Robert Kiyosaki, the entrepreneur best known for his financial guide Rich Dad Poor Dad, which has sold over 40 million copies worldwide, recently cautioned Bitcoin holders against letting greed take over as the cryptocurrency continues its rally.
Kiyosaki has said he will keep purchasing Bitcoin until it reaches $100,000, but beyond that, he’ll step back from buying.
“Now is not the time to get greedy. Remember… hogs get fat, pigs get slaughtered. Don’t be a pig,” he advised.
Bitcoin recently hit $88,894, almost reaching the $90,000 milestone. This achievement follows yesterday’s surge, where Bitcoin surpassed silver in market capitalization.
Previously, Kiyosaki had predicted that Bitcoin could reach $350,000 by the year’s end, a forecast some found contradictory to his recent caution on buying at $100,000.
In July, Kiyosaki even suggested the cryptocurrency could eventually soar to $10 million.
Bitcoin mining has undergone a notable shift over the past decade, moving away from hydrocarbon fuels and adopting more sustainable energy practices.
In a recent live address, U.S. President Donald Trump declared that a new base tariff of 10% would be applied universally to all countries.
Metaplanet, a Tokyo-based investment firm, has continued its aggressive push into Bitcoin by acquiring an additional 160 BTC for approximately $13.3 million.
Bitcoin’s downward trend could persist longer than expected, according to some analysts who see similarities with the 2022 bear market.