Robert Kiyosaki, financial guru and author of the Rich Dad Poor Dad finance book, reveals that the pioneering cryptocurrency Bitcoin made him rich.
The millionaire author has lived an affluent life since his financial materials came to the limelight. However, he mentioned that Bitcoin and a few other assets contributed immensely to his current “very rich” status.
Kiyosaki Lauds Investment Advice from Warren Buffet
In the New Year’s Day tweet, Kiyosaki praised financial moguls Warren Buffet and Charlie Munger for crucial investment advice. He noted that although they failed to see the good in Bitcoin in its nascent stage, their advice to “study, know, and understand what you invest in” was applaudable.
The high-ranking investor implied that he overlooked Buffet and Munger’s “rat droppings” branding for Bitcoin and studied the asset. He disclosed that he passionately followed and listened to people who were more resourced than he was in matters relating to Bitcoin.
Eventually, the adoption of Bitcoin became part of his success story, as he became wealthy by holding the asset. Meanwhile, he mentioned that Bitcoin was not the asset that birthed his wealth status; his gold, real estate, and silver investments also paid off immensely.
Author Plans to Get Richer with Bitcoin
Notwithstanding his magnificent portfolio, Kiyosaki revealed he plans to get richer with Bitcoin. He expects his bet on the asset to keep yielding results as it nears mainstream adoption.
Moreover, his statement mirrors his bullish Bitcoin speculations. For context, Kiyosaki asserted in September that Bitcoin will hit $500,000 this year and $1 million before the end of this decade.
Notably, Kiyosaki is very big on Bitcoin. He recently stated that he will keep acquiring Bitcoin because it will continue appreciating. Meanwhile, he gave a milder Bitcoin target in the commentary, predicting a surge to $350,000 per coin before this year’s end.
If Kiyosaki’s assertion are anything to go by, Bitcoin will surge over 263% from its current price of $96,200 to attain the target.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
