Robert Kiyosaki warns people not to get left behind and FOMO is good under current market conditions.
Kiyosaki affirms Bitcoin will soon break $100K and it will be impossible for poor and middle class people to catch up.
Bitcoin holds above the $96K price level, with no substantial highs or lows for the past 24 hours.
Rich Dad Poor Dad author Robert Kiyosaki made another post on X reconfirming his belief in Bitcoin. He says FOMO is good as Bitcoin is on the verge to reach $100K. Kiyosaki has multiple times endorsed Bitcoin investments and calls “Cash is Trash,” as he stated in his book.
THE RICH WILL GET RICHER:Q: WHO WiLL BE RICHER?A: The people who save Gold, Silver. Bitcoin. I own all three financial assets.Q: WhO WILL BE POORER?A: The people who save dollars, Pesos, Yen, Euro, & Loonies.As I warned in Rich Dad Poor Dad “Savers are losers…because…
— Robert Kiyosaki (@theRealKiyosaki) November 29, 2024
Rober Kiyosaki is a popular individual as an American businessman, founder of Rich Dad Company, and author of multiple finance books. His “Rich Dad Poor Dad” has sold millions of copies across the world, advocating financial literacy and wealth building. Kiyosaki praised Michael Saylor, Microstrategy CEO for stacking up Bitcoins several times.
Bitcoin Will Soon Break $100K: Robert Kiyosaki
In his latest post on X, Robert Kiyosaki stated that “Rich will get Richer.” He owns what he calls real money – Gold, Silver, and Bitcoin. And, he says people who save dollars, pesos, yen, and euros will be poorer because he believes traditional cash is trash.” As Kiyosaki mentioned in his Rich Dad Poor Dad book, he believes “Savers are Losers.”
Kiyosaki affirms Bitcoin will soon break $100K and when it happens it will be impossible for poor and middle class people to buy it. He further says,
“The horse will be out of the barn and running. Why? Once Bitcoin breaks $100,000, only the ultra-rich such as corporations, banks, and sovereign wealth funds will be able to afford Bitcoin of any consequence.”
While most of the financial advisors say don’t give into FOMO, especially in the case of cryptocurrencies, Kiyosaki says FOMO is good and warns people not to get left behind.
While Bitcoin investment is one of the best options available for wealth building, whether investors buy it in the bull market or bear market at lower prices is completely their choice. However, Kiyosaki believes once BTC breaches $100K, poor and middle class investors may not be able to afford it.
Bitcoin Still Holds $96K, What’s Next?
Bitcoin is trading at $96,800 price level, with less than 1% price rise for the past 24 hours. It recorded 154% year-to-date price rise and went up 35% in the last month itself. While investors still believe it would soon reach the most awaiting six figures, the market is taking its time for the milestone.
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