Although popular investor, entrepreneur and author of the bestselling personal finance book “Rich Dad Poor Dad,” Robert Kiyosaki, continues to warn against fiat currencies and traditional banks, he has made no secret of his inclination towards more alternative forms of investment, including cryptocurrencies.
Indeed, Kiyosaki has long been opposed to storing savings in banks, viewing the banking system as “corrupt” and prone to financial panics, and has expressed growing frustration with people's reluctance to invest in cryptocurrencies, highlighting his own interest in three specific digital assets.
#1 Solana (SOL)
One of Kiyosaki's favorite assets in the cryptocurrency market is Solana (SOL), which he has been recommending since early 2022. Finvold concluded in late May that investors who followed Kiyosaki's advice and bought what is now the fifth-largest cryptocurrency by market cap would have been 80% richer.
Will Smith slaps Chris Rock at the Oscars. Biden slaps Putin on the world stage. Toxic masculinity. The world is in crisis. National debt is through the roof. Biden causes inflation and blames Putin. The dollar is on the verge of collapse. Buy more gold, silver, Bitcoin, Ethereum, and Solana before WW3.
— Robert Kiyosaki (@theRealKiyosaki) March 29, 2022
Currently, Solana is priced at $142.84, up 0.47% in a day, down 0.91% in a week, and down 15.74% in a month, but up 40.96% this year. So how high can Solana go? According to the Solana Price Prediction 2025 from Meta Platforms' (NASDAQ: META) artificial intelligence (AI) model, it could go anywhere between $120 and $600.
Solana price year-to-date (YTD) chart. Source: Finbold
#2 Ethereum (ETH)
Meanwhile, Ethereum (ETH) has also caught Kiyosaki's attention, with him stating that he bought Ethereum earlier this year because he believes “our money is fake.” Additionally, the approval of an Ethereum spot exchange-traded fund (ETF) is one of the most significant events for the industry, making Ethereum more attractive.
You need $100,000 in eth to buy a house in Los Angeles.
— Nakamoto Shibetoshi (@BillyM2k) May 21, 2024
Additionally, Dogecoin (DOGE) co-founder Billy Markus’ prediction of a $100,000 Ethereum price reflects the broader industry enthusiasm for the world’s second-largest cryptocurrency. Meanwhile, ETH is trading at $2,613.20, down 0.15% from the previous day and up 1.10% on the weekly chart, down 24.93% over the past month but up 14.62% this year.
Ethereum price year-to-date (YTD) chart. Source: Finbold
#3 Bitcoin (BTC)
Finally, regarding Bitcoin (BTC), the flagship asset in decentralized finance (DeFi), Kiyosaki has expressed the view that Bitcoin represents the future of money, which is reflected in his prediction of a Bitcoin price of $300,000 this year, although his Bitcoin forecast on the rainbow chart shows a best-case scenario of $187,000 by early 2025.
Bitcoin is soaring. The biggest mistake you can make is to procrastinate. It's important to get started even with just $500. The next target is $300,000 per Bitcoin in 2024.
— Robert Kiyosaki (@theRealKiyosaki) March 6, 2024
At the moment, Bitcoin is trading at $58,470, down 1.80% in the past 24 hours and up 0.77% in the past seven days, with the monthly chart showing a cumulative loss of 12.08%, but up 38.53% year-to-date (YTD) based on data from August 19.
Bitcoin price year-to-date (YTD) chart. Source: Finbold
Robert Kiyosaki's Twitter Lessons
All things considered, the above cryptocurrencies have contributed to Robert Kiyosaki’s net worth, which the financial educator himself has taken the time to verify, frequently praising cryptocurrencies on his profile on social media platform X (formerly Twitter) as well as on his YouTube podcast, “The Rich Dad Channel.”
However, as a seasoned investor, Kiyosaki is well aware of all the risks involved in this endeavor, which is why it's important to do your own due diligence, conduct detailed research, stay up to date on related news, and understand these risks before putting significant money into any asset.
Disclaimer: The content of this site is not investment advice. Investing is speculative and your capital is at risk when investing.
