Rich Dad Poor Dad author Robert Kiyosaki has stated that bitcoin is the easiest way to become a millionaire because the cryptocurrency “does the hard work.” He contrasted this with entrepreneurship, which requires significant intelligence, dedication, and luck. “That is why I love bitcoin,” he emphasized. Bitcoin Is the Easiest Route to Millionaire Status, Robert […]
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Crypto Expert Predicts: These 8 Altcoins ‘Will Make You Rich’
In a new YouTube analysis released to his 502,000 followers, crypto strategist Miles Deutscher shared his insights on the evolving landscape of crypto investments. Deutscher’s discourse delved deep into the inefficacies of traditional venture capital (VC) investment models in the crypto space and proposed an alternative strategy focusing on certain altcoins which he believes are poised for significant growth.
Deutscher criticized the conventional VC-backed token launches, stating, “VCs get in at super low valuations […] Then, when these tokens launch, they’re incentivized to launch them as high as possible in fully diluted valuation terms.” This practice, he argued, results in launch prices that are too steep, blocking effective price discovery mechanisms essential for healthy market participation by retail investors.The subsequent overvaluation typically leads to rapid price declines as initial investors quickly sell off their holdings to realize gains.
Highlighting a shift in market dynamics, Deutscher pointed out that meme coins have gained popularity as a form of retaliation against the VC-dominated ecosystem. “People do feel like the game has been rigged and they want to gain an edge,” he explained. According to him, the success of meme coins can be attributed to their generally fairer launch processes compared to traditional VC-funded tokens.
To 8 Altcoins To Buy Now
Throughout his video, Deutscher listed eight altcoins that align with this new investment “meta,” emphasizing tokens that are “fully diluted and have equally good narratives.” Each coin is selected based on its tokenomics, Fully Diluted Valuation” (FDV), market position, and potential for growth without significant sell pressure from initial large holders:
Solana (SOL): Deutscher views Solana as a leader due to its technological prowess and significant community backing. It has shown resilience and innovation, making it one of his largest holdings due to consistent outperformance. “Solana has climbed to be one of my biggest holdings due to its outperformance. It’s a leader in the market for a reason, and congrats to everyone that’s gotten on board the Solana train with me.”
Ton (TON): TON’s attractive FDV ratio suggests a stable market entry with less speculative risk compared to other high-valuation launches. Deutscher highlights its potential for growth without overwhelming sell pressure. He stated: “TON, being another layer one, is not just another blockchain. Okay, it’s relatively highly valued, but it’s mostly diluted in the market, which is good. Its FDV ratio is actually 68, so it’s a stable investment.”
NEAR Protocol (NEAR): NEAR is emphasized as a strong AI proxy due to its technological foundation and leadership. Its high level of dilution (91% FDV) means most tokens are in circulation, reducing sell pressure. “NEAR comes in at a whopping 91% fully diluted, which means there isn’t much sell pressure. I do think NEAR is one of the top L1s, especially acting as a very strong AI proxy because the founder has his roots in AI,” Deutscher remarked.
Injective Protocol (INJ): With a 94% market cap to FDV ratio, INJ is seen as having robust market health and less price suppression from unlocks. Deutscher believes it is poised for resurgence based on its strong fundamentals and recent market behaviors. “Injective has a 94% market cap to FDV ratio, which is really impressive and is one that outperformed earlier in the year but has just started to stagnate a bit. I think at some point, this is definitely going to rear its head again as a narrative,” he stated.
Arweave (AR): Deutscher praises Arweave as one of the top infrastructure plays, not just for data storage but also for its potential integration with AI. The fact that it’s fully diluted means minimal sell pressure moving forward. “Arweave positions itself as one of the top infrastructure plays. It’s still not a crazy FDV at 3.1, considering it has a 100% circulating market cap, which means all of the unlocks have taken place.”
AIOZ Network (AIOZ): AIOZ fits into the AI and decentralized content narrative with its unique offering in decentralized streaming and storage solutions. The fully diluted status of AIOZ tokens makes them particularly appealing.”AIOZ is another coin that is fully diluted in the market. It’s a coin in the deep tech/AI sector. I like what they’re building and it also includes decentralized storage, but also it’s decentralized AI compute network,” Deutscher explained.
WIF: Dogwifhat’s fair launch process and full dilution are major pluses, helping it to achieve strong price performance without the usual VC-induced sell pressure, according to Deutscher.
PEPE: Deutscher has personally seen substantial returns from Pepe, noting its recent “healthy cool off” as an opportune time for accumulation. The coin’s community-driven approach and meme status offer unique market resilience. “Pepe is another leading meme coin in my opinion. Very healthy cool off and one that I’m welcoming as someone that would like to get more exposure,” he revealed.
High Potential Cryptos With Low Float, High FDV
Deutscher also discussed the potential of investing in low float, high FDV tokens under specific conditions. Using Ondo Finance (ONDO) as a case study, he detailed how a deep understanding of tokenomics could reveal hidden opportunities. “ONDO’s vesting schedule is public, showing that most insiders are locked till 2025, minimizing sell pressure and allowing for price appreciation,” he noted.
Concluding his analysis, Deutscher urged his viewers to adopt a nuanced investment strategy that leverages both market trends and in-depth token analysis. He emphasized the importance of buying during periods of “extreme fear” and selling during “extreme greed” to maximize returns.
At press time, SOL traded at 3.33.
Rich Dad Poor Dad Author Robert Kiyosaki Declares US Economy in a Depression
Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning that the U.S. economy is currently in a depression. He points to the subpar economic growth, with a 3.4% increase in GDP for Q4 2023 and a 1.6% rise in Q1 2024 as clear indicators. Kiyosaki asserts that a soft landing for the […]
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Arkham Releases Top 5 Crypto Rich List – You Won’t Believe How Much Is Inaccessible
Arkham Intelligence, an industry leader in on-chain data tracking, has released a list of the richest people in crypto according to their wallet balances. This list has been making the rounds in the crypto community due to the top 5 alone being worth billions of dollars. But perhaps, what is more interesting is how much of this money has now been deemed inaccessible.
3 Of The Top 5 Crypto Rich List Lost Forever
Arkham took to X (formerly Twitter) to share the top 10 richest individuals in crypto ranked by the net worth of their wallet holdings. But the most interesting bits actually lay in the list of the top 5 richest individuals, which included the likes of Tron’s Justin Sun and Ethereum’s Vitalik Buterin.
According to the data shared by Arkham, Justin Sun emerged at the top of the list with a wallet balance of .1 billion, followed by Rain Lohmus, the Chairman of LHV Bank, whose wallet is worth 3 million. Next in line is Ethereum founder Vitalik Buterin, with a wallet balance of 2 million.
In fourth place is Stefan Thomas, a software engineer whose wallet holds a considerable 2 million. And then last but not least is James Fickel, with a total wallet net worth of 6 million. Altogether, these crypto millionaires and billionaire, hold a total of .5 billion. However, not all of this money is available to the owners.
As Arkham notes in its report, two out of these five individuals are no longer able to access their wallets anymore. The first of these two is Rain Lohmus who had invested ,000 during the Ethereum ICO. Lohmus’s allocation came out to 250,000 ETH, which has appreciated greatly over time. However, he can no longer access the coins.
According to Lohmus, he had lost access to his Ethereum wallet and was unable to find the key to the wallet. Given this, the coins are presumed to be lost forever, but Lohmus has offered a 50-50 split to anyone who can access the wallet and recover the funds.
Another individual whose coins are deemed lost is Stefan Thomas. Thomas is infamous in the crypto space for throwing out a flash drive that held the private keys to a wallet containing over 7,000 BTC over 10 years ago. Since then, Thomas has led efforts to excavate the landfill where he believes his trash was sent to, in an effort to recover the flash drive and recover the coins. However, he has run into various issues, such as the city not allowing him to excavate the dump site.
The other three on the list still have access to their wallets and are still involved in the crypto space to varying degrees.
Rich Dad Poor Dad Author Robert Kiyosaki Believes Bitcoin Price Will Reach $2.3 Million
Rich Dad Poor Dad author Robert Kiyosaki says he believes that the price of bitcoin will reach .3 million, citing a prediction by Ark Invest CEO Cathie Wood. Meanwhile, he said stock, bond, and real estate markets are “set to crash,” and he expects the U.S. to go bankrupt. Robert Kiyosaki Foresees Bitcoin Hitting .3 […]
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Composable Data Assists Dapp Developers in Unlocking Rich Data Applications – Swaroop Hegde
Composable data, a flexible and modular approach in the field of data analytics, benefits decentralized application (dapp) developers constrained by the limitations of current data protocols. Swaroop Hegde, co-founder of Powerloom, explains that composable data maintains a decentralized database of data points verified through a consensus mechanism. Clean Insights Versus Actionable Intelligence Hegde, a thought […]
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Rich Dad Poor Dad Author Robert Kiyosaki Advises Buying as Much Bitcoin as You Can Afford
Rich Dad Poor Dad author Robert Kiyosaki has advised investors to buy as many bitcoins as they can afford, noting that China is in trouble and this is not the time to buy stocks and bonds. “This is the time to buy real gold, real silver, and as many bitcoin as you can afford,” he […]
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Rich Dad Poor Dad Author Robert Kiyosaki: Bitcoin ‘on Fire’ — BTC Headed for $300K This Year
Rich Dad Poor Dad author Robert Kiyosaki says bitcoin is “on fire,” predicting that the crypto will hit 0K this year. Bitcoin surged to a new all-time high this week, fueled by soaring demand for spot bitcoin exchange-traded funds (ETFs). Robert Kiyosaki: Bitcoin Is on Its Way to 0K The author of Rich Dad Poor […]
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Rich Dad Poor Dad Author Robert Kiyosaki Warns Stock and Bond Markets Are ‘About to Crash’
Rich Dad Poor Dad author Robert Kiyosaki has renewed his warning that the stock and bond markets are about to crash. “The stock market is climbing higher and higher. Suckers actually believe the economy is strong. Don’t be fooled,” Kiyosaki stressed. Recently, he cautioned that the next crash may turn into a depression.
Robert Kiyosaki’s Latest Market Crash Warning
The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with another warning that the stock and bond markets are about to crash. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
Kiyosaki wrote on social media platform X Friday: “The stock market is climbing higher and higher. Suckers actually believe the economy is strong. Don’t be fooled. The Magnificent 7 financed by U.S. government dollars keeps stock market up.” The famous author cautioned:
Please be careful. Stock and bond markets about to crash.
The Magnificent 7 stocks refer to seven mega-cap tech companies, namely Tesla, Meta, Alphabet, Amazon, Apple, Microsoft, and Nvidia.
Kiyosaki has made numerous warnings about impending market crashes. The renowned author has repeatedly stated that he doesn’t trust the Federal Reserve, the Biden administration, the Treasury Department, and Wall Street bankers. He has warned that our leaders will drive the U.S. economy into a depression and another war. He said in December last year that the next crash may turn into a depression.
Last month, Kiyosaki warned investors about the U.S. government’s ballooning debt, urging them to buy bitcoin. This week, he also explained why he owns BTC, emphasizing that the cryptocurrency protects “against the theft of our wealth via our money.” Following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), the famous author revealed that he increased his bitcoin holdings. He believes the BTC will soon hit 0K, advising investors to pay attention to the upcoming Bitcoin halving.
Do you think Rich Dad Poor Dad Dad author Robert Kiyosaki is right about the impending stock and bond market crashes this time? Let us know in the comments section below.
Rich Dad Poor Dad Author Robert Kiyosaki Advises Investors to Pay Attention to Bitcoin Halving
Robert Kiyosaki, the author of Rich Dad Poor Dad, has advised investors to closely monitor Bitcoin’s upcoming halving, emphasizing that the event is fast approaching. The famous author recently revealed that he is billion in debt but does not see it as his problem. He further shared that he uses debt as money to buy assets, including bitcoin, emphasizing that he does not trust the U.S. dollar.
Robert Kiyosaki Urges Investors to Pay Attention to Bitcoin Halving
The author of Rich Dad Poor Dad, Robert Kiyosaki, has highlighted the upcoming Bitcoin halving in April as a key event for investors to watch. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.
In a post on social media platform X Wednesday, the famous author explained that one contributing factor to the financial status of the poor and middle class is their social circle. “If you want to be rich it is essential to have rich friends or at minimum friends who want to be rich,” he suggested. Kiyosaki ended his post with a message about the upcoming Bitcoin halving. “A Bitcoin halving is fast approaching. Please pay attention to Bitcoin halving, gold, and silver in January, February, and March,” he wrote.
Kiyosaki has long recommended gold, silver, and bitcoin. He shared in an Instagram reel on Nov. 30 that he is more than billion in debt but he doesn’t see it as his problem. “Not my problem,” he said, adding: “If I go bust, the bank goes bust.” The famous author explained that he uses debt to buy assets while most people use debt to buy liabilities. “I drive a Ferrari and guess what, it’s paid off 100% because it’s a liability. I drive a Rolls‑Royce; it’s paid off 100% because it’s a liability. I use debt as money and I don’t save cash because in 1971 the dollar became debt,” Kiyosaki explained. “All the cash I make I convert to silver and gold,” he added, noting that “pretty soon it got to be a big problem which is why I own bitcoin also because I just don’t trust the fricking dollar.”
The coming Bitcoin halving and potential approval of spot exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) are fueling anticipation of a BTC price surge. Michael Saylor, Microstrategy’s executive chairman, predicts a doubling of demand post-halving. An analyst said in August last year that bitcoin halving could push the price of BTC to 0K. Other price forecasts include Pantera Capital‘s prediction of 8,000 and Fundstrat‘s 0,000 prediction.
What do you think about Rich Dad Poor Dad author Robert Kiyosaki’s advice? Let us know in the comments section below.