Robert Kiyosaki, the author of the bestselling book Rich Dad Poor Dad, expressed in a recent tweet how important Bitcoin has been in his financial success. According to Kiyosaki, the cryptocurrency has made him “very rich,” and he expects this to only increase in the future.
Kiyosaki’s view on investing
In his tweet, Kiyosaki referred to the investment strategy of Warren Buffett and the recently deceased Charlie Munger. Although Buffett is critical of Bitcoin, Kiyosaki praises his philosophy of thoroughly researching investments. He emphasized that he always listens to experts and conducts extensive study before investing, especially when it comes to Bitcoin.
“I love Bitcoin, study it and listen to people smarter than me,” Kiyosaki said. He added that in addition to Bitcoin, real estate, gold and silver have also been important pillars in building his wealth.
Prediction: Bitcoin to $350,000
Kiyosaki also made a striking prediction about the future of Bitcoin. He expects the price to rise to $350,000 by 2025. According to him, the current price is kept low by institutional players, such as BlackRock, to buy large amounts of Bitcoin at low prices. He emphasized that he buys his Bitcoin directly and stores it in a digital wallet, instead of investing in spot ETFs.
Background: success through crises
Kiyosaki originally built his fortune during the mortgage crisis of 2008-2009, when real estate prices collapsed. He then bought large amounts of commercial real estate. He later expanded his portfolio to physical gold and silver, and finally to Bitcoin, which he sees as “digital gold.”
BlackRock and the Bitcoin Market
In his statement, Kiyosaki noted that institutional players such as BlackRock are strategically trying to keep Bitcoin’s price below $100,000. He claims that this allows them to accumulate more BTC before the price rises significantly.
Kiyosaki remains optimistic about Bitcoin’s growth and indicated that he continues to actively invest in the cryptocurrency as he is confident in its long-term prospects.
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Source: https://newsbit.nl/robert-kiyosaki-bitcoin-maakte-me-rijk-en-zal-me-nog-rijker-maken/
