- Renowned investor and author of “Rich Dad Poor Dad,” Robert Kiyosaki, has been vocal about his mistrust of the traditional banking system and fiat currency.
- Kiyosaki’s interest in alternative investment vehicles, especially cryptocurrencies, is well-documented.
- He often criticizes those who are skeptical of crypto investments, calling out the banking sector as “corrupt” and vulnerable to financial crises.
Discover why Robert Kiyosaki champions cryptocurrencies over traditional finance and which digital assets he is banking on for the future financial landscape.
Robert Kiyosaki’s Top Crypto Picks Revealed
Among Kiyosaki’s preferred cryptocurrencies, Solana (SOL) stands out prominently. His endorsement of Solana early in 2022 has proven beneficial for investors, yielding an impressive return of about 80% by the end of May. Currently, Solana is priced at $142.84, despite a recent month-long decline of 15.74%. Notably, Solana has appreciated by 40.96% since the start of the year.
Ethereum: A Mainstay in Kiyosaki’s Portfolio
Another significant asset in Kiyosaki’s portfolio is Ethereum (ETH). Earlier this year, Kiyosaki declared his purchase of Ethereum, stressing his stance on the “phony” nature of traditional money. Following the approval of Ethereum’s spot ETF, its popularity surged. Ethereum is currently trading at $2,613.20 and has seen a 24.93% decline over the past month, though it has risen by 14.62% so far this year.
Bitcoin: The Future Currency
Kiyosaki also backs Bitcoin (BTC), which he predicts could reach $300,000 per unit by 2024. At present, Bitcoin is valued at $58,470, having dropped 1.80% in the last 24 hours but increased by 38.53% since the beginning of the year. Despite Bitcoin Rainbow Chart forecasts suggesting a peak price of $187,000 by early 2025, Kiyosaki remains bullish on Bitcoin’s potential.
Conclusion
Robert Kiyosaki’s advocacy for cryptocurrencies underscores his distrust in conventional financial systems. His investment choices in Solana, Ethereum, and Bitcoin highlight potential high-reward opportunities but come with inherent risks. As always, Kiyosaki advises thorough research and awareness of market dynamics before committing to crypto investments.
