Renowned Investor Robert Kiyosaki Applauds Cathie Wood’s Forecast of Bitcoin Surpassing $2.3 Million, Encourages Bold Investments in Cryptocurrency

Renowned Investor Robert Kiyosaki Applauds Cathie Wood’s Forecast of Bitcoin Surpassing .3 Million, Encourages Bold Investments in Cryptocurrency

Robert Kiyosaki Praises Cathie Wood’s Prediction that Bitcoin Will Hit $2.3M, Suggests ‘Live Dangerously’ and Buy More

Both Robert Kiyosaki and Cathie Wood are well known in financial and investing circles, although for very different reasons.

In the 1990s, Kiyosaki authored “Rich Dad Poor Dad,” a book about personal finance and wealth creation. Wood is known for her role as CEO of Ark Invest, one of the world’s largest asset management companies. Despite their different paths to fame, they agree on one thing: Bitcoin (BTC) is going to the moon.

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In a post onKiyosaki noted that Wood “guarantees that Bitcoin will reach $2.3 million per BTC. Do I believe her? Yes, I do. Cathie Wood is very intelligent. I trust her opinion. Could she be wrong? Yes. She could be. So what? The most important question is: “What do you believe?” What if Cathie was right? What if Cathie was wrong? And above all: “How much Bitcoin do you own ? “If Cathie is right, I would have liked to buy more.”

The “Rich Dad” refers to a prediction Wood made during a Bitcoin Investor Day in March. Wood argued that Bitcoin will reach between $1.5 million and $3.8 million by 2030. This prediction relies largely on institutional adoption, as Wood predicts that if institutional investors invested 5% of their portfolios in Bitcoin price could reach $3.8 million.

Kiyosaki likely derives the $2.3 million figure from Wood’s statement that “if institutional investors allocated just over 5% of their portfolios to Bitcoin, as we believe they will over time, This alone would add $2.3 million to the projection (of $1.5 million) that I just gave you.

In response to these ideas, Kiyosaki advised his followers to “live dangerously” and buy “$0.01 of Bitcoin, no matter if Cathie is right or wrong, you will be better educated, smarter and wiser in matters of Bitcoin”.

He also views a Bitcoin investment as a learning opportunity.

“In the real world, the richest and happiest people are those who make mistakes and learn from them,” he said.

Here, Kiyosaki believes that Bitcoin investors, regardless of the amount, will ultimately come away from the experience with more knowledge, whether or not they profited from the investment.

Kiyosaki also estimates that Bitoicn will appreciate and “reach $2.3 million.” So, according to Kiyosaki, Bitcoin is ultimately a way to learn about digital currency and make huge profits.

For reference, $2.3 million Bitcoin would represent a 3,200% increase from current prices.

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This item Robert Kiyosaki Praises Cathie Wood’s Prediction that Bitcoin Will Hit $2.3M, Suggests ‘Live Dangerously’ and Buy More originally appeared on Benzinga.com

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