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Author Topic: Robert Kiyosaki then predicted bitcoin to $350k  (Read 975 times)
Wind_FURY
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December 31, 2024, 06:18:55 AM
 #121

BUT that crash did give us plebs a Golden Opportunity. Cool

It did, but (far too) few understood that.


I believe that's because too few truly tried to learn how Bitcoin technically functions and how THAT could weaken/break-down political strongholds, AND how inflation and demand increases when the Central Banks around the globe expand their balance sheets. Bitcoin, like Gold or Real Estate, is a hedge against the current financial system.

Quote

The "traders" lost money, the HODLers are currently in profit. Cool

The traders know how to cut loses. The "traders" don't.
Of course, HODLing is the easiest, as long as one learn patience and doesn't lose his mind when the price goes from low to lower. This is very difficult to bear in the first crypto winter after one buys in.

That's definitely why Buying and HODLing is a more superior strategy for investing in Bitcoin than "Trading". Cool

Indeed, for most, HODLing is the right strategy.


If a pleb can't outperform Bitcoin, which 90% of plebs CAN'T - Buy the DIP, and HODL.

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hero_the_bossman
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December 31, 2024, 11:13:07 AM
 #122

BUT that crash did give us plebs a Golden Opportunity. Cool

It did, but (far too) few understood that.


I believe that's because too few truly tried to learn how Bitcoin technically functions and how THAT could weaken/break-down political strongholds, AND how inflation and demand increases when the Central Banks around the globe expand their balance sheets. Bitcoin, like Gold or Real Estate, is a hedge against the current financial system.

Most see the price down on anything and think of it as the end of the world.
We, on the other hand, know what's coming afterward in 2025.
  Cool
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January 01, 2025, 06:09:38 AM
 #123

BUT that crash did give us plebs a Golden Opportunity. Cool

It did, but (far too) few understood that.


I believe that's because too few truly tried to learn how Bitcoin technically functions and how THAT could weaken/break-down political strongholds, AND how inflation and demand increases when the Central Banks around the globe expand their balance sheets. Bitcoin, like Gold or Real Estate, is a hedge against the current financial system.

Most see the price down on anything and think of it as the end of the world.
We, on the other hand, know what's coming afterward in 2025.
  Cool


Because for those "investors" who see Bitcoin merely for its price, and merely as an asset to simply buy or sell without any importance politically, socially, and technologically, THEN those "investors" will be making their decisions because of price movement.

THAT lack of understanding about Bitcoin will absolutely cause stress, anxiety and mental instability, AND might make them sell their Bitcoin earlier than if they studied and truly understood Bitcoin.

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January 01, 2025, 09:11:48 AM
 #124

A person can predict any price based on his beliefs. As Robert Kiyosaki did. I do not view his price prediction negatively at all. He also made a prediction without any information like us. However, I do not think that his price prediction is likely to come true. We will definitely see a price of $350k but it is impossible to say whether it will be possible in 2025 or not. From the current price, Bitcoin will have to pump about 350% (3.5x) or more to reach $350k. Currently, we are at $93k and ATH is $108k. If we consider the price of $350k taking into account the ATH, then Bitcoin will have to increase its price by another $242k. Is it possible for Bitcoin to increase its price to $242k in a 1-year period? However, I think Bitcoin will be able to exceed $150k in 2025 or there may be a possibility of seeing a price of $200k.

I'm not worried about Robert's prediction or being overly optimistic about Bitcoin. Because the hope of hitting the $350k milestone in a year's time is more likely to disappoint me. $200k would be enough for me, but I'm not planning to sell right now.

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January 01, 2025, 06:51:13 PM
 #125

Yesterday was passing through and reading some interesting news on twitter (x) I came across the tweet of Robert Kiyosaki, the Author of "Rich Dad Poor Dad" tweeting his concerns about bitcoin to hit $350k by 2025.



I want to know, is this tweet specifically for his interest as he is already holding or what?
Let discuss why he though that amount is possible next year. But then another respond to his tweet got my attention which i also needs to show here.



Do you think we have another bitcoin critic?
This is interesting Robert Kiyosaki's price prediction is certainly ambitious.  While he's a well-known figure, it's crucial to remember that he's not a Bitcoin expert, and his predictions should be treated with healthy skepticism.  His statement lacks specific reasoning, making it hard to assess the validity of his $350k target.  He might be basing it on general market bullishness, inflation fears, or perhaps even just trying to generate attention.
The mention of another responding Bitcoin critic is equally important.  We need to see that response to assess their arguments.  Without the content of their criticism, it's impossible to judge its merit.  Many Bitcoin critics cite volatility, regulatory uncertainty, or environmental concerns as reasons for their skepticism.  These are valid concerns, but they don't necessarily negate Bitcoin's potential for long-term growth.
Ultimately, a $350k Bitcoin price by 2025 is a bold prediction. It's important to do your own research, consider multiple perspectives, and not rely on any single individual's opinion, no matter how influential they may seem.  Analyzing on chain metrics and adoption rates

Bitcoin
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January 02, 2025, 09:06:51 AM
 #126

A person can predict any price based on his beliefs. As Robert Kiyosaki did. I do not view his price prediction negatively at all. He also made a prediction without any information like us. However, I do not think that his price prediction is likely to come true. We will definitely see a price of $350k but it is impossible to say whether it will be possible in 2025 or not. From the current price, Bitcoin will have to pump about 350% (3.5x) or more to reach $350k. Currently, we are at $93k and ATH is $108k. If we consider the price of $350k taking into account the ATH, then Bitcoin will have to increase its price by another $242k. Is it possible for Bitcoin to increase its price to $242k in a 1-year period? However, I think Bitcoin will be able to exceed $150k in 2025 or there may be a possibility of seeing a price of $200k.

I'm not worried about Robert's prediction or being overly optimistic about Bitcoin. Because the hope of hitting the $350k milestone in a year's time is more likely to disappoint me. $200k would be enough for me, but I'm not planning to sell right now.


But Robert Kiyosaki is a mere book seller. He is making a bullish prediction to get a more positive reputation so he can sell plebs like us more books.

Although, his predictions might be right, the reasons behind him making those predictions brings out the cynicism in me.

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January 02, 2025, 09:35:23 AM
 #127

But Robert Kiyosaki is a mere book seller. He is making a bullish prediction to get a more positive reputation so he can sell plebs like us more books.

Although, his predictions might be right, the reasons behind him making those predictions brings out the cynicism in me.

It's a fuzz made to be fuzzy for the people around it.
Everybody does that if they have a community / much of the people that would hear / listen such a thing and follow suit.
Bullish news are there to spike new people's minds up.
 Wink

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January 02, 2025, 09:55:20 AM
 #128

It's a fuzz made to be fuzzy for the people around it.
Everybody does that if they have a community / much of the people that would hear / listen such a thing and follow suit.
Bullish news are there to spike new people's minds up.
 Wink
Or in other words, we can say that he's just using his platform to tell his followers what they really want to hear. People study their audience and feed them with what they are hungry for, even when they don't like the idea or have backup to what they are saying. As long as it interests their audience, it will keep them, and they will voice it out. 
 
With the recent development around Bitcoin and the big entities eyeing Bitcoin, it's likely possible that $350k can be reached, but when that will happen is what we can't completely be certain about, just like every other price speculation on Bitcoin.
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January 03, 2025, 07:49:45 AM
 #129

But Robert Kiyosaki is a mere book seller. He is making a bullish prediction to get a more positive reputation so he can sell plebs like us more books.

Although, his predictions might be right, the reasons behind him making those predictions brings out the cynicism in me.


It's a fuzz made to be fuzzy for the people around it.
Everybody does that if they have a community / much of the people that would hear / listen such a thing and follow suit.

Bullish news are there to spike new people's minds up.
 Wink


Haha. I believe you're posting that if he's using us to promote his investment books, then we should also enjoy the fact that Bitcoin could also be using his popularity to make more people aware of the fact that Bitcoin exists?

 👍

That's actually not a bad situation, ser. It's give and take, not take and take or give and give. Cool

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fikrett
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January 03, 2025, 07:52:44 AM
 #130

Haha. I believe you're posting that if he's using us to promote his investment books, then we should also enjoy the fact that Bitcoin could also be using his popularity to make more people aware of the fact that Bitcoin exists?

 👍

That's actually not a bad situation, ser. It's give and take, not take and take or give and give. Cool

I do agree with you.
Bitcoin is winning either way, and that's the greatest thing about it. Hard to make things worse with it.

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January 04, 2025, 09:55:54 AM
 #131

Haha. I believe you're posting that if he's using us to promote his investment books, then we should also enjoy the fact that Bitcoin could also be using his popularity to make more people aware of the fact that Bitcoin exists?

 👍

That's actually not a bad situation, ser. It's give and take, not take and take or give and give. Cool

I do agree with you.
Bitcoin is winning either way, and that's the greatest thing about it. Hard to make things worse with it.


It's simply Bitcoin's network effects. Although during the start, some people like me might not like it, but it's simply just the way how our world was built. And when truly understood, there's actually no reason for plebs like us to get mad or criticize someone who merely wants to be incentivized because in some way, we are also doing something the same too.

We simply need to Buy the DIP, and HODL, and let everyone else do what they want.

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January 09, 2025, 11:53:06 AM
 #132

And this is Robert's latest posts,



https://x.com/theRealKiyosaki/status/1876878184601338270

It makes sense though for smart investor to see this dip as something that we can take advantage of. As compare to the majority who might be afraid because the price is falling. So for others, this might be the best time to buy again just like what Saylor, El Salvador and other big whales are doing in this dip.

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January 09, 2025, 10:27:17 PM
 #133

It makes sense though for smart investor to see this dip as something that we can take advantage of. As compare to the majority who might be afraid because the price is falling. So for others, this might be the best time to buy again just like what Saylor, El Salvador and other big whales are doing in this dip.
When the price is dropping while some short-term holders are complaining of losing money due to the time they entered the market, long-term holders and big investors see it as an opportunity to take advantage of the situation and buy bitcoin cheaper before the price rises above what it fell down to. A price drop in bitcoin after a little pump is something we should all get used to; for those who have enough spare money to buy with, now is the time for them to do that.

.
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January 10, 2025, 09:57:24 AM
 #134

And this is Robert's latest posts,



https://x.com/theRealKiyosaki/status/1876878184601338270

It makes sense though for smart investor to see this dip as something that we can take advantage of. As compare to the majority who might be afraid because the price is falling. So for others, this might be the best time to buy again just like what Saylor, El Salvador and other big whales are doing in this dip.

We need to do it because we understand it ourselves.
Sure, people like him spike things up for the newbies and those who see Bitcoin like this - a magic wand - of sorts, but we, on the other hand, would do it simply because we know the potential Bitcoin holds.

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January 10, 2025, 11:57:32 AM
 #135

It makes sense though for smart investor to see this dip as something that we can take advantage of. As compare to the majority who might be afraid because the price is falling. So for others, this might be the best time to buy again just like what Saylor, El Salvador and other big whales are doing in this dip.
When the price is dropping while some short-term holders are complaining of losing money due to the time they entered the market, long-term holders and big investors see it as an opportunity to take advantage of the situation and buy bitcoin cheaper before the price rises above what it fell down to. A price drop in bitcoin after a little pump is something we should all get used to; for those who have enough spare money to buy with, now is the time for them to do that.

If you are a short term holder, then why not go and become a full fledge long term holder so that you won't complain? And what Robert says is just what we all have been doing in years already, buy low, and then sell high. This has been preach to us so there are not surprised that even the best of them are using this old formula as it is very effective.

Right now we have seen like $92k as the lowest price, and then it bounce back to $95k. So this kind of short burst could also be taken advantage by short term speculators to squeeze a quick profit. But then for the majority, we are in for the long haul and we won't sell till at least we see what the bull run price will be or the top price this 2025. And just imagine Robert's prediction of $350k, for now it's seem absurd, but this market is full of surprises.

.
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January 10, 2025, 12:05:28 PM
 #136

If you are a short term holder, then why not go and become a full fledge long term holder so that you won't complain? And what Robert says is just what we all have been doing in years already, buy low, and then sell high. This has been preach to us so there are not surprised that even the best of them are using this old formula as it is very effective.

Right now we have seen like $92k as the lowest price, and then it bounce back to $95k. So this kind of short burst could also be taken advantage by short term speculators to squeeze a quick profit. But then for the majority, we are in for the long haul and we won't sell till at least we see what the bull run price will be or the top price this 2025. And just imagine Robert's prediction of $350k, for now it's seem absurd, but this market is full of surprises.

The prediction is just to make weak minds FOMO.
Those who are on the market long enough create their own opportunities from such situations and news.
 Wink
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January 10, 2025, 05:43:00 PM
Merited by Zigabel (1)
 #137

It makes sense though for smart investor to see this dip as something that we can take advantage of. As compare to the majority who might be afraid because the price is falling. So for others, this might be the best time to buy again just like what Saylor, El Salvador and other big whales are doing in this dip.
When the price is dropping while some short-term holders are complaining of losing money due to the time they entered the market, long-term holders and big investors see it as an opportunity to take advantage of the situation and buy bitcoin cheaper before the price rises above what it fell down to. A price drop in bitcoin after a little pump is something we should all get used to; for those who have enough spare money to buy with, now is the time for them to do that.

If you are a short term holder, then why not go and become a full fledge long term holder so that you won't complain? And what Robert says is just what we all have been doing in years already, buy low, and then sell high. This has been preach to us so there are not surprised that even the best of them are using this old formula as it is very effective.

Right now we have seen like $92k as the lowest price, and then it bounce back to $95k. So this kind of short burst could also be taken advantage by short term speculators to squeeze a quick profit. But then for the majority, we are in for the long haul and we won't sell till at least we see what the bull run price will be or the top price this 2025. And just imagine Robert's prediction of $350k, for now it's seem absurd, but this market is full of surprises.
Sometimes seeing most of these influencers predicting the price of Bitcoin make me wonder maybe their prediction is based on short term or long term. Maybe scalpers and short term holders in the market will not really understand what this prediction actually entails. This is not absolutely for the present time but I see a sense in it in the nearest future.

I don't mostly cast predictions like this one because it has different perspectives we can see it from. It is quite sure that the price of Bitcoin is going to hit such price soon and we should get ready for what to come after. The scalpers in the market can continue making profits from short term movement but it's certain that the long term holders are going to benefit more.

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January 10, 2025, 11:57:22 PM
 #138

It makes sense though for smart investor to see this dip as something that we can take advantage of. As compare to the majority who might be afraid because the price is falling. So for others, this might be the best time to buy again just like what Saylor, El Salvador and other big whales are doing in this dip.
When the price is dropping while some short-term holders are complaining of losing money due to the time they entered the market, long-term holders and big investors see it as an opportunity to take advantage of the situation and buy bitcoin cheaper before the price rises above what it fell down to. A price drop in bitcoin after a little pump is something we should all get used to; for those who have enough spare money to buy with, now is the time for them to do that.

If you have the means and other sources of income, you won't worry much about the up and down movement of this market. You are looking at a certain period before cashing out. So this is not for investors who have limited source of income because the market is still very volatile and it can ruin your finances if you make a mistake in managing your investments.

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January 11, 2025, 04:30:07 AM
 #139

It makes sense though for smart investor to see this dip as something that we can take advantage of. As compare to the majority who might be afraid because the price is falling. So for others, this might be the best time to buy again just like what Saylor, El Salvador and other big whales are doing in this dip.
When the price is dropping while some short-term holders are complaining of losing money due to the time they entered the market, long-term holders and big investors see it as an opportunity to take advantage of the situation and buy bitcoin cheaper before the price rises above what it fell down to. A price drop in bitcoin after a little pump is something we should all get used to; for those who have enough spare money to buy with, now is the time for them to do that.
That is the main difference between someone who actually understands and appreciates bitcoin and someone who is in just with the hope to make some quick gains and then quit. You lose money only if you actually sell at loss, if you hold then 1 BTC = 1 BTC, that's it, you're not losing anything in that case. But bitcoin is not supposed to be for everybody.

 
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January 11, 2025, 09:15:45 AM
 #140

Right now we have seen like $92k as the lowest price, and then it bounce back to $95k. So this kind of short burst could also be taken advantage by short term speculators to squeeze a quick profit. But then for the majority, we are in for the long haul and we won't sell till at least we see what the bull run price will be or the top price this 2025. And just imagine Robert's prediction of $350k, for now it's seem absurd, but this market is full of surprises.
The prediction is just to make weak minds FOMO.
Those who are on the market long enough create their own opportunities from such situations and news.
 Wink
In every type of news or happening that we experience in the market, there is a set of people who are benefiting from every bit of it. Those are the people who understand the market and know how to take advantage of it. 
 
People who I pity are those who easily fall into the victim of selling cheap each time that there's a fuds caused in the market, and price drops down, they sell cheap, given those who are buying to buy cheaper from them, secure it, and wait for the market to recover, and they will be rest assured of profit even before the full season will take place.
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