Robert Kiyosaki praises Cathie Wood's prediction that Bitcoin will reach $2.3 million and suggests “living dangerously” and buying more
Robert Kiyosaki praises Cathie Wood's prediction that Bitcoin will reach $2.3 million and suggests “living dangerously” and buying more
Both Robert Kiyosaki and Cathie Wood are well-known in the finance and investment industry, although for completely different reasons.
In the 1990s, Kiyosaki authored “Rich Dad Poor Dad,” a book about personal finance and wealth building. Wood is known for her role as CEO of Ark Invest, one of the largest asset management companies in the world. Despite their different paths to fame, they agree on one thing: Bitcoin (BTC) is going to the moon.
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In a post on X, Kiyosaki noted that Wood “guarantees that Bitcoin will reach $2.3 million per BTC. Do I believe her? So what? The more important question is, “What do you think?” What if Cathie is right? And most importantly, “How many Bitcoin do you own?” If Cathie is right, I wish I had bought more.
The “Rich Dad” refers to a prediction Wood made during a Bitcoin investor day in March. Wood argued that Bitcoin will reach a value of between $1.5 million and $3.8 million by 2030. This forecast is largely based on institutional adoption, as Wood predicts that if institutional investors allocated 5% of their portfolios to Bitcoin, the price could rise to as much as $3.8 million.
Kiyosaki likely gets the $2.3 million figure from Wood's statement that “if institutional investors were to invest a little more than 5% of their portfolio in Bitcoin, which we believe will be the case over time, that alone would be the case.” forecast would increase by $2.3 million.” [of $1.5 million] I just gave it to you.”
In response to these ideas, Kiyosaki advised his followers to “live dangerously” and “buy Bitcoin at $0.01, whether Cathie is right or wrong, you will be better educated, smarter and wiser when it comes to Bitcoin.” “
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He also sees a Bitcoin investment as a learning opportunity.
“In the real world, the richest and happiest people are people who make mistakes and learn from their mistakes,” he said.
Here, Kiyosaki believes that regardless of the amount, Bitcoin investors will ultimately emerge from the experience with more knowledge, regardless of whether they made a profit on the investment.
Kiyosaki also believes that Bitoicn will increase in value and “reach $2.3 million.” So, according to Kiyosaki, Bitcoin is ultimately a way to learn about digital currencies and make a huge profit.
For reference, a $2.3 million Bitcoin would represent a 3,200% increase from the current price.
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This article Robert Kiyosaki praises Cathie Wood's prediction that Bitcoin will reach $2.3 million and suggests “living dangerously” and buying more. It originally appeared on Benzinga.com
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