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"Keep Going Up, Buy More Quickly"... 'Rich Dad' Kiyosaki Urges Bitcoin Purchases Even After $120,000 Mark

Kiyosaki: "It Has Never Been This Easy to Become Rich"
Despite Bitcoin Surpassing $120,000 for the First Time Ever, He Says "Buy More"

As Bitcoin continues its remarkable upward trajectory, repeatedly setting new all-time highs, Robert Kiyosaki, the world-renowned author of the bestseller "Rich Dad Poor Dad," has once again emphasized his strong conviction in Bitcoin investment, declaring, "Now is the opportunity to become a millionaire."


According to Reuters on July 14 (local time), Bitcoin reached $121,207.55 per coin during the Asian trading session that day. This marks the first time in history that Bitcoin has surpassed the $120,000 threshold. Since the beginning of this month, Bitcoin has been breaking its own record highs on a daily basis. After surpassing $118,800 on July 11, it climbed above $119,000 on the morning of July 13 (U.S. Eastern Time), continuing its sharp rise within just a few days.


"Keep Going Up, Buy More Quickly"... 'Rich Dad' Kiyosaki Urges Bitcoin Purchases Even After $120,000 Mark Robert Kiyosaki. Yahoo Finance

Analysts attribute this surge to a combination of factors: expectations of a U.S. benchmark interest rate cut, large-scale capital inflows into spot Bitcoin ETFs (Exchange-Traded Funds), and anticipation of reduced supply following the halving event. In particular, some observers note that the clear entry of institutional investors into the market signals a shift in Bitcoin's status from an "alternative asset" to a "mainstream asset."


Amid these developments, on July 13, Kiyosaki wrote on his social media account, "Bitcoin has surpassed $117,000 per coin. I will buy one more as soon as possible." He advised investors, "It has never been this easy to become rich," and urged them to "study, learn, and find out whether Bitcoin is your path to becoming a millionaire."


Kiyosaki has consistently highlighted the declining trust in the U.S. dollar and the risks of inflation for several years, repeatedly mentioning Bitcoin as a major alternative investment. However, his stance has not always been consistent. In June, he stated that he would postpone additional Bitcoin purchases until after a price crash. Nevertheless, as prices continued to rise without a downturn, he eventually proceeded with further purchases.


Kiyosaki is also well known as a prominent economic crisis theorist. He has continuously warned about the U.S. federal government's debt problem, Federal Reserve monetary policy, and overheating in global financial markets. Last year, he claimed that "all bubble assets will collapse," mentioning the possibility of bubbles not only in stocks, bonds, and real estate, but even in gold and silver. However, the U.S. stock market instead experienced a strong rally, driven by the artificial intelligence (AI) boom and expectations of interest rate cuts. While some have criticized Kiyosaki's repeated crisis warnings as "excessive pessimism," his remarks continue to wield significant influence among individual investors around the world.


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