As he continues to warn against fiat money and traditional banks, Robert Kiyosaki, a popular investor, entrepreneur, and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has not hidden his inclination toward more alternative forms of investing, including cryptocurrencies.
Indeed, Kiyosaki has long advocated against keeping savings in banks, viewing the banking system as “corrupt” and vulnerable to financial panic, as well as expressing his growing frustration with those reluctant to invest in crypto, highlighting his own interest in three particular digital assets.
Solana price year-to-date (YTD) chart. Source: Finbold
#2 Ethereum (ETH)
Meanwhile, Ethereum (ETH) has also captured Kiyosaki’s attention, and he said he purchased it earlier this year because he believes “our money is fake.” Additionally, the approval of its spot exchange-traded fund (ETF) has added to its appeal, with the Ethereum ETF go-ahead being one of the most important events in the industry.
need eth to go to 100k for a house in LA
— Shibetoshi Nakamoto (@BillyM2k) May 21, 2024On top of that, the Ethereum price prediction $100,000 by Dogecoin (DOGE) co-founder Billy Markus reflects widespread industry enthusiasm for the world’s second-largest crypto. In the meantime, ETH is trading at $2,613.20, reflecting a 0.15% drop on the day, advancing 1.10% on its weekly chart, having declined 24.93% in the past month but gaining 14.62% this year.
Ethereum price year-to-date (YTD) chart. Source: Finbold
#3 Bitcoin (BTC)
Last but not least is the flagship decentralized finance (DeFi) asset, Bitcoin (BTC), which Kiyosaki has opined represents the future of money, reflected in his Bitcoin prediction of $300,000 for this year, although Bitcoin prediction on its Rainbow chart indicates $187,000 as the best-case scenario by early 2025.
BITCOIN on fire. The biggest mistake you can make is to procrastinate. Important to start, even if only for $500. Next stop $300,000 per BC in 2024
— Robert Kiyosaki (@theRealKiyosaki) March 6, 2024For now, Bitcoin is changing hands at $58,470, which suggests a decline of 1.80% in the last 24 hours, a 0.77% increase across the previous seven days, and an accumulated loss of 12.08% on its monthly chart, although it has grown 38.53% year-to-date (YTD), as per data on August 19.
Bitcoin price year-to-date (YTD) chart. Source: Finbold
Robert Kiyosaki Twitter lessons
All things considered, the above cryptocurrencies contribute to Robert Kiyosaki net worth, as the finance educator himself has confirmed over time, often praising them on his profile on social media platform X (formerly Twitter), as well as his YouTube podcast ‘The Rich Dad Channel.’
That said, as an experienced investor, Kiyosaki is well aware of all the risks entailed in this endeavor, so doing one’s own due diligence, carrying out detailed research, keeping up with any relevant news, and understanding these risks is critical when devoting larger sums of money to any asset.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
