Rich Dad Poor Dad author Robert Kiyosaki has always managed to stay in the spotlight with his statements over the years. The analyst, who claims that the US dollar will eventually lose its value and that gold, silver, and Bitcoin will gain value, seems to be increasingly validated by the market. It is also well known that Kiyosaki has long referred to Bitcoin (BTC) as “real” money and has compared it to fiat currencies. So, let’s take a look at the three cryptocurrencies Robert Kiyosaki deems worth buying.
Bitcoin (BTC) Comments
Robert Kiyosaki has been tirelessly advising people to buy Bitcoin for years. The famous figure claims that the US dollar will eventually hit zero and that BTC, along with gold and silver, will become real money. After his initial skeptical approach in the early 2010s, the author has increasingly voiced his positive stance on Bitcoin, frequently describing it as a representative of the future.
As of July 2024, it appears that Kiyosaki has been proven right so far. Considering that BTC has generally been on an upward trend since he first made his statements, the situation becomes more intriguing. Additionally, Bitcoin’s price has seen a significant rise since October 2023, and as of today in 2024, it continues to trade above $66,002 with a 58.32% increase.
According to the author’s view, if the $300,000 BTC target becomes a reality, BTC bought today at $66,200 could yield substantial profits in the future.
Author’s View on Ethereum (ETH)
Robert Kiyosaki’s positive views on Ethereum (ETH) are generally less pronounced, but he has expressed his support for the cryptocurrency, which ranks second in volume after BTC, on multiple occasions.
For example, in May 2024, he shared a positive tweet about ETH, stating that it was a great time to buy. Despite many positive developments for Ethereum, including the launch of its own spot exchange-traded fund (ETF), it should be noted that ETH has been in decline since Kiyosaki’s tweet.
As of the time of writing, ETH is trading at $3,311, following a 0.90% increase in the last 24 hours.
Kiyosaki’s View on Solana (SOL)
Robert Kiyosaki’s comments on Solana date back to 2022. This scenario shows that the author has been proven right once again. Those who followed Kiyosaki’s advice and bought SOL have seen an 80% profitability.
Considering the significant rises at the end of 2023 and throughout most of 2024, this situation is not surprising. Solana has experienced a massive 668.75% increase over the last 52 weeks. Today, SOL is trading at $180, following a 2.74% decrease.