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Robert Kiyosaki Goes Bullish on Bitcoin: “I Continue to Acquire at $76,000”

Robert Kiyosaki Goes Bullish on Bitcoin: “I Continue to Acquire at $76,000”

DailycoinDailycoin2024/11/10 05:22
By:Dailycoin
  • Robert Kiyosaki shared his Bitcoin plan for the next year. 
  • The famous author will buy more of the crypto asset “regardless of price.” 
  • Kiyosaki’s comment followed Bitcoin’s rally to a new high of $77,208.

Robert Kiyosaki, the bestselling billionaire author of Rich Dad Poor Dad, is planning to buy more Bitcoins at the current market rate as part of his ongoing strategy of saving profits in the crypto asset. 

Kiyosaki’s revelation came after Bitcoin reached a new all-time high of $77,208 on Friday following Donald Trump’s historic U.S. presidential election victory and the Federal Reserve’s quarter-point interest rate cut. Other digital assets also rallied, including Ethereum, the second-largest crypto by market cap, which rose above $3,000 on Saturday. 

Robert Kiyosaki’s Bitcoin Plan 

In an X post on November 9, Kiyosaki said he would raise his Bitcoin holdings from 73 BTC to 100 BTC within a year, regardless of the crypto asset’s price. 

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“I bought my first Bitcoin at $6000, and I continue to acquire at $76,000, Kiyosaki wrote. “Remember, while price per coin is important….ultimately it’s the number of coins, gold, silver, or Bitcoin that are yours…. That count,,,more importantly than the price per coin”

Among the reasons why Kiyosaki is bullish on Bitcoin is his belief in the crypto as the “people’s money” and an alternative asset for hedging against inflation in the wake of a global economic crisis he foresees in the future. 

The renowned author has recently made various Bitcoin price forecasts in multiple X posts recommending investments in the crypto asset, gold, and silver. In August, Kiyosaki forecasted that the Bitcoin price could surge to $1 million as gold and silver trade at $75,000 and $60,000 amid what he termed “greatest crash” in real estate, stocks, and bonds. 

Bitcoin had pared some of its Friday gains to exchange hands at $76,369 at the time of writing, CoinMarketCap data shows.  

Read why Billionaire Paul Tudor is long on Bitcoin:
Billionaire Paul Tudor Jones is Long on Gold, Bitcoin: Here’s Why

Stay updated on BlackRock’s spot Bitcoin ETF recent performance:
BlackRock’s Bitcoin ETF (IBIT) Sees Record $1.1B Singe-Day Inflow

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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