Robert Kiyosaki Predicts Bitcoin Hitting $500K by 2025 and Gold Soaring to $5K
Noted best-selling author of Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of bitcoin will reach $500,000 by 2025. In the same period, he expects the price of gold to reach $5,000 and silver to $500. . Kiyosaki also warned that a “giant crash” was coming and a depression was possible.
Latest Bitcoin, Gold and Silver Price Predictions by Robert Kiyosaki
Rich Dad Poor Dad author Robert Kiyosaki shared his latest bitcoin, gold and silver predictions. Rich Dad Poor Dad is a 1997 book co-written by Kiyosaki and Sharon Lecter. It was on the New York Times bestseller list for over six years. The book has sold over 32 million copies in over 51 languages in over 109 countries.
Kiyosaki tweeted on Sunday:
A giant crash is coming. Possible depression. The Fed was forced to print billions of counterfeit money. By 2025, gold will be worth $5,000, silver $500, and bitcoin $500,000.
“Why? Because faith in US dollars, counterfeit money, will be destroyed. Gold silver [are] God’s money. bitcoin [is] folk $. Take care of yourself, ”added the famous author. Kiyosaki previously explained that gold, silver and BTC are real money, while the US dollar is counterfeit money.
In January, he said we were in a global recession, warning of skyrocketing bankruptcies, unemployment and homelessness. A well-known author has predicted that gold will rise to $3,800 this year, while silver will rise to $75. Last December, he said that the owners of gold, silver and bitcoin would get richer when the Federal Reserve rolled around and printed trillions of dollars. At the time of writing, Bitcoin is trading at $22,042, with the spot price of gold at $1,869 an ounce and silver at $22.23 an ounce.
Kiyosaki is not the only one who is optimistic about the price of bitcoin. Cryptocurrency-focused investment firm Pantera Capital recently stated that we are in the next bull market cycle. Investment management firm Ark Invest expects Bitcoin to become a multi-trillion dollar market, predicting that BTC can reach $1.48 million per coin.
However, Kiyosaki warned last week that “everything will collapse” but advised investors not to panic. He added that he plans to buy more gold, silver and bitcoin. The well-known author has previously said that he is a bitcoin investor, not a trader, which is why he gets excited when BTC hits a new bottom.
What do you think of the predictions and warnings of Rich Dad Poor Dad author Robert Kiyosaki? Let us know in the comments below.
Denial of responsibilityA: This article is for informational purposes only. It is not a direct offer or solicitation to buy or sell, nor is it a recommendation or endorsement of any products, services or companies. Bitcoin.com does not provide investment, tax, legal or accounting advice. Neither the company nor the author is directly or indirectly liable for any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods or services mentioned in this article.
Credit : news.bitcoin.com