Robert Kiyosaki: Bitcoin Reaches $350,000 in August

Robert Kiyosaki, the author of ‘Rich Dad Poor Dad’, has expressed his optimistic views on three cryptocurrencies on the social media platform He recommends Bitcoin (BTC), Ethereum (ETH) and Solana (SOL).

‘Rich Dad Poor Dad’ is a 1997 book written by Kiyosaki and Sharon Lechter. It was on The New York Times bestseller list for more than six years. The book has sold more than 32 million copies in more than 51 languages ​​and in more than 109 countries.

In his post, Kiyosaki predicted that the price of Bitcoin would reach $350,000 in August, emphasizing that this figure is speculative and only a prediction, not a misleading claim. He emphasized:

“Bitcoin will be $350,000 on August 25, 2024 is not a lie.”

He clarified:

“It’s a prediction. It’s speculation. It’s an opinion, but it’s not a lie. It’s bait for suckers, but it’s not a lie because any prediction about the future is not a lie. I want $350,000 Bitcoin to become a reality, and I want it to be true… but it’s just a prediction.”

Nevertheless, he expressed confidence that BTC will achieve this goal this year:

“I am convinced that Bitcoin will reach $350,000 sometime in 2024, but it is only a goal, a dream and a wish.”

The well-known author includes in his investment strategy acquiring more Bitcoin, Ethereum and Solana due to his belief in their potential price appreciation. He revealed:

“I continue to buy more Bitcoin, Ethereum and Solana as I am quite confident that their prices will continue to rise.”

His confidence is largely influenced by what he sees as the incompetence of American leadership. He criticized President Joe Biden, Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell, calling them “The Three Stooges.”

“Why am I so convinced? Is it because I’m confident about Bitcoin, Ethereum and Solana? My answer is ‘No’. What I am certain of is the incompetence of our leaders, President Biden, Treasury Secretary Yellen and Fed Chairman Powell. Those three are the 3-Stooges in real life and I am sure, I am very convinced of their incompetence,” he detailed. He urged investors to protect themselves from Biden, Yellen and Powell, concluding:

“Buy more gold, silver, Bitcoin, Solana and Ethereum.”

The honored author, who usually emphasizes Bitcoin alongside gold and silver, has also previously mentioned Ethereum and Solana. For example, in May 2022 he tweeted about buying more precious metals and cryptocurrencies in anticipation of global economic troubles and possible warfare. “World in trouble. National debt will go through the roof. Biden causes inflation & blames Putin. Dollar is about to collapse. Buy more gold, silver, Bitcoin, Ethereum and Solana before WW3 breaks out.” In September 2021, he wrote: “Get gold, silver, Bitcoin, Ethereum for the biggest crash in history.”