Key Points
- Robert Kiyosaki highlights the importance of the halving event set for April.
- The financial guru says if the Bitcoin process works as designed, “you may own a whole Bitcoin by the end of this year.”
- Kiyosaki expects Bitcoion to reach $100k by September.
“Rich Dad Poor Dad”‘ author Robert Kiyosaki just said that he’s planning on buying 10 more Bitcoins by April when the Bitcoin halving event occurs.
He says that if you cannot buy one whole BTC, you could at least consider buying 1/10 of a coin via the ETFs or Satoshis.
He also notes that he expects Bitcoin to reach $100k by September 2024.
Buy gold, silver, or Bitcoin, Kiyosaki advises
Kiyosaki also says that silver coins are a viable option, especially the US solver eagles. He brings up his friend Andy Schectman, who said that the once abundant supply of silver is almost gone.
“He has a standing order for $1 million in “junk” silver (pre-64 US silver coins) and can it find pre 1964 silver coins to fill the order.”
Regarding the reason for which this is happening, he explains:
“Because the “smart money” knows the US is the biggest debtor nation in the world; China’s property market is “toast;” Japan has been in a Depression since 1990; Germany is sliding into aDepression, mom and pop consumer are living on credit cards; banks are in trouble; and the world is on the brink of war. “
Kiyosaki advises on purchasing gold, silver and Bitcoin, highlighting that, of these three, silver is the most affordable.
“Bitcoin is about $70,000 a coin. Gold is about $2,500 coin. Silver is about $35.00 a coin.”
Almost everyone can afford at least one silver coin or a Bitcoin Satoshi, according to him.
I am buying 10 more Bitcoin before April. Why? The “Having.” 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.
If the Bitcoin process works as designed you may own a whole Bitcoin by the end of this year.
I…
— Robert Kiyosaki (@theRealKiyosaki) March 25, 2024
At the moment of writing this article, Bitcoin is trading in the red, and the coin is priced at $66,845 on CoinMarketCap, up by almost 4% in the past 24 hours.
The Bitcoin halving event is just around the corner, and this is one of the most bullish catalysts that sparks huge volatility for Bitcoin.
