‘Rich Dad, Poor Dad’ Author Remains Bullish on Bitcoin’s Future

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‘Rich Dad, Poor Dad’ Author Remains Bullish on Bitcoin’s Future
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  • Robert Kiyosaki shares his long-term bullish beliefs on Bitcoin , gold, and silver.
  • Kiyosaki foresees a remarkable surge of BTC in the future, where it would reach a staggering $135,000 level.
  • According to Kiyosaki, gold and silver’s long-term assurance overpowers their slight daily declines.

Japanese-American entrepreneur Robert Toru Kiyosaki, best known for his book “Rich Dad, Poor Dad,” shared his bullish predictions on Bitcoin, gold, and silver while Bitcoin floated above the $30k mark. Pinpointing the long-term profit of holding gold, silver, and assets, Kiyosaki warned against the potential risks of keeping fiat currencies.

In a tweet dated October 23, Kiyosaki remained affirmed about the long-term potential of the largest cryptocurrency, Bitcoin (BTC), as well as the two ever-precious metals, gold and silver. Despite the slight decline in the value of these metals in a daily analysis, the entrepreneur strongly believes in the profit of keeping them for an extended period.

According to his X (formerly Twitter) post, the gold price declined with a drop of $10, while silver plummeted 14 cents. Today’s chart reveals that the current price of gold stands at $1,978.42, down 0.22%, and silver at $23.28, down 0.62%. However, Kiyosaki assured the substantial value of these metals as profitable assets, reflecting on his holdings. He stated that the same gold coin he bought for $50 now costs $2000. Further, he advised his followers to earn BTC and precious metals to become rich. His tweet read,

Rather than pretend to be Warren Buffet picking bottoms, I am an average investor “accumulating” the asset I want for the long term. I have been accumulating gold, silver, BC and real estate for years. My first gold coin cost $50. Today, that same coin is worth $2000. You can become rich by being an average investor, using dollar cost averaging to get rich.

Following the fake news regarding the SEC’s ETF approval, BTC surged past the much-anticipated $30,000 level. Though Fox Business Journalist Eleanor Terrett’s revelation proved the news fabricated, Bitcoin remained resilient, currently trading at $30,746.20, with a 7-day surge of 10.14%. Meanwhile, Kiyosaki predicted a remarkable surge in Bitcoin to reach a staggering $135,000.

The post ‘Rich Dad, Poor Dad’ Author Remains Bullish on Bitcoin’s Future appeared first on Coin Edition.

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