"Rich Dad Poor Dad" Author Issues Bitcoin Warning: Don't Get Slaughtered

11/12/2024 13:33
"Rich Dad Poor Dad" Author Issues Bitcoin Warning: Don't Get Slaughtered

Robert Kiyosaki will stop buying Bitcoin once it hits the $100,000 level

Robert Kiyosaki will stop buying Bitcoin once it hits the $100,000 level

"Rich Dad Poor Dad" Author Issues Bitcoin Warning: Don't Get Slaughtered

Cover image via U.Today

American entrepreneur Robert Kiyosaki, whose "Rich Dad Poor Dad" financial literacy book has sold more than 40 million copies around the world, has warned Bitcoiners against benign excessively greedy.  

Kiyosaki stated that he would continue buying the largest cryptocurrency until it hits $100,000. However, once Bitcoin passes this level, he will no longer be a buyer. 

"Not a time to get greedy. Always remember….hogs get fat…pigs get slaughtered. Don’t be a pig," Kiyosaki noted. 

Related

'Rich Dad Poor Dad' Author: Hang On Tight As Bitcoin Enters ‘Banana Zone’

The largest cryptocurrency is currently trading at $88,894 after previously hitting a lifetime peak of $89,560 roughly six hours ago. 

As reported by U.Today, Bitcoin recently surpassed silver by market capitalization.  

Earlier, Kiyosaki predicted that Bitcoin would be able to hit $350,000 by the end of the year.

About the author

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Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at [email protected].

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