“Rich Dad, Poor Dad” author Robert Kiyosaki urges investors to buy Bitcoin before April. He believes that the halving, which cuts down the reward for creating new bitcoins in half, will prevent supply and result in price hikes. According to Kiyosaki’s views, Bitcoin is forecast to rise to $100,000 by September 2024. He advised investors through a post he shared on his X account.
He also stated that he was going to add 10 more Bitcoin before the halving, which is set to happen in April. Although he is known to be a Bitcoin skeptic, Kiyosaki still advocates gold and silver for those who are not yet convinced. He quotes Andy Schectman of Miles Franklin Precious Metals Investments, a person who believes that the readily available supply of silver is becoming scarce.
“If you can’t afford a whole Bitcoin, you may want to consider buying 1/10 of a coin, via the new ETFs or Satoshis. (…) Almost everyone in the world can afford at least one silver coin or one Bitcoin Satoshi,” he stated.
In his prediction on the price movement of Bitcoin, he says that the asset is more likely to spike to $100,000 before June of this year. According to the most recent data at the time of writing, the price of Bitcoin was $66,872, up 2.49% on the day, down 1.29% over the previous week, and up 31.27% on its monthly trend.
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