CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
CoinGape 2024-11-30 02:11:36

Robert Kiyosaki Says FOMO Is Good As Bitcoin Price Nears $100K Mark

Robert Kiyosaki, author of Rich Dad Poor Dad, has sparked discussion about Bitcoin’s potential to reach new heights. In a recent post, he stated that FOMO (Fear of Missing Out) could benefit investors as Bitcoin price approaches the $100,000 mark. Kiyosaki, a strong advocate for alternative assets like gold, silver, and Bitcoin, warned that holders of traditional fiat currencies risk missing out. He believes that as BTC nears the $100,000 milestone, only the ultra-wealthy will be able to afford significant holdings. Robert Kiyosaki Warns: FOMO is Key as Bitcoin Nears $100K In a recent tweet , Robert Kiyosaki highlighted his view that Bitcoin will soon surpass the $100,000 mark. He emphasized that once BTC hits this price point, it will become increasingly difficult for the middle class to invest in significant amounts. Kiyosaki argued that those holding traditional fiat currencies like the dollar, euro, or yen will lose out as Bitcoin becomes more accessible only to the ultra-wealthy. Robert Kiyosaki has long been a critic of fiat currencies and advocates for alternatives like Bitcoin, gold, and silver. He has been consistent in his stance that Bitcoin offers an opportunity to protect wealth in a way that traditional currencies cannot. With Bitcoin price approaching new highs, Kiyosaki has advised those hesitant about Bitcoin to reconsider and embrace the “FOMO” mentality. He suggested that this fear of missing out could drive more investors toward the crypto, benefiting those who act early. The Rich Dad Poor Dad author emphasized, “The horse will be out of the barn and running. Why? Once Bitcoin breaks $100,000 only the ultra-rich such as corporations, banks, and sovereign wealth funds will be able to afford Bitcoin of any consequence. FOMO is good. Don’t be left behind!” Kiyosaki Criticizes Fiat Savings According to Robert Kiyosaki, those who save in cash or hold fiat currencies are “losers,” as he calls them, due to the devaluation brought on by inflation. He reiterated this message in his recent posts, where he underscored the importance of diversifying into assets like Bitcoin. His argument rests on the view that inflation and government monetary policies will continue to erode the purchasing power of traditional currencies. As the Bitcoin price continues to rise, he forecasts that it will soon reach $100,000 and beyond. He pointed out that once this milestone is achieved, it will be almost impossible for most people to catch up. Kiyosaki added, “Savers are losers…because cash is trash. Bitcoin will soon break $100,000. Once Bitcoin passes $100,000 it will be almost impossible for the poor and middle class to catch up.” In addition to his commentary on the Bitcoin price, Robert Kiyosaki praised Michael Saylor, the founder of MicroStrategy, for his Bitcoin strategy. Kiyosaki referred to Saylor as a “genius” for utilizing the company’s treasury to purchase billions of dollars worth of Bitcoin. He believes that Saylor’s approach strengthened MicroStrategy’s balance sheet. At press time, Bitcoin is trading at around $96,400, following a recent rebound from a low of $91,000 earlier in the week. The cryptocurrency has shown strong resilience, with analysts predicting a BTC rally toward $100,000 soon. The post Robert Kiyosaki Says FOMO Is Good As Bitcoin Price Nears $100K Mark appeared first on CoinGape .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约