Robert Kiyosaki advises investors to watch Bitcoin halving

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Robert Kiyosaki, author of the famous book “Rich Dad, Poor Dad,” advised investors to pay close attention to the upcoming Bitcoin halving, stressing that the event is imminent. The famous author recently revealed that he’s $1 billion in debt, but he doesn’t think it’s his problem.

Robert Kiyosaki advises investors to watch Bitcoin halving

Robert Kiyosaki, author of “Rich Dad Poor Dad,” emphasized that the upcoming Bitcoin halving in April is an important event that investors should pay attention to.

In an article published on social media platform X Wednesday, the renowned author explained that one factor that affects the financial well-being of the poor and middle class is their social circle.

“If you want to be rich, you have to have friends who are rich, or at least friends who want to be rich.”

Kiyosaki ended his post with news about the upcoming Bitcoin halving.

“The Bitcoin halving is coming. Watch out for Bitcoin halvings, gold and silver in January, February and March.”

Kiyosaki has long recommended investing in gold, silver and Bitcoin. On November 30, he said in an Instagram video that he was more than $1 billion in debt but did not think it was his problem.

“It’s not my problem,” he said, stressing: “If I go bankrupt, the bank goes bankrupt.”

The famous author explained that he used debt to buy assets, while most people use debt to buy debt.

“I drive a Ferrari and guess what, it’s 100% paid off because it’s a debt. I drive a Rolls-Royce; it’s 100% paid off because it’s a debt. I take it Debt is used as money, and I don’t save cash because dollars became debt in 1971,” Kiyosaki explained. “All the money I made was converted into silver and gold. Soon this was going to be a big problem and that’s why I own Bitcoin and also because I don’t believe in the damn dollar.”

The upcoming Bitcoin halving and the possibility of the U.S. Securities and Exchange Commission (SEC) approving a Bitcoin spot exchange-traded fund (ETF) have fueled predictions of rising Bitcoin prices. Microstrategy executive chairman Michael Saylor predicts demand will double after the halving. An analyst said last August that the Bitcoin halving could push BTC prices to $400,000. Other price predictions include Pantera Capital’s forecast of $148,000 and Fundstrat’s forecast of $180,000.