Robert Kiyosaki has branded Bitcoin the biggest opportunity in history, maintaining that a conservative disposition towards the asset is a financial mistake.
Often vocal about Bitcoin’s glaring potential, Kiyosaki has recently echoed the financially rewarding prowess of the largest cryptocurrency by market cap. The Rich Dad Poor Dad author earlier revealed that Bitcoin made him rich, and today, he has insisted that the pioneering cryptocurrency is the biggest financial opportunity in history.
Bitcoin: The Easiest Route to Riches
In a tweet today, Kiyosaki highlighted what he believes differentiates the wealthy from the poor: fear of making mistakes (FOMM). The real estate mogul noted that the overly cautious attribute of certain people in making financial mistakes keeps them poor.
For instance, he stated that Bitcoin is the easiest route to financial eloquence, yet people deem it too risky to invest in. As a result, he suggested that those with the FOMM syndrome will miss the “greatest wealth creations” in history.
Kiyosaki highlighted that those taught in school and by Wall Street to play it safe and avoid life-changing assets like Bitcoin would remain poor as the financial sector continues to evolve.
Moreover, he advised his over 2.7 million followers to listen to prominent pro-Bitcoin personalities like Michael Saylor, Samson Mow, and Max Keiser, as well as those skeptical about the asset class, and then decide.
However, the seasoned author stated that those who invested in Bitcoin due to fear of missing out (FOMO) will eventually amass generational wealth. This is because he expects the asset to reach unprecedented highs in the short and long terms.
Kiyosaki Says Bitcoin to $200,000 by Year-End
Furthermore, Kiyosaki predicted that Bitcoin will surpass $200,000 this year, a staggering 130% surge from the current price. He stated that at the price mark, the FOMM crowd would deem Bitcoin too expensive to acquire.
Moreover, the assertion aligns with his earlier statement that the pioneering cryptocurrency will trade between $175,000 and $350,000 by the end of the year. Interestingly, Kiyosaki’s bullish stance comes despite growing speculations that Bitcoin’s bull cycle is over.
In the long term, the investment advisor expects Bitcoin to hit an ambitious $1 million per coin. According to him, the crypto firstborn could attain the price mark before the end of the decade, echoing assertions from other prominent market analysts.
In the meantime, Bitcoin trades at $87,115, up 3.5% in the past 24 hours.
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.
