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    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

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    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Transcript : Nomura Holdings, Inc. – Analyst/Investor Day

    Pentagon chief warns of imminent China threat, pushes Asian allies to hike defence spending

    Pentagon chief warns of imminent China threat, pushes Asian allies to hike defence spending

    Musk says he'll resume working '24/7' at his companies, X outage mostly restored

    US court won’t lift judge’s block on Trump’s government overhaul

    Fed's Daly: April PCE inflation is a 'relief,' but incomplete, Fox Business reports

    Fed’s Daly: April PCE inflation is a ‘relief,’ but incomplete, Fox Business reports

    Trump fires National Portrait Gallery director, citing DEI support

    Trump fires National Portrait Gallery director, citing DEI support

    Sweden eases alcohol monopoly one bottle at a time

    Sweden eases alcohol monopoly one bottle at a time

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Pembina Pipeline Corporation Announces Redemption Of Series 19 Preferred Shares

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

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    Transcript : Nomura Holdings, Inc. – Analyst/Investor Day

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Home Crypto Bitcoin

Rich Dad Poor Dad Author

by Market News Board
5 days ago
in Bitcoin, Crypto, Cryptocurrency News
Rich Dad Poor Dad Author
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Financial literacy expert Robert Kiyosaki reveals how investing in Bitcoin has made getting rich easier for everyone. 

The author of Rich Dad Poor Dad issued a rallying cry to his 2.7 million X followers today, revealing how a small investment in Bitcoin could make them very rich. He expressed shock over how easy it is for people to become rich by investing in Bitcoin. 

“I cannot believe how easy Bitcoin has made getting rich…so easy,” Kiyosaki remarked. 

How a Small Bitcoin Investment Could Make People Rich By 2027

In his view, it is now easier to become rich by simply buying and holding Bitcoin rather than investing in traditional financial instruments like gold. 

This reasoning stems from the fact that Bitcoin has historically produced huge returns for investors who buy and hold the cryptocurrency compared to other assets. 

Given Bitcoin’s growth potential, Kiyosaki seemed baffled that many have yet to invest in it. He suggested that people do not need to own a whole Bitcoin, which costs around $109,692 at press time. 

According to him, the value of a fraction of Bitcoin, like 0.01 BTC, could skyrocket massively in the next two years by 2027, potentially making early investors rich. 

This view aligns with the numerous predictions, suggesting that Bitcoin’s price will skyrocket tremendously in the coming years. 

Kiyosaki Ignores Bitcoin’s Volatility, Focuses on Its Prospects 

Meanwhile, he acknowledged Bitcoin’s volatile nature, suggesting that its price swings can be frustrating sometimes. However, he emphasized that Bitcoin’s rollercoaster movement is normal, just like everyday life. 

Further, given the asset’s scarcity, he urged his followers to overcome hesitation and acquire Bitcoin as soon as they could. The Rich Dad Poor Dad author confirmed that there are only 1 million—2 million Bitcoins left to be mined. 

Based on Bitcoin’s scarcity, he predicted a parabolic spike in its price–a move Raoul Pal describes as ‘going into the Banana Zone.’ 

Interestingly, he encouraged his followers to take advantage of Bitcoin’s opportunity to become rich. The financial literacy author recommended that investors only listen to high-profile Bitcoin bulls and educators like Michael Saylor and Anthony Pompliano. 

“Please do not be a yellow banana and miss the easiest time in history to become rich and financially free [through Bitcoin],” Kiyosaki remarked. 

Bullish on Bitcoin 

Kiyosaki has remained optimistic about Bitcoin’s potential, portraying the premier asset as the biggest opportunity in history. He believes that Bitcoin provides a hedge against global war caused by greed and fear. 

Like many proponents, Kiyosaki has also issued jaw-dropping predictions for the firstborn crypto. Last month, he forecasted that Bitcoin would reach an ambitious target of $200,000 by the end of the year, marking a surge of 82.32% from the current price. 

He expects Bitcoin to soar to greater heights and eventually clinch a target price of $500,000 – $1 million, potentially driven by hyperinflation in the U.S. economy.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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