The well-known American entrepreneur Robert Kiyosaki, author of the bestseller "Rich Dad, Poor Dad," whose financial literacy books have sold over 40 million copies worldwide, has issued a warning to Bitcoin holders against excessive greed. Kiyosaki announced that he plans to continue investing in the largest cryptocurrency until it reaches $100,000. However, once Bitcoin crosses that threshold, he intends to stop buying.

“Don’t Be Greedy – Pigs Get Slaughtered”

Kiyosaki emphasized that now is not the time for greed. “Always remember… pigs get fat, but hogs get slaughtered. Don’t act like a hog,” the entrepreneur stated, cautioning against the risk of too much optimism potentially leading investors into danger.

Bitcoin Reaches Record Highs Again

Currently, Bitcoin is valued at $88,894, recently even surpassing its previous all-time high of $89,560. It has also outpaced silver in terms of market capitalization, as was recently reported. Kiyosaki had previously predicted that Bitcoin could reach up to $350,000 by the end of the year, which raised questions from some social media users. One asked, “Why would you stop buying at $100,000 if you’ve predicted it could reach $300,000 or even more?”

A Long-Term View on Bitcoin: Potential to Reach $10 Million

In July, Kiyosaki even stated that in the long run, Bitcoin could reach a staggering $10 million. This view shows that despite his warnings, he still believes in the long-term potential of this cryptocurrency.

And what do you think? How high do you believe Bitcoin’s price could go? Is it time to hold back, or should we be investing even more? Share your thoughts with us in the comments!

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