‘Rich Dad Poor Dad’ Author Names Profitable Asset That May Spike Soon

Bitcoin

Robert Kiyosaki, a well-known investor and businessman in the field of financial education who became famous for his classic book “Rich Dad, Poor Dad,” which was written back in the 1990s, has taken to the X social media platform (previously known as Twitter) to share his thoughts on yet another potential asset that he is thinking about embracing.

Typically, Kiyosaki uses his tweets to promote Bitcoin, gold, and silver. But this time, he is discussing stock in a well-known electronics manufacturer.

“May be it is time to buy Apple”

Tim Cook, the CEO of Apple, sold his stake in the company, according to Kiyosaki’s tweet. It occurred at the same time when Keybank cut the company’s rating. Although Kiyosaki acknowledged that he does not currently own any Apple shares, it may be time to acquire some now that the price has fallen below $150 per share. I do not own any Apple products, he wrote. In the event that Apple shares fall under $150, it could be time to buy.

Nevertheless, AAPL is currently selling on the NASDAQ for $173 per share.

https://x.com/theRealKiyosaki/status/1709683304675602751?s=20

However, he said in prior tweets that investors should stock up on Bitcoin, gold, and silver right now since they are now priced relatively favourably. He thinks they might appreciate in value over the next years (starting in 2025), notably Bitcoin, the most well-known cryptocurrency.

Bitcoin price expectations of Kiyosaki

The author and financial expert has frequently made audacious forecasts about the potential price level that Bitcoin may achieve in the future. Kiyosaki initially tweeted that he anticipates BTC to surge as high as $500,000 within two years, or by 2025. However, he then lowered this forecast to $120,000.

He thinks that Bitcoin may eventually, and within more than just a few years, reach the astounding $1 million level per unit.

Additionally, he recently tweeted that people should remove their money from banks because he anticipates a financial crisis in the near future. Similar language was used by Kiyosaki in the spring of 2023, when the United States had a financial crisis and a number of significant institutions, notably Silicon Valley Bank and Silvergate, were shut down. Kiyosaki exhorted his followers to purchase Bitcoin at this time. Back then, as the first of those banks started to close, the price of BTC increased.

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