Robert Kiyosaki, author of the renowned personal finance book "Rich Dad, Poor Dad," entrepreneur, and investor, made a bold prediction regarding the price of Bitcoin in 2026, stating that the coin could reach $250,000.
Predictions amid an Economic Recession
Kiyosaki claims that the global economy is facing a downturn, and he is preparing for the coming shocks by accumulating "real money." In his statement, he noted:
"A crash is coming: here's why I'm buying, not selling. Gold will be $27,000 by 2026, silver $100, and Bitcoin $250,000. The first cryptocurrency serves as a hedge against the US Federal Reserve's fiat money."
Ethereum and Stablecoins
Furthermore, Kiyosaki expressed confidence in the growth of the second-largest cryptocurrency by market capitalization, Ethereum. He noted that Ethereum powers almost all stablecoins, giving this altcoin a significant advantage in the global financial system.
Criticism of Financial Institutions
The entrepreneur also criticized the US Treasury Department and the Federal Reserve for "printing counterfeit money" to cover mounting liabilities, calling the US "the largest debtor in history." He urged his readers to invest in real assets even during market corrections and to be prepared for sharp price fluctuations, which are inevitable amid global economic instability.
Long-Term Investment Strategy
Kiyosaki believes that long-term investors should use periods of price declines to accumulate positions in assets that can preserve capital value, such as Bitcoin, gold, and silver. He emphasizes the importance of a strategic approach to investing in times of economic uncertainty.
Educational Activities
Robert Kiyosaki is the founder of the Rich Dad Company, a private company offering personal finance and business coaching. He also launched the Cashflow game and maintains a blog and a monthly column on Yahoo Finance, where he shares his opinions on the global economy, business, markets, and personal finance.
Kiyosaki previously named Rao Cash (RAO) the best asset to invest in right now, other than silver.