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Rich Dad Poor Dad author Robert Kiyosaki has renewed his bitcoin buy recommendation, noting that Wall Street is loading up on the cryptocurrency. He urged investors to seize opportunities amidst challenging circumstances. The famous author recently predicted that bitcoin could soar to an astounding $10 million following an economic crash.
Robert Kiyosaki Recommends Buying More Bitcoin
Robert Kiyosaki, author of Rich Dad Poor Dad, shared several pieces of advice on social media platform X this week. Rich Dad Poor Dad, co-authored by Kiyosaki and Sharon Lechter in 1997, has been on the New York Times Best Seller List for over six years, selling more than 32 million copies in 51 languages across 109 countries.
In a Wednesday post on X, Kiyosaki warned of an impending difficult period, emphasizing that success comes to those who know how to thrive when dealt a bad hand. He cautioned that many might suffer significant losses during this challenging time and urged his followers not to be among the losers.
“Bad hand coming: In my previous tweet I stated success comes to those who know how to thrive when dealt a bad hand. The bad hand is being dealt now. Millions will lose. Please don’t be one of the losers,” Kiyosaki wrote, adding:
Bitcoin is rising in price as Wall Street loads up on bitcoin. This is your time to turn a bad hand into a great hand. Buy more gold, silver, and bitcoin.
Earlier this week, Kiyosaki shared two of what he called “Rich Dad’s words of wisdom.” He noted that “Money is a tool…not the goal” and that “Freedom is the goal.”
He also shared: “Your success in life does not depend upon you…only being dealt good hands of cards. Your success in life….depends upon how well you play your cards…when dealt a bad hand.”
Kiyosaki has made a series of bold predictions and recommendations regarding bitcoin and gold amidst an anticipated economic crash. He predicts that BTC could soar to $10 million and gold to $15,000 following a major market downturn.
Despite advising most people to sell bitcoin during its recent price decline, Kiyosaki himself continues to purchase more, adopting a long-term strategy similar to Warren Buffett’s “buy and hold forever” approach. He has cautioned against investing in bitcoin exchange-traded funds (ETFs), advocating for owning real BTC instead. Kiyosaki revealed that he initially bought 60 bitcoins at $6,000 each and has since been buying more every month. Despite bitcoin’s volatile price, he believes it remains the easiest way to become a millionaire and foresees significant price increases.
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