Days after predicting that Bitcoin (BTC) could hit $350,000 by the end of August 2024, popular investor and finance author Robert Kiyosaki shared his view that the flagship decentralized finance (DeFi) asset was the best way to turn someone into a millionaire.
Specifically, Kiyosaki pointed out that making millions as an entrepreneur was difficult, as “you have to be really smart, dedicated, and lucky to become a millionaire starting your own business,” whereas Bitcoin “does the hardwork for me,” as he explained in an X post on June 11.
Indeed, it is no secret that the renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad’ is a major fan of Bitcoin who believes that the maiden cryptocurrency will go “through the roof,” agreeing with Ark Invest’s Cathie Wood that one day it could hit the price of $2.3 million.
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Furthermore, he has opined that Bitcoin was one of the best ways to safeguard one’s wealth against the “Marxists” in the American government, who control the “fake money,” a.k.a the United States dollar, but has also expressed belief in the future success of other crypto assets, like Ethereum (ETH) and Solana (SOL).
On top of that, Kiyosaki has long advised his followers on X (formerly Twitter) to accumulate precious metals gold and silver in the face of inflation, mounting debt, and market instability, as well as the ‘everything bubble’ that encompassed traditional financial products like stocks and bonds.
Meanwhile, Kiyosaki’s favorite digital asset was at press time changing hands at the price of $67,761, recording a drop of 2.31% on the day, declining 1.75% across the week while advancing 11.51% in the past month, and accumulating a gain of 64.68% since the year’s turn, as per recent data on June 11.
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