Robert Kiyosaki, the author of 'Rich Dad Poor Dad', confirmed that he has purchased bitcoin again after the price reached a record $118,667.
Kiyosaki's Confirmation of Bitcoin Purchase
Kiyosaki announced his purchase on July 11, when Bitcoin first crossed the $117,000 mark. His decision to buy was unexpected, as he had previously stated he was waiting for a price drop before making new investments. However, when the price continued to rise, he changed his plans and stated, 'I will buy one more bitcoin ASAP.' Kiyosaki calls bitcoin an effective way to achieve millionaire status.
Analysis of Bitcoin Price Predictions
Kiyosaki is not the only one making bold predictions about Bitcoin's price. Analysts like Katie Stockton from Fairlead Strategies note that the price could reach $135,000 if positive momentum persists. Moreover, Kiyosaki has previously stated that Bitcoin might eventually hit $1 million, although he has not specified a timeline for this.
Reactions to Kiyosaki's Changing Position
Kiyosaki's posts often elicit mixed reactions from the public. He emphasizes the need to invest in assets not tied to fiat money, including gold, silver, and bitcoin. However, he has faced criticism for perceived inconsistencies in his messages, as he claimed earlier in July that he would wait for a price drop yet purchased Bitcoin at a higher price.
Robert Kiyosaki continues to actively support the idea of investing in bitcoin, viewing it as an important step toward future wealth. Despite his contradictory statements, he remains confident in Bitcoin's growth potential as a significant asset.
