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Rich Dad author again supports Bitcoin will rise to $100000

Date:2024-07-11 19:18:21 Channel:Exchange Read:

In today's digital currency boom, the author of Rich Dad once again stood up to express his support for Bitcoin and predicted that its price would soar to $100,000. This news has undoubtedly caused a stir among investors. Let's explore this topic in depth and see if the views of this financial bigwig can become a compass for investors and lead them to the other side of wealth.

As the first digital currency to apply blockchain technology, Bitcoin has attracted much attention since its birth. Its characteristics such as decentralization, anonymity and scarcity have made it a popular target for many investors. When the author of Rich Dad once again supported Bitcoin and predicted that its price would rise to $100,000, this assertion aroused a strong reaction from the market. His views undoubtedly injected new impetus into the development of Bitcoin and provided new ideas for investors.

In the past few years, the price fluctuations of Bitcoin have been legendary. From a few dollars to tens of thousands of dollars, the price of Bitcoin has soared to a jaw-dropping level. Now, the author of Rich Dad once again predicts that the price of Bitcoin will rush to $100,000, which is undoubtedly full of expectations. As the global digital currency market continues to grow and develop, Bitcoin is expected to usher in a new round of gains, bringing rich returns to investors.

Of course, there are certain risks in investing in Bitcoin. The digital currency market is volatile, and investors need to keep a clear mind and treat investment rationally. Although the author of Rich Dad strongly supports Bitcoin, it does not mean that investment is smooth sailing. Investments must be cautious and decisions must be made carefully to win in the market.

For ordinary investors, how to view Rich Dad's predictions and how to grasp Bitcoin investment opportunities are both difficult problems in front of them. But in any case, attention and research on the digital currency market will become an important direction for future investment. Bitcoin may really rise to $100,000, but more importantly, investors must understand the risks and opportunities involved and invest rationally to reach the peak of wealth.

In general, Rich Dad's predictions have undoubtedly injected new impetus into the Bitcoin market and pointed out the direction for investors to move forward. However, investment must be cautious and the market must be rational. Only in this way can we overcome difficulties in the world of digital currency and ultimately succeed. I hope every investor can seize the opportunity and realize the dream of wealth freedom.

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Coin Circle (120Btc.com) News: Robert Kiyosaki, the author of the best-selling financial book "Rich Dad Poor Dad", once again called for Bitcoin. As a long-term believer in Bitcoin, he explained in a tweet yesterday (21) why he loves Bitcoin, saying that Bitcoin has become "people's money" because it cannot be controlled by the government and the central bank, and he is bullish that Bitcoin will reach $100,000.

"Why did I choose Bitcoin? Years ago, I saw Bitcoin climb to $20,000 and then fall to zero. At that time, I thought Bitcoin was finished. But slowly watching Bitcoin soar to $6,000, I bought a lot. Why? Because people support Bitcoin, not the Fed or the Biden administration. Bitcoin does not need their bailout because Bitcoin is the people's money. Bitcoin will reach $100,000."

Rich Dad: Bitcoin will rise to $500,000 in 2025

Kiyosaki has previously repeatedly criticized the Federal Reserve for turning on the printing press for many years, causing the dollar to continue to depreciate. Cash is garbage and fake currency in 2023, and may eventually be as worthless as "toilet paper". He is optimistic about the scarcity of gold, silver, and Bitcoin, which will make them priceless.

Last year, he also repeatedly warned that the Federal Reserve's interest rate hike policy was destroying the economy and would lead to a major economic collapse, calling on investors to increase their positions in Bitcoin, gold and silver. This week, he also praised Bitcoin's excellent performance this year, which has risen by more than 100% in a year, and bet that Bitcoin will continue to rise.

In fact, Kiyosaki revealed in an interview in February that he bought 60 bitcoins directly when the price of bitcoin reached $6,000 many years ago. His bitcoin investment has achieved a 300% increase in value for him. He also predicted that bitcoin will exceed the $500,000 mark by 2025.

"By 2025, the price of gold will become $5,000, the price of silver will become $500, and the value of bitcoin will be $500,000. Why? Because trust in the dollar and "fake money" will be destroyed. Gold and silver are the currencies created by God, while bitcoin is the currency of the people."

Bitcoin falls below $28,000

Bitcoin, which once broke through the $30,000 mark this week, fell below the $28,000 mark late last night, and fell to $27,125 in the early morning, with a maximum drop of more than 4.1%. It was temporarily reported at $27,236 before press time, down 3.7% in the past 24 hours.

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