Dec 19, · Robert Kiyosaki – the famed author of the bestselling book “Rich Dad, Poor Dad” – is at it again when it comes to bitcoin. In a recent interview, he commented that . Dec 16, · Robert Kiyosaki, the author of the famous book “Rich Dad Poor Dad” has joined the tall list of experts who firmly believe that Bitcoin will set the world ablaze in . May 18, · Businessman and bestselling author Robert Kiyosaki predicted recently that Bitcoin’s value will touch $75, in the next three years. A % increase in price for three years The ‘Rich Dad, Poor Dad’ author thinks that Bitcoin will experience a % increase in price every year for the next three years and it will touch the $75k mark.
Robert kiyosaki bitcoinRobert Kiyosaki Predicts $50, for Bitcoin Price in
According to his price prediction, there is a huge potential in the Bitcoin market because its market cap is just 2. Kiyosaki is also an investor with his portfolio containing a fair amount of precious metals.
Firstly, Kiyosaki believes that the market cap of Bitcoin is still in the early phase when compared head to head with Gold. Meaning the digital asset has a lot of potential ahead. Kiyosaki also based his Bitcoin price prediction on the low correlation of the Bitcoin market to the US stock market. Also, investors find comfort in Bitcoin in situations where they seek to hedge against inflation especially in recent times where the central banks have injected liquidity into the economy causing stock prices to rise as well.
Kiyosaki also based his Bitcoin price prediction on the institutional inflow of money into the BTC market. Wall of institutional money coming However, now that the COVID vaccine is ready and being distributed to individuals in both America and the United Kingdom, many are watching with bated breath to see if this doomsday prediction surrounding the digital currency comes true.
Bitcoin, gold, and other assets are now being looked at as valid tools to potentially hedge wealth and keep money safe during times of economic strife. In other words, bitcoin is not centralized the way traditional finance is.