Renowned author and financial guru, Robert Kiyosaki, best known for his book “Rich Dad Poor Dad,” has once again shared his insights into the world of cryptocurrency investment. As a staunch advocate for Bitcoin, Kiyosaki recently took to social media to disclose his strategic plan for investing in Bitcoin.
Kiyosaki To Buy BTC Until This Point
Robert Kiyosaki has made a bold statement on one of his social media platforms, revealing his intention to continue purchasing Bitcoin until its value surpasses $100,000. Currently, with Bitcoin trading over the $88,000 mark, Kiyosaki emphasizes the importance of discipline in investment, cautioning against greed. His message serves as a reminder that while the allure of selling at high prices is tempting, maintaining composure and following a disciplined approach is crucial for long-term success.
Kiyosaki’s Bitcoin Advice
Earlier in the month, Kiyosaki expressed his views on the mentality of investors who perceive Bitcoin’s price as prohibitive. Through a metaphorical lens, he articulated the common sentiment among investors who hesitate to buy when prices are high, opting instead to wait for a dip. He highlighted that although prices may fluctuate, financial success is determined not just by price but by the amount of cryptocurrency one holds. “Ultimately what makes a rich person rich is how many coins or ounces a person has in their control,” Kiyosaki explained. This perspective encourages investors to focus on asset accumulation rather than merely chasing lower prices.
Kiyosaki Reflects On His Journey, Shares Words Of Wisdom
Reflecting on his personal financial journey, Kiyosaki shared his experiences with investing in various assets over the years. He reminisced about beginning his investment in silver at just one dollar per ounce and continuing to accumulate at $32 per ounce. This same philosophy applies to his Bitcoin investment strategy. Having initially purchased Bitcoin at $6,000, he has consistently expanded his holdings, even as the price climbed to $76,000. His advice to his followers is clear: consistently exchange fiat currency for tangible assets like Bitcoin, gold, and silver to build wealth. Despite wishing he had entered the Bitcoin market at $10 per coin, he remains satisfied with his decision to start at $6,000, emphasizing that the key to wealth is the quantity of assets owned.
‘Wishing Will Never Make You Richer’
In a candid revelation, Kiyosaki disclosed that he currently holds 73 Bitcoins and plans to increase his holdings to 100 within a year, irrespective of the price. Alongside his cryptocurrency investments, he owns substantial income-generating real estate and gold-producing mines, with profits saved in what he terms ‘Real money’—Bitcoin, gold, and silver coins. He concluded by asserting that while nostalgia for Bitcoin’s former low prices is natural, mere wishing has never increased wealth. His strategy underscores the importance of action and decision-making in wealth accumulation.
As Bitcoin experiences a significant surge, currently trading around $86,985 with a 5% increase in the past 24 hours, it has surpassed silver to become the eighth-largest asset globally. With a market capitalization of $1.752 trillion, Bitcoin now eclipses silver’s $1.726 trillion market value, marking a significant milestone in the financial world.
