The Rich Dad Poor Dad author identified Ethereum as the next big opportunity, comparable to Bitcoin when it was priced at $4,000.
Indeed, his outlook comes as Ethereum continues to find ways of trading around $5,000 following recent volatility. As of press time, the second-ranked cryptocurrency was trading at $3,958, up 1.2% in the past 24 hours.
In an X post on October 25, Kiyosaki said that those who acquire Ethereum today could see returns similar to early Bitcoin investors, who capitalized on the cryptocurrency’s meteoric rise.
“People who acquire Ethereum today at $4000 will be like the rich who invested in Bitcoin when it was $4000. Old thinkers will be left behind as the GAP becomes the GRAND CANYON. Consider those ideas and choose which side of the GAP you want to be on,” Kiyosaki stated.
In his commentary, he contrasted two distinct mindsets he termed “old thinking” and “new thinking,” which, according to him, will determine how individuals fare as the wealth gap continues to widen.
Kiyosaki noted that billions of people are struggling to make ends meet, cope with inflation, and maintain job security, as traditional financial strategies prove increasingly ineffective.
Old thinkers rely on outdated strategies such as pursuing more schooling, working longer hours, saving in conventional currencies, and depending on retirement plans, approaches he warned will leave them further behind.
In contrast, new thinkers start businesses, save in tangible assets like gold and silver, and invest in technologies such as Bitcoin and Ethereum, with ETH offering a groundbreaking opportunity akin to early Bitcoin.
His outlook reinforces his long-standing advocacy for alternative assets which have the potential to preserve wealth ahead of his projected economic downturn.
