Investing and financial bestselling author Robert Kiyosaki (Robert Kiyosaki) posted again yesterday (30th) emphasizing that the rich will get richer in the future, and savers are the losers... because cash is trash.
Question: Who will be richer?
Answer: The people who save Gold, Silver, Bitcoin. I own all three financial assets.Question: Who will be poorer?
Answer: Those who save dollars, pesos, yen, euros and loonies.
Regarding Bitcoin, he predicts that the BTC price will soon break through $100,000, and states that "once Bitcoin breaks through $100,000, the poor and middle class will almost be impossible to catch up. At that time, only super-rich such as corporations, banks and sovereign wealth funds will be able to afford it.
FOMO is a good thing. Don't be left behind.
However, we know that you don't have to buy Bitcoin one by one, you can buy $10 worth of Bitcoin, of course the higher the price, the less the general public can buy, but his argument seems to have some strange points.
On the other hand, the market usually experiences a significant correction shortly after extreme FOMO. Readers are reminded to be aware of potential risks and analyze their personal risk tolerance.
THE RICH WILL GET RICHER:
Q: WHO WiLL BE RICHER?
A: The people who save Gold, Silver. Bitcoin. I own all three financial assets.Q: WhO WILL BE POORER?
A: The people who save dollars, Pesos, Yen, Euro, & Loonies.As I warned in Rich Dad Poor Dad
"Savers are losers…because…— Robert Kiyosaki (@theRealKiyosaki) November 29, 2024
Rich Dad supports Michael Saylor's speculation
However, it's not surprising that Rich Dad is shouting the market like this, after all, he has been consistently urging everyone to buy Bitcoin. In mid-November, he even posted to express strong support for Michael Saylor's Bitcoin strategy, and agreed that Bitcoin will reach $13 million:
According to Michael Saylor's forecast, Bitcoin will reach $13 million, and I believe he is right, he is a smart guy, if Saylor's forecast is correct, buying 0.01 BTC at today's price may make investors millionaires in the future.
This is better than carrying $50,000 in student loans, studying for years, just to get a fragile MBA degree. Become smarter... Buy Bitcoin today, that's what I do.
$13 million Bitcoin:….according to Michael Saylor. I believe he is right. He is one smart boy. Bitcoin today is $90,000. If Saylor is on target….which I think he is…. that means for $9,000 today….you buy .01 Bitcoin today…you are a millionaire tomorrow. Sure beats…
— Robert Kiyosaki (@theRealKiyosaki) November 20, 2024
Plan to increase Bitcoin holdings to 100 coins
Robert Kiyosaki has long criticized the rapid growth of US debt, which will lead to hyperinflation of the US dollar, ultimately making the dollar worthless like toilet paper, and has repeatedly called on investors to turn to safer assets such as gold, silver and Bitcoin.
Robert Kiyosaki revealed last month that he bought his first Bitcoin at $6,000, and continued to increase his position as Bitcoin rose to $76,000, and currently owns 73 Bitcoins. He hopes to increase his Bitcoin holdings to 100 coins within the next year (regardless of price), and will store more of his income in Bitcoin, gold and silver, which are true currencies.
