Robert Kiyosaki and Binance Founder Share Advice on Buying Bitcoin Amid FOMO

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Robert Kiyosaki and Binance Founder Share Advice on Buying Bitcoin Amid FOMO

Robert Kiyosaki and Changpeng ‘CZ’ Zhao, two prominent figures in the crypto world, have come forward to share their advice on Bitcoin. They have published a post on X, expressing their love for BTC and the intention not to miss this accumulation opportunity. This has fueled Bitcoin prices, helping them to surge notably in the last 24 hours.

Robert Kiyosaki and Binance Founder CZ on Bitcoin

The author of Rich Dad Poor Dad book, Robert Kiyosaki, posted on X expressing his love for Bitcoin. He emphasized that buying Bitcoin is the easiest way to get rich, adding that anyone can do so simply by buying ‘one Satoshi’ for the long term. Robert concluded his post by saying that only those people who cannot get rich with Bitcoin are stupid.

Binance Founder, Changpeng ‘CZ’ Zhao, also published a post on X to tease his support for Bitcoin tokens. He highlighted that everyone has FOMO, adding that things should only be done responsibly. With this, Binance founder has not only teased his support for buying BTC at its lower price but has also sought due consideration from crypto enthusiasts due to the volatile nature of cryptocurrencies, especially Bitcoin.

Everyone has FOMO. Just do it responsibly. 😆

— CZ 🔶 BNB (@cz_binance) January 15, 2025

Impact on BTC Price

There has been a notable surge in BTC price over 2% in the last 24 hours. The flagship cryptocurrency is now exchanging hands above $97K, which also represents a rise of 126.87% over the year. BTC price has been rising constantly throughout the day with the initial price recorded at $94,823.5.

Surge in BTC priceSource: CoinMarketCap

This has triggered speculation that its prices will soar in the days to come, especially as Donald Trump gets closer to assuming the US Presidential office. The lower-than-expected PPI data on Tuesday fueled BTC is estimated to grow by 26.38% in the next 30 days amid a volatility of 3.53% and an FGI of 63 points. Data related to Open Interest from Coinglass data shows Bitcoin has gained bullish sentiment amid demand from derivatives market.

Earlier Support for Bitcoin

This is not the first time that Changpeng ‘CZ’ Zhao and Robert Kiyosaki have come forward to express their support for Bitcoin. On Tuesday, Binance Founder teased buying BTC dips when it was anticipated that Donald Trump would sign key crypto executive orders during his early days as the US President. CZ, at that time, had compared that opportunity to the initial days of Bitcoin when the token was just starting to gain traction, or when its prices were just starting to pick a momentum on the price chart.

Similarly, Robert Kiyosaki earlier called the crash of Bitcoin ‘great news’, emphasizing that he would continue buying Bitcoin because a crash in BTC prices meant an opportunity to buy the token at a discount.

Meanwhile, JPMorgan has broken the silence on Solana and XRP ETFs, highlighting that there is a possibility for both ETFs to bring an inflow of $15 billion within the first year. This has backed the adoption of cryptocurrencies and hence, is also boosting the price surge of BTC.

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