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"Rich Dad Poor Dad" Author Warns Bitcoin Investors: Don’t Get Greedy
Robert Kiyosaki, author of Rich Dad Poor Dad, advises Bitcoin investors to be cautious, urging them to avoid excessive greed. He plans to stop buying Bitcoin if it surpasses $100,000, despite previous bullish predictions.
What we will talk about today...
Crypto Market Cap Hits $3.1T, Approaching France’s GDP
"Rich Dad Poor Dad" Author Warns Bitcoin Investors: Don’t Get Greedy
Solana Hits 2-Year High: Is an All-Time High Next?

The cryptocurrency market has reached a record $3.12 trillion valuation, nearing France's GDP and positioning itself as the eighth-largest economy if viewed as a country. Bitcoin leads the surge, edging close to the $90,000 price mark.
Main Points:
New Record: Crypto market cap reaches $3.12 trillion, up 7% in one day.
Bitcoin Dominance: Bitcoin’s market cap now exceeds Spain’s GDP.
Future Outlook: Market cap could hit $4 trillion as altcoins gain traction.
Detailed Insights:
Bitcoin Surge: BTC rises 11% in 24 hours, nearing $90,000, fueling market momentum.
Altcoin Rally Potential: Analysts suggest altcoins may drive further market cap growth.
Market Comparisons: Crypto’s current cap surpasses Microsoft’s and nears Nvidia’s.

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"Rich Dad Poor Dad" Author Warns Bitcoin Investors: Don’t Get Greedy
Robert Kiyosaki, author of Rich Dad Poor Dad, advises caution to Bitcoin investors, urging them to avoid excessive greed. He plans to stop buying Bitcoin if it surpasses $100,000, despite previous bullish predictions.
YAY: BITCOIN over $88.000. I will keep buying more Bitcoin till it passes $100,000. Then I will stop. Not a time to get greedy.
Always remember….hogs get fat…pigs get slaughtered.
Don’t be a pig.
— Robert Kiyosaki (@theRealKiyosaki)
4:05 AM • Nov 12, 2024
Main Points:
Kiyosaki’s Stance: Plans to cease buying Bitcoin at $100,000.
Cautionary Advice: Warns that greed could lead to significant losses.
Mixed Predictions: Previously suggested Bitcoin could reach $350,000 or even $10 million.
Detailed Insights:
Market Sentiment: Bitcoin is trading at $88,894, recently surpassing silver in market cap.
Investor Risks: Kiyosaki’s “hogs get fat, pigs get slaughtered” warning highlights overexposure risks.
Long-Term Projections: Despite current caution, Kiyosaki maintains ultra-bullish views for Bitcoin’s distant future.

₿itcoin reached $88,148. +6.51%
♢Ethereum reached $3,380. +5.74%

Solana’s token (SOL) surged to $222, its highest in over two years, with strong indicators suggesting it could approach its all-time high of $260. Increased network activity and decentralized finance (DeFi) growth are fueling optimism.
Main Points:
SOL’s Rise: SOL up 35% this week, nearing its all-time high.
DeFi Expansion: Solana’s total value locked (TVL) hit $7.6 billion, boosting market confidence.
User Engagement: Solana’s decentralized exchanges and NFT platforms show rising user activity.
Detailed Insights:
TVL Growth: Solana’s DeFi platforms saw a 36% increase in deposits, led by key applications.
DEX Volume Surge: Weekly DEX volume reached $17.1 billion, a level not seen since early 2024.
Comparative Activity: Solana’s NFT marketplace outpaced Ethereum’s in active users.
Stable Leverage: Futures metrics show a balanced funding rate, indicating sustainable growth.
Solana’s recent gains are supported by strong fundamentals, suggesting further upside potential if the current momentum continues.

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This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results