Rich Dad Poor Dad Author Reveals at What Price He Bought 30 BTC

American businessman and author of Rich Dad Poor Dad Robert Kiyosaki revealed that he made his first purchase of Bitcoin (BTC) when the asset was worth $6,000 due to the encouragement of Raoul Ball, the former CEO of Goldman Sachs.

According to Kiyosaki, his first purchase of 30 bitcoins has yielded significant returns over the years, so he is Believes Pal predicts that the cryptocurrency will soon reach banana territory.

Banana area forecast

Last week, pal discussion Banana Zone with cryptocurrency trader Scott Melker on the latter’s YouTube channel. For the uninitiated, the banana zone, a term coined by Pal, refers to a period of sustained upward price movement in the financial market.

Pal believes that banana territory is coming for the cryptocurrency market despite the bloodshed that has seen digital assets lose large chunks of their value. During the interview with Milker, Pal predicted that the uptrend will likely occur toward the end of the year as crypto assets historically tend to rise during the final quarters of presidential election years.

The former Goldman Sachs CEO said that it doesn’t matter if it takes weeks or months for assets like BTC, Ether (ETH), and Solana (SOL) to break their all-time highs; The important thing is that they will accelerate.

Kiyosaki said in his tweet that he believed Pal knew what he was talking about because of his professional experience as a senior executive at Goldman Sachs. Additionally, Pal recommended starting his investment in Bitcoin.

“Because of his encouragement, I bought 30 bitcoins at $6,000. Today the price of the bitcoins themselves is around $60,000, and I have continued to buy more bitcoins every month. Thanks to Raul’s YouTube lessons. I understand why bitcoin has entered banana territory,” Kiyosaki said. .

Kiyosaki buys the dip

Kiyosaki also reiterated his warnings about Bitcoin being the people’s money or “rules-based money” and fiat currencies being the government’s money or “debt-based money.” He urged his followers to hoard rules-based money like Bitcoin because one makes investors richer, while the other makes them poorer.

“Hang in there while Bitcoin surges into banana territory,” he added.

Meanwhile, Kiyosaki revealed two days ago that he is waiting to buy Bitcoin’s dip. He advised people who are terrified of market collapses to sell their assets and hold on to their jobs.