- March 25, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
Acclaimed Author and Bitcoin bull Robert Kiyosaki has once again displayed his confidence in BTC, revealing his intentions of increasing his holdings as he predicts significant gains for the largest cryptocurrency asset.
Robert Kiyosaki Targets Bitcoin At $100,000
Robert Kiyosaki reiterated his positive view on Bitcoin in a recent X post where he spelled out his thoughts on the digital asset and disclosed his ambitions to purchase an additional 10 BTC before the month of April. The author cites the upcoming Bitcoin Halving event as the true motivation behind his plans to acquire 10 more BTC.
It is noteworthy that the highly anticipated Bitcoin halving is anticipated to take place in less than 30 days from now. The event is believed to have the potential to be the next big trigger for the entire crypto market.
He further provided an accumulation strategy for investors who are concerned about affordability, suggesting, “If a buyer is unable to afford a whole BTC, they could want to think about purchasing 1/10 of the coin through Satoshi’s or the new ETFs.”
The post stated:
I am buying 10 more Bitcoin before April. Why? The “Having.” If you can not afford a whole Bitcoin, you may want to consider buying 1/10 of a coin, via the new ETFs or Satoshi’s.
According to Robert Kiyosaki, if the aforementioned strategy plays out very well, an investor could own an entire BTC by the end of the year. Kiyosaki is very bullish about the leading crypto asset as he expects BTC to hit the $100,000 threshold by September this year.
He also advocates acquiring Silver coins, especially the United States silver eagles, if an investor is not interested in BTC. His friend Andy Schectman claims that the silver supply, which was formerly plentiful, is almost depleted. The reasons behind this is that China’s real estate market is toast, and smart money is aware that the US is the world’s biggest debtor nation.
Additionally, since 1990, Japan has been undergoing a depression; Germany is also experiencing one; mom-and-pop consumers are surviving solely on credit cards; banks are having troubles; and global conflict looms.
As a result, Kiyosaki is urging investors to consider investing in silver in order not to be poor given the current economic uncertainty around the world today.
Investing In Fiat Currencies Is Not A Smart Idea
Fiat currencies, sometimes considered fake money, are dangerous to save with, according to Kiyosaki and his associates Andy Schectman and Michael Saylor. This simply suggested that investing in fiat currencies is not a smart move, and those engaging in the act are bound to end up poor in the future.
Thus, they advise everyone to invest in either silver, gold, or Bitcoin, citing that silver is the most affordable among these assets, and nearly everyone in the world can afford one silver coin or BTC Satoshi. “Coin prices for Bitcoin, Gold, and Silver are approximately $70,000, $2,500, and $35.00, respectively,” Kiyosaki added.
