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Rich Dad’s boldest claim yet: Kiyosaki predicts Bitcoin to hit $2 million

Release: 2024/04/11 17:31 Reading: 567

Original author:TheBitTimes

Original source:https://coinmarketcap.com/community/articles/6617a42ebcbaae0c54b4851d

Amid stark warnings of an ‘everything crash’ and recommendations for safe-haven assets, an influential investor and famous author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki agrees with one extremely bullish Bitcoin (BTC) forecast.

Specifically, he has recently shared the prognosis by Cathie Wood, the founder and CEO of ARK Invest, which manages several exchange-traded funds (ETFs), who previously said that Bitcoin could hit a staggering $2.3 million per wholecoin, with which Kiyosaki has agreed in an X post he shared on April 11.

Learning from mistakes

Furthermore, the finance educator praised Wood for her “courage to make mistakes and learn” from them, arguing that, “in the real world, the richest and happiest people are people who make mistakes and learn from them,” and bashing the school system as inferior to real-life experience.

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Moreover, Kiyosaki referred to schools as “the only place on earth where ‘smart’ people are people who never make mistakes,” and advised his followers to ‘live dangerously’ and buy the maiden cryptocurrency, “regardless if Cathie is right or wrong, you will be better educated, smarter, wiser.”

Bitcoin price prediction

As a reminder, Wood set the price target of $2.3 million for the flagship decentralized finance (DeFi) asset back in late February this year, not long before Bitcoin hit its new all-time high (ATH), implying that it could soar over 3,600% from its trading levels at the time.

Indeed, this prognosis happens to be a lot more bullish than Kiyosaki’s most optimistic suggestions, including the recent one that envisions the largest crypto asset by market capitalization at $300,000, or even his earlier prediction of $1 million if the economy crashes.

Meanwhile, Bitcoin was at press time changing hands at the price of $70,650, up 2.63% on the day, as well as rising 6.48% across the previous week while still recording a loss of 1.36% accumulated on its monthly chart, as per the most recent data retrieved on April 11.

All things considered, the time will tell whether Wood’s and Kiyosaki’s BTC price prediction is correct. That said, relying on such definite projections comes with major risks, so doing one’s own research and weighing these risks before investing is critical.

Featured image via Ben Shapiro’s YouTube.


Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Source: https://thebittimes.com/rich-dad-s-boldest-claim-yet-kiyosaki-predicts-bitcoin-to-hit-2-million-tbt85074.html

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