits. He stated the asset, which he refers to as ‘God’s cash’, may cross the $1 million mark, and on the identical time, the worth of Gold may cross $75,000 whereas Silver will rally to $60,000.
Bitcoin, Gold, and Silver aren’t the one belongings that Kiyosaki is bullish on, nonetheless, as tech big Apple has caught his consideration. This comes after Apple CEO Tim Prepare dinner offered his shares of the corporate. As the worth fell, Kiyosaki put forward that Apple shares could also be an excellent purchase if the worth have been to drop beneath $150. Nonetheless, Apple inventory did not breach this mark and has since risen again above $189 per share.
BTC bulls maintain above $37,000 | Supply: BTCUSD on Tradingview.com
Featured picture from Bitcoin.com, chart from Tradingview.com