Robert Kiyosaki is optimistic about Bitcoin says “I will continue to acquire it at $76,000”

Robert Kiyosaki, the author of Rich Dad Poor Dad, intends to augment his Bitcoin investments “regardless of price.”

Robert Kiyosaki, the bestselling billionaire author of Rich Dad Poor Dad, intends to acquire additional Bitcoins at the current market rate as part of his ongoing strategy to maintain profits in the crypto asset.

After Donald Trump’s historic victory in the U.S. presidential election and the Federal Reserve’s quarter-point interest rate reduction, Bitcoin attained a new all-time high of $77,208 on Friday, prompting Kiyosaki’s disclosure. Ethereum, the second-largest cryptocurrency by market capitalization, also experienced a surge, surpassing $3,000 on Saturday.

Kiyosaki declared in an X post on November 9 that he would increase his Bitcoin holdings from 73 BTC to 100 BTC within a year, irrespective of the crypto asset’s valuation.

Kiyosaki wrote, “I purchased my first Bitcoin at $6000 and continue to accumulate it at $76,000. Keep in mind that the quantity of coins, gold, silver, or Bitcoin that you possess is more significant than the price per coin, despite the fact that the price per coin is essential.”

Among the reasons Kiyosaki is optimistic about Bitcoin is his conviction that it will serve as the “people’s money” and an alternative asset for hedging against inflation in the aftermath of a global economic crisis that he anticipates.

The renowned author has recently issued a variety of Bitcoin price forecasts in numerous X posts, advising investors to consider gold, silver, and the crypto asset. Kiyosaki predicted in August that the Bitcoin price would reach $1 million as gold and silver traded at $75,000 and $60,000, respectively, during the “greatest collapse” in real estate, equities, and bonds.

CoinMarketCap data indicates that Bitcoin had traded at $76,369 at the time of writing, despite having lost some of its Friday gains.

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