Robert Kiyosaki, a well-known personal finance author, believes Bitcoin is about to hit $100,000. He’s urging people to invest now before it’s too late.
The $100,000 Bitcoin Challenge
Kiyosaki warns that once Bitcoin passes the $100,000 mark, it will be incredibly difficult for the average person to afford. He says only the ultra-rich – corporations, banks, and wealthy funds – will be able to buy significant amounts. This means those holding onto traditional currencies like dollars, euros, and yen will miss out on major gains.
He’s a big believer in alternatives to traditional money, like gold, silver, and Bitcoin, and he thinks this is a crucial time to invest.
He tweeted:
THE RICH WILL GET RICHER: Q: WHO WiLL BE RICHER? A: The people who save Gold, Silver. Bitcoin. I own all three financial assets. Q: WhO WILL BE POORER? A: The people who save dollars, Pesos, Yen, Euro, & Loonies. As I warned in Rich Dad Poor Dad “Savers are losers…because…
Embrace the FOMO!
Kiyosaki’s been promoting Bitcoin investment for a while, arguing it’s a better way to protect your wealth than traditional currencies. He says if you’re hesitant, use the fear of missing out (FOMO) to your advantage! “FOMO is good. Don’t be left behind!” he says. He believes this fear will push people to invest and benefit from Bitcoin’s potential growth.
Cash is Trash?
Kiyosaki is a strong believer that “savers are losers.” He thinks holding onto cash is a bad idea because inflation eats away at its value. He advocates for diversifying your assets and investing in alternatives like Bitcoin, arguing that government policies and inflation will continue to hurt traditional currencies. He emphasizes that now is the time to buy Bitcoin before it surpasses $100,000.
At the time of writing, Bitcoin is trading around $96,722, with a total market cap of $1.9 trillion.
