Bitcoin Halving Warrants Attention, Notes ‘Rich Dad Poor Dad’ Author

Godfrey Benjamin
January 4, 2024
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Bitcoin 'Halving'

“Rich Dad Poor Dad” author Robert Kiyosaki has called the attention of more than 2.4 million followers to the forthcoming Bitcoin halving event.

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Robert Kiyosaki Advocates Bitcoin Halving

Known as one of the most popular financial experts, Robert Kiyosaki started his admonition noting that one of the reasons why the poor remain poor is because they have poor friends and family. He said in a bid to change one’s financial fortune, it is essential to have family and friends who are rich or at best, have the prospects to get rich.

Kiyosaki’s description comes as a caution to crypto investors in light of the upcoming Bitcoin halving event. In his words, investors need to closely watch this event, particularly in January, February, and March. 

“If you want to be rich it is essential to have rich friends or at minimum friends who want to be rich. A Bitcoin halving is fast approaching.  Please pay attention to Bitcoin halving, gold, and silver in January, February, and March. Please choose your friends carefully,” he said in his post.

Robert Kiyosaki has always been a vocal advocate of Bitcoin and he has always rated the digital currency alongside other top-rated assets like gold, silver, and real estate. In his bullish calls, Kiyosaki predicts that the price of Bitcoin is likely to touch a high of $135,000 drawing on the potential impact of this Bitcoin halving event.

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BTC Halving and ETF Complement

Many crypto pundits are already foreseeing a massive jump ahead for Bitcoin this year as two significant events are potentially scheduled.

While there is a high level of certainty that the Bitcoin halving event will take place around April, leading to the slash in the reward issued to miners, the potential approval for Bitcoin ETF is unsure, despite the massive sentiment of market experts supporting the notion.

Should these two events come to reality, many believe it can trigger a massive surge in the price of Bitcoin, with Bitwise projecting an ambitious target of $80,000 this year. There are other more bullish projections surrounding the Bitcoin price and should most of these come to pass, we may see the premier coin jumping as high as $1 million by 2025 according to Stock-2-Flow (S2F) model creator, PlanB.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.