Robert Kiyosaki Raises Bitcoin Forecast to $300,000

Robert Kiyosaki, author of the bestseller “Rich Dad, Poor Dad” and entrepreneur, has predicted that the leading cryptocurrency will rise to $300,000 this year and offered advice to investors.

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, 2024

“Bitcoin is on fire. The biggest mistake you can make is procrastination. It’s important to start, even with just $500. Next stop is $300,000 in 2024,” he wrote.

In January, following the approval of cryptocurrency spot price-based exchange-traded funds in the US, Kiyosaki predicted a price surge to $150,000. The entrepreneur urged exchanging “fake dollars” for gold, silver, and bitcoin.

Later, he explained that he views cryptocurrency as “protection against the theft of savings” by authorities and bankers through inflation, taxes, and stock price manipulation. For this reason, he prefers investing in digital gold and encourages others to do the same.

In September 2022, Kiyosaki recommended buying bitcoin and other cryptocurrencies ahead of “the biggest economic crash in history.” In November, he reaffirmed his commitment to digital gold despite the FTX collapse.

In March 2023, the entrepreneur urged investment in bitcoin and precious metals amid issues at regional US banks. He reiterated his recommendations in April and May.

In September, Kiyosaki stated that investing in bitcoin is essential before the launch of the digital dollar in the US. Prior to this, he criticized the idea of CBDCs.

Kiyosaki has repeatedly made bolder price forecasts. In February 2023, he predicted bitcoin would reach $500,000 by 2025, reiterating the “greatest economic crash” thesis.

In August, he suggested the cryptocurrency could hit $1 million if the global economy collapses.