Robert Kiyosaki’s Urgent Bitcoin Prediction: $100,000 and the FOMO Factor
Bitcoin’s recent surge towards $100,000 has sparked a flurry of predictions, and renowned personal finance author Robert Kiyosaki is adding his voice to the chorus. He believes the cryptocurrency could hit the six-figure mark imminently, driven by the very human fear of missing out (FOMO). Kiyosaki isn’t just suggesting a price target; he’s issuing a call to action, particularly for the middle class. He argues that once Bitcoin surpasses $100,000, significant investment will become prohibitively expensive for many. “Once Bitcoin passes $100,000 it will be almost impossible for the poor and middle class to catch up,” he stated. His concern centers around the accessibility of Bitcoin. He predicts that once the price skyrockets, only the ultra-wealthy – corporations, banks, and sovereign wealth funds – will be able to accumulate substantial holdings. This, he warns, will leave holders of traditional fiat currencies like the dollar, euro, and yen at a significant disadvantage.Kiyosaki, a long-time advocate for alternative assets such as gold, silver, and Bitcoin, frames this as a stark choice: “The rich will get richer. Those who save gold, silver, and Bitcoin will prosper. Those who save dollars, pesos, yen, euros, and loonies will be left behind.”— Robert Kiyosaki (@theRealKiyosaki)
Kiyosaki’s stance isn’t simply a bearish outlook on fiat currencies; it’s a bullish prediction for Bitcoin. He believes that FOMO, often viewed negatively, can be a powerful catalyst, pushing investors towards Bitcoin before it reaches the $100,000 milestone. “FOMO is good. Don’t be left behind!” he urged.He reiterates his belief that Bitcoin offers superior wealth protection compared to traditional savings accounts. He dismisses saving fiat currencies as a losing strategy, calling cash “trash” due to the eroding effects of inflation. Instead, he champions Bitcoin as a hedge against inflation and government monetary policies.In a recent X post, Kiyosaki emphasized the importance of asset diversification and encouraged investment in alternatives like Bitcoin. He underscored the urgency of acting now, before the $100,000 mark is breached and the opportunity becomes financially inaccessible to the average investor. At the time of writing, Bitcoin is trading at $96,722.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investing in cryptocurrencies carries significant risk, and you should conduct thorough research and consult with a financial advisor before making any investment decisions.