The author of 'Rich Dad Poor Dad', Robert Kiyosaki, has once again emphasized the risks associated with the rapid price growth of Bitcoin.
Kiyosaki's Warning
Robert Kiyosaki warned investors about the potential that the recent rise of Bitcoin, reaching a record $117,000, could be a trap for those seeking quick profits. He reminded his followers that the fear of missing out (FOMO) can be more dangerous than market volatility itself.
What is the Banana Zone?
The term 'Banana Zone', popularized by Raoul Pal, describes a phase of nearly vertical price growth, driven by institutional adoption, low supply, and high retail demand. Kiyosaki noted that many traders risk following the herd without proper analysis, which can lead to disastrous outcomes.
Analysts Still See Higher Targets
Despite the warnings, some analysts predict even greater growth for Bitcoin, suggesting it could reach $124,000 in the short term. More aggressive forecasts point to potential growth to $250,000 by 2025 or even $1 million by 2030.
Kiyosaki's message highlights the importance of using the current market moment to refine strategies and build knowledge before following the crowd.
