“Rich Dad Poor Dad” Author Issues Bitcoin Warning: Don’t Get Slaughtered

As a seasoned crypto investor with a keen eye for market trends and a deep respect for financial wisdom, Robert Kiyosaki’s advice resonates profoundly with me. His life experiences and insights, as articulated in his bestselling book “Rich Dad Poor Dad,” have been instrumental in shaping my investment philosophy.


Robert Kiyosaki, the renowned American author of the financial literacy book “Rich Dad Poor Dad,” which has been purchased over 40 million times globally, has cautioned Bitcoin investors against blindly giving in to excessive greed.

Robert Kiyosaki has expressed his intention to keep purchasing the leading digital currency as long as its value stays below $100,000. Once Bitcoin surpasses that price point, he plans to cease being a buyer in it.

As I reflect on the current situation, I’d advise against overindulgence. It’s important to recall the old saying, “Rich get comfortable…Too comfortable and you might find yourself in trouble.” In essence, let’s strive to avoid complacency.

Right now, the highest-valued cryptocurrency is being exchanged for approximately $88,894, dropping slightly from its all-time high of $89,560 which it reached around six hours back.

As reported by U.Today, Bitcoin recently surpassed silver by market capitalization.  

Earlier, Kiyosaki predicted that Bitcoin would be able to hit $350,000 by the end of the year.

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2024-11-12 09:58