Rich Dad Author Announces Bitcoin Buying Spree Ahead of Halving
Kiyosaki recommends purchasing fractions of Bitcoin, such as 1/10th, via ETFs or Satoshis, making it accessible to a wider audience.
Over the past weekend, Bitcoin (BTC), the world’s largest cryptocurrency, experienced a 5% surge, reaching $67,500. With the Bitcoin halving just three weeks away, investors are starting to accumulate positions.
Robert Kiyosaki Plans to Boost Bitcoin Holdings
Renowned investor and author Robert Kiyosaki has revealed his intention to acquire an additional 10 Bitcoin before April, citing the upcoming halving event as his main reason. Kiyosaki underscored the importance of the “Halving,” indicating his bullish stance on Bitcoin’s future.
Kiyosaki suggested that individuals unable to afford a whole Bitcoin consider purchasing fractions of the cryptocurrency, such as 1/10 of a coin, through newly available Exchange-Traded Funds (ETFs) or Satoshis. He believes that even owning smaller increments of Bitcoin could lead to significant returns over time.
I am buying 10 more Bitcoin before April. Why? The “Having.” If you can’t afford a whole Bitcoin you may want to consider buying 1/10 of a coin, via the new ETFs or Satoshi’s.
If the Bitcoin process works as designed you may own a whole Bitcoin by the end of this year.
I…
— Robert Kiyosaki (@theRealKiyosaki) March 25, 2024
Discussing the potential impact of Bitcoin’s design, Kiyosaki expressed optimism that investors may accumulate a whole Bitcoin by the year’s end if the cryptocurrency’s process functions as intended.
In addition to his immediate plans to increase his Bitcoin holdings, Kiyosaki shared his long-term price prediction for Bitcoin, envisioning its value reaching $100,000 by September 2024. He also advised his followers to diversify their portfolios by increasing exposure to gold and silver, alongside Bitcoin.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.