American author and financial educator Robert Kiyosaki recently expressed his support for a $2.3 million per Bitcoin (BTC) prediction made by Cathie Wood’s asset management firm Ark Invest. Kiyosaki believes in Wood’s predictions because he values her opinion, recognizes her intelligence, and sees the potential for BTC to reach such heights under certain circumstances.
In February, Ark Invest published a research report detailing the impact of institutional investments and allocations from the global $250 trillion investable asset base on Bitcoin’s price. According to the report, a mere 1% allocation from this vast asset base could drive BTC’s value up to $120,000. Moreover, a larger 19.4% allocation could propel the cryptocurrency to an astounding $2.3 million.
While Kiyosaki agrees with Ark’s projections, he acknowledges the possibility of the firm’s analysis being incorrect. Nonetheless, Kiyosaki emphasizes the importance of individual BTC ownership and personal beliefs regarding the digital asset. Whether Ark’s forecasts come to fruition or not, Kiyosaki asserts that owning at least some BTC can lead to a more informed, intelligent, and enlightened perspective on financial matters.
Kiyosaki encourages his followers to embrace risk-taking and make bold choices when it comes to investing in BTC. He emphasizes that true success comes from learning from mistakes and growing from them, rather than avoiding errors altogether. By taking calculated risks and stepping out of one’s comfort zone, individuals can expand their knowledge and potentially enhance their financial well-being.
While Wood predicts that BTC will reach $1.5 million by 2030, the prospect of Bitcoin hitting $2.3 million seems increasingly likely. Kiyosaki, along with other financial experts, believes in the long-term potential of Bitcoin as a valuable asset that could continue to appreciate significantly in the years to come. As the cryptocurrency market evolves and adapts to changing economic conditions, BTC’s upward trajectory appears to be a matter of “when” rather than “if.”