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Rich Dad Poor Dad author Robert Kiyosaki has emphasized that his prediction of bitcoin hitting $350K on Aug. 25 “is not a lie.” He also expressed his bullish outlook for ethereum and solana, noting that he will keep buying the three cryptocurrencies because he is “quite certain their prices will continue to rise.”
The author of Rich Dad Poor Dad, Robert Kiyosaki, expressed his bullish outlook for three cryptocurrencies on social media platform X on Wednesday. He recommends bitcoin (BTC), ethereum (ETH), and solana (SOL). Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
In his post, Kiyosaki predicted that bitcoin’s price would reach $350K in August, emphasizing that this figure is speculative and merely a prediction, not a deceitful claim. He stressed:
Bitcoin will be $350,000 by August 25, 2024 is not a lie.
He clarified: “It’s a prediction. It’s speculation. It’s an opinion, but it’s not a lie. It’s suckers bait, but it’s not a lie because any prediction about the future is not a lie. I want $350,000 bitcoin to be a fact, and I want it to be true … but it is only a prediction.” Nonetheless, he expressed his confidence that BTC will achieve this target this year: “I am confident bitcoin will hit $350,000 sometime in 2024 but it’s only a target, a dream, and a wish.”
The famous author’s investment strategy includes acquiring more bitcoin, ethereum, and solana due to his belief in their potential price increase. He revealed:
I keep buying more bitcoin, ethereum, and solana, because quite certain their prices will continue to rise.
His confidence is largely influenced by what he perceives as the incompetence of U.S. leadership. He criticized President Joe Biden, Treasury Secretary Janet Yellen, and Federal Reserve Chairman Jerome Powell, referring to them as “The Three Stooges.”
“Why am I so confident? Is it because I am certain about bitcoin, ethereum, and solana? My answer is ‘No.’ What I am confident of is the incompetence of our leaders, President Biden, Treasury Secretary Yellen, and Fed Chair Powell. Those three are the 3-Stooges in real life and I am certain, I am very confident about their incompetence,” he detailed. Urging investors to protect themselves from Biden, Yellen, and Powell, the renowned author concluded:
Buy more gold, silver, bitcoin, solana, and ethereum.
The esteemed author, who typically focuses on bitcoin alongside gold and silver, has also mentioned ethereum and solana previously. For instance, in May 2022, he tweeted about buying more precious metals and cryptocurrencies in anticipation of global economic issues and potential warfare. “World in trouble. National debt to go through the roof. Biden causing inflation & blaming Putin. Dollar about to implode. Buy more gold, silver, bitcoin, ethereum, & solana before WW3.” In September 2021, he wrote: “Get gold, silver, bitcoin, ethereum before the biggest crash in history.”
