Bitcoin Halving Warrants Attention, Notes 'Rich Dad Poor Dad' Author

01/04/2024 23:46
Bitcoin Halving Warrants Attention, Notes 'Rich Dad Poor Dad' Author

Bitcoin halving event is worth paying attention to according to "Rich Dad Poor Dad" author, Robert Kiyosaki

“Rich Dad Poor Dad” author Robert Kiyosaki has called the attention of more than 2.4 million followers to the forthcoming Bitcoin halving event.

Robert Kiyosaki Advocates Bitcoin Halving

Known as one of the most popular financial experts, Robert Kiyosaki started his admonition noting that one of the reasons why the poor remain poor is because they have poor friends and family. He said in a bid to change one’s financial fortune, it is essential to have family and friends who are rich or at best, have the prospects to get rich.

Kiyosaki’s description comes as a caution to crypto investors in light of the upcoming Bitcoin halving event. In his words, investors need to closely watch this event, particularly in January, February, and March. 

“If you want to be rich it is essential to have rich friends or at minimum friends who want to be rich. A Bitcoin halving is fast approaching.  Please pay attention to Bitcoin halving, gold, and silver in January, February, and March. Please choose your friends carefully,” he said in his post.

Robert Kiyosaki has always been a vocal advocate of Bitcoin and he has always rated the digital currency alongside other top-rated assets like gold, silver, and real estate. In his bullish calls, Kiyosaki predicts that the price of Bitcoin is likely to touch a high of $135,000 drawing on the potential impact of this Bitcoin halving event.

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BTC Halving and ETF Complement

Many crypto pundits are already foreseeing a massive jump ahead for Bitcoin this year as two significant events are potentially scheduled.

While there is a high level of certainty that the Bitcoin halving event will take place around April, leading to the slash in the reward issued to miners, the potential approval for Bitcoin ETF is unsure, despite the massive sentiment of market experts supporting the notion.

Should these two events come to reality, many believe it can trigger a massive surge in the price of Bitcoin, with Bitwise projecting an ambitious target of $80,000 this year. There are other more bullish projections surrounding the Bitcoin price and should most of these come to pass, we may see the premier coin jumping as high as $1 million by 2025 according to Stock-2-Flow (S2F) model creator, PlanB.

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter, Linkedin

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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