Renowned investor and “Rich Dad Poor Dad” author Robert Kiyosaki has once again caught the crypto world’s attention with his latest investment strategy for Bitcoin. Known for his long-standing support of the cryptocurrency, Kiyosaki recently shared his buying plans with fans, signaling confidence even as BTC nears record highs.
Kiyosaki’s Bitcoin Strategy: Not Just Numbers, But Philosophy
Kiyosaki, celebrated author of “Rich Dad Poor Dad” and a powerful voice in financial education, took to Twitter on November 12 to announce his bold BTC strategy:
“BITCOIN is above $88,000. I will continue buying Bitcoin until it passes $100,000. After that, I’ll stop. Now is not the time to be greedy.”
Kiyosaki’s statement goes beyond a mere strategy; it’s a reflection of his investment philosophy. Instead of chasing quick profits or hyping Bitcoin’s price, he blends caution with courage, rooted in timeless principles. While many investors may sell at these high levels, Kiyosaki sees an opportunity with a well-defined limit — an approach where excitement meets discipline.
Earlier this month, Kiyosaki shared thoughts on Bitcoin’s rising price, responding to some investors who deemed it “too expensive” at current levels. He mused, “Bitcoin is trading at $76,000. That’s very expensive. I’ll wait until the price drops.”
Advertisement Banner
True Wealth, According to Kiyosaki
Kiyosaki also emphasized that wealth is not merely about price but about control over assets. “Wealth isn’t about how many coins or ounces you hold; it’s about controlling assets,” he explained. This mindset, focused on accumulation and control rather than short-term price movements, is truly a “rich dad” philosophy. Reflecting on his own journey, Kiyosaki admitted he didn’t buy Bitcoin at its lowest price, but he’s satisfied with his choices.
“I wish I’d bought Bitcoin at $10 per coin… but I didn’t. I started at $6,000, and I’m glad I did. Today, I hold exactly 73 Bitcoin. I’d love for Bitcoin to drop back to $10, but wishing hasn’t made anyone rich,” he added.
Bitcoin’s Explosive Rise: Is Kiyosaki’s Target Within Reach?
As Bitcoin approaches Kiyosaki’s $100,000 target, it’s trading at $87,982, just shy of his goal by 12,000 dollars. The recent price surge has been monumental, with BTC climbing 7.08% in the past 24 hours and 28.26% in the past week, bringing its market cap from $1.36 trillion to $1.76 trillion, a massive $400 billion increase. Kiyosaki’s philosophy remains compelling as Bitcoin nears his target. However, it’s worth noting that Kiyosaki has previously warned about potential economic crises and market peaks, encouraging investors to approach his advice with caution.
- https://twitter.com/Thebitjournal_
- https://www.linkedin.com/company/the-bit-journal/
- https://t.me/thebitjournal
Follow us on Twitter and LinkedIn and join our Telegram channel to be instantly informed about breaking news!
The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.
You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.
Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.
