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'Rich Dad Poor Dad' Author Buying More Bitcoin ASAP
Robert Kiyosaki, the author of "Rich Dad Poor Dad," has revealed that he is buying more Bitcoin even after the leading cryptocurrency by market cap reached a new record high
The prominent financial commentator is convinced that Bitcoin is the easiest path to becoming a millionaire
"It’s never been easier to become rich…. even a millionaire," Kiyosaki said.
On July 11, Bitcoin reached a new record high of $118,667 following weeks of consolidation. At press time, the leading coin is changing hands slightly below its record peak
Earlier this July, Kiyosaki tweeted that he believes that Bitcoin could be worth as much as $1 million in the future
Prior to this, the controversial pundit admitted that he was late to the leading cryptocurrency. He said that it took him that long to finally invest in BTC simply because he did not understand modern money. However, he is still buying more coins since he believes that the leading cryptocurrency still has plenty of upside potential.
That said, some of his statements appear to be rather inconsistent. In late June, for instance, Kiyosaki said that he was waiting for Bitcoin to crash before adding to his position. The crash never happened, but he ended up buying more (at least based on the recent social media posts).
Is $135,000 next?
According to Katie Stockton, founder and managing partner at Fairlead Strategies, Bitcoin could now be on track to surge to as much as $135,000
Kiyosaki himself previously predicted that Bitcoin could be worth as much as $250,000 this year