Robert Kiyosaki, the author of Rich Dad Poor Dad, recently made a significant investment in Bitcoin. He bought one whole Bitcoin for over $100,000.
A Bold Move
Kiyosaki tweeted about his purchase, stating he’d rather be considered a “sucker” than miss out on what he believes will be a massive price increase. He’s been predicting Bitcoin could reach $1 million for years.
The Million-Dollar Prediction
Getting to $1 million from the current price of around $100,000 represents a massive 830% increase. Kiyosaki initially made this prediction in 2021, suggesting it could happen by 2030. He always cautions his followers to do their own research, acknowledging the risk involved.
What Others Think
Kiyosaki isn’t alone in his optimism. Other prominent figures in the crypto space, including Changpeng Zhao (Binance) and Samson Mow (Jan3), also predict Bitcoin could hit $1 million. Cathie Wood (Ark Invest) is even more bullish, forecasting a potential price of $1.5 million or even $2.5 million by 2030.
However, not everyone agrees. Some believe the current price is too high, while others see it as a bargain before another price surge.
The Impact of Kiyosaki’s Investment
Kiyosaki’s purchase isn’t just a personal investment; it fuels the ongoing debate about Bitcoin’s potential. His high profile and experience make his actions influential, impacting market sentiment. He consistently reminds people to make their own decisions and not blindly follow his lead.
Regardless of whether Bitcoin reaches $1 million, Kiyosaki’s bold move is certainly noteworthy and will be closely watched.