Robert Kiyosaki, an American writer and finance instructor, has expressed his support for Ark Invest’s forecast that one Bitcoin (BTC) could be worth $2.3 million.
Based on his tweet, Kiyosaki holds faith in Wood’s predictions due to her intelligence and the possibility of Bitcoin reaching such value under favorable conditions, making him trust her judgment.
Ark Invest’s Million Dollar BTC Forecast
In February, Ark Invest published a study outlining how investments and distributions from the world’s total $250 trillion investment pool could impact Bitcoin’s price.
An investment manager shared that if just 1% of the $250 trillion global investable assets were allocated to Bitcoin, its price could reach $120,000. Moreover, had investors allocated an average maximum of 4.8% from 2015 to 2023, Bitcoin’s value would have hit $550,000. With a significant investment of approximately 19.4%, the cryptocurrency could potentially surge to an astounding $2.3 million.
According to Kiyosaki, Ark’s Bitcoin predictions might be correct, but there’s a possibility their analysis may be off. The crucial point for him is the amount of Bitcoin an individual holds and their personal perspective on the digital currency.
If Ark’s predictions are accurate, Kiyosaki would regret not having purchased more Bitcoins. However, if Ark turns out to be wrong, Kiyosaki would be content with not owning any Bitcoin at all. Regardless of whether Ark is right or wrong, the author of Rich Dad Poor Dad expressed that many people would end up owning no Bitcoins.
Kiyosaki Sees Bitcoin at $2.3M
Despite Kiyosaki’s belief that Bitcoin could hit $2.3 million, he acknowledged the uncertainty surrounding such predictions, which he attributed to the courage to err and gain knowledge. In other words, he encouraged his supporters to seize the opportunity to buy a small amount of Bitcoin, regardless of whether Wood’s prediction comes true or not, as this experience would broaden their understanding and make them more informed investors.
He pointed out that schools are unique in valuing those labeled as “smart” based on their lack of errors. Contrastingly, in reality, the wealthiest and most content individuals are those who have experienced and learned from their blunders.
In the meantime, Wood firmly believes that Bitcoin will reach a value of $1.5 million by the year 2030. It’s just a question of time before Bitcoin surpasses the $2.3 million mark.
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2024-04-12 07:18