Robert Kiyosaki and Binance Founder Share Advice on Buying Bitcoin Amid FOMO
Highlights
- Robert Kiyosaki and Changpeng ‘CZ’ Zhao have hinted at buying BTC again.
- Previously, they teased purchasing Bitcoin tokens when prices were low, signaling BTC availability at a discount.
- Bitcoin prices have surged by 2.31% to above $97K in the last 24 hours.
Robert Kiyosaki and Changpeng ‘CZ’ Zhao, two influential figures in the crypto world, have shared their thoughts on Bitcoin in a recent post on X. In the post, they expressed their strong support for BTC and emphasized their intention to seize the current opportunity to accumulate more. Their comments have stirred excitement among Bitcoin enthusiasts and investors.
Their advice and endorsement have contributed to a surge in Bitcoin prices, which saw a notable increase in the last 24 hours. The two crypto leaders’ public support has fueled renewed interest in Bitcoin, prompting many to consider it a prime investment opportunity at this stage.
Kiyosaki and Zhao’s statements have sparked further optimism about Bitcoin’s potential, encouraging both retail and institutional investors to take a closer look at the cryptocurrency. With BTC prices rising, their influence in the space continues to play a significant role in shaping market sentiment.
Robert Kiyosaki and Binance Founder CZ Share Views on Bitcoin
Robert Kiyosaki, author of Rich Dad Poor Dad, took to X to express his strong support for Bitcoin. He highlighted that buying Bitcoin is the easiest way to achieve wealth, suggesting that anyone can start by purchasing ‘one Satoshi’ for the long term. Kiyosaki concluded his post by claiming that only those who fail to get rich with Bitcoin are foolish.
Binance Founder Changpeng ‘CZ’ Zhao also shared his support for Bitcoin in a post on X. He acknowledged the widespread FOMO (fear of missing out) surrounding Bitcoin but cautioned that actions should be taken responsibly. Through his post, CZ not only teased buying BTC at its lower price but also emphasized the need for caution, given the volatile nature of cryptocurrencies like Bitcoin.
Effect on BTC Price
BTC price has surged more than 2% in the last 24 hours, now trading above $97K. This marks a 126.87% increase over the past year. The price has been steadily rising throughout the day, starting at $94,823.5.
This has sparked speculation that BTC prices will continue to rise in the coming days, particularly as Donald Trump nears taking office as U.S. President. The lower-than-expected PPI data on Tuesday further fueled this optimism. BTC is estimated to grow by 26.38% over the next 30 days, with a volatility of 3.53% and an FGI of 63 points. Data from Coinglass shows that Bitcoin has gained bullish sentiment, driven by increased demand in the derivatives market.
Previous Support for Bitcoin
This is not the first time Changpeng ‘CZ’ Zhao and Robert Kiyosaki have publicly expressed their support for Bitcoin. On Tuesday, Binance Founder hinted at buying BTC on dips, coinciding with expectations that Donald Trump would sign key crypto executive orders early in his presidency. At that time, CZ compared the opportunity to Bitcoin’s early days, when the token was gaining traction and its prices were beginning to build momentum on the price chart.
Similarly, Robert Kiyosaki previously referred to Bitcoin’s crash as “great news,” stressing that he would keep buying Bitcoin because a price drop presented an opportunity to purchase the token at a discount.
Meanwhile, JPMorgan has weighed in on Solana and XRP ETFs, suggesting that both could attract $15 billion in inflows within their first year. This potential has supported the broader adoption of cryptocurrencies, contributing to the ongoing price surge of BTC.
