Robert Kiyosaki Issues a Warning to Bitcoin Investors

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.

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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.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.