The author of the best-selling personal finance series Rich Dad Poor Dad predicts Bitcoin (BTC) is only months away from hitting a massive six-figure price tag.
Robert Kiyosaki tells his 2.5 million followers on the social media platform X that he believes Bitcoin will reach $300,000 this year, a more than 339% increase from the current value.
“Bitcoin on fire. The biggest mistake you can make is to procrastinate. Important to start, even if only for $500. Next stop $300,000 per Bitcoin in 2024.”
Kiyosaki believes that Bitcoin’s limited supply gives the top-performing digital asset an edge over his two other favorite investments, silver and gold.
“I love gold and silver. I own gold and silver mines. The problem with gold and silver is that the higher the prices go, the more gold and silver is found. Same with oil. I own oil wells also. That is not true with Bitcoin. No matter how high the price of Bitcoin goes there will only be 21 million ever. That’s why I love Bitcoin.”
The author also believes that an economic collapse is on the horizon, in part due to the massive debt the United States is accruing. He thinks a safe haven in the event of a stock market crash is in gold, silver and Bitcoin.
“Baby boomers bust. Tragically biggest bubble in history will wipe out baby boomers because boomers are the first generation with flimsy 401ks. Stock market set to crash. Time to get real is now. Buy real assets: gold, silver, Bitcoin before the biggest bubble in history goes bust…
Don’t be scared, be prepared: US debt $34 trillion. Debt increasing by $1 trillion every 90 days. America is sick. Prepare now. Buy more gold, silver, Bitcoin.”
Bitcoin is trading for $68,188 at time of writing, down nearly 4% in the last 24 hours.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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