'Rich Dad Poor Dad' Author Robert Kiyosaki Confesses, 'I Know Nothing About Bitcoin,' But Is Thankful That He Bought Early
Portfolio Pulse from Mehab Qureshi
Robert Kiyosaki, author of 'Rich Dad Poor Dad,' has advocated for Bitcoin and silver in investment portfolios, despite admitting his limited knowledge about Bitcoin. He expressed confidence in Bitcoin, having bought it early, and highlighted the importance of the upcoming Bitcoin halving event. Kiyosaki also mentioned carrying a debt of $1.2 billion, implying a nonchalant attitude towards the potential risk due to his belief that the bank would suffer if he goes bust. Bitcoin was trading at $43,427, up 2.79% at the time of writing.
January 30, 2024 | 6:05 am
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POSITIVE IMPACT
Robert Kiyosaki's endorsement of Bitcoin, despite his admitted lack of knowledge, could influence investor sentiment positively due to his reputation. His focus on the Bitcoin halving event may also draw investor attention to the potential impact of this event on Bitcoin's value.
Kiyosaki's influence as a well-known financial author could sway some investors to consider or maintain Bitcoin in their portfolios, especially those who follow his advice. The mention of the Bitcoin halving event, which historically has led to price increases, could further drive positive sentiment in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80