Robert Kiyosaki's Suggestion: Invest in Bitcoin One-Tenth at a Time

In a recently resurfaced tweet, 'Rich Dad Poor Dad' author and financial guru Robert Kiyosaki urges his followers to get their hands on Bitcoin (BTC) if they haven't already. His reasoning revolves not only around the approaching Bitcoin halving event but also the faltering strength of the U.S. dollar.

Bitcoin to the Bucket List: Kiyosaki's Advice

Robert Kiyosaki, a vocal advocate of alternative investments, has issued a new call-to-arms for his followers: If you can’t foot a full Bitcoin, don't shy away! Consider investing in one-tenth of a coin through fresh-off-the-market ETFs or buying Satoshi. His tweet echoes optimism that, if Bitcoin sticks to its roadmap, owning a full token by year-end wouldn’t be an implausible feat!

Bitcoin recorded a decent 3.5% upturn, peaking at $69,700 on Monday, carrying forward its stellar weekend performance. Just a fortnight ago, Bitcoin was in choppy waters as the novel Bitcoin spot ETFs witnessed hefty outflows, crossing the $800 million mark last week.

Robert's Crystal Ball: $100,000 Bitcoin?

Kiyosaki's Bitcoin forecast points to a $100,000 valuation around the corner, come September. This prediction isn't solely tied to the Bitcoin ETFs, but also to the weak pulse of the U.S. dollar. Following his 'no eggs in one basket' advice, he advocates silver coins and gold as the go-to alternatives for those on the fence about Bitcoin.

Drawing parallels between Bitcoin and times-tested precious metals, Kiyosaki and like-minded enthusiasts argue that Bitcoin's hard cap of 21 million tokens safeguards it from the inflationary corrosion that the ever-expanding U.S. dollar supply invites.

Taking a leaf from Michael Saylor's book, Kiyosaki concurs that saving in cash or fiat currency is equivalent to treading thin ice. As he puts it, “Please don't be a poor person saving fake money.” Presently, blockchain data shows over 4.5 million Bitcoin addresses possessing upwards of 0.1 BTC, just as Kiyosaki recommended.

My Takeaway

Digging into Kiyosaki's views, while not outright financial advice, provides an informative outlook on the crypto economy's trajectory.