The renowned author Kiyosaki plan to buy more Bitcoin at a time when BTC looks “too expensive” flies in the face of expert advice to wait for a lower price. The best-selling author of Rich Dad Poor Dad believes the amount of assets a person owns is more critical as it’s “what makes a rich person rich.”
Kiyosaki, who currently owns 73, revealed his intentions to own 100 Bitcoins by 2025 via a tweet on his X handle where he claimed he wouldn’t wait for a lower price like “a poor person” for a lower price. The author, who considers assets the fuel for creating long-term wealth, stated he would acquire more Bitcoin next year alongside his investments in gold, silver, and real estate. The Kiyosaki plan to buy more Bitcoin emphasizes the benefits of consistency in creating real wealth over time.
The Kiyosaki Plan to Own More Bitcoin However Expensive
The Kiyosaki plan to buy more Bitcoin relates to his approach to investing, which started a long time ago with his purchase of silver when it cost a paltry $1 per ounce. As time went on, the value of his investment grew over the years, with the asset costing at least $32 at the moment. Knowing the importance of investing consistently, the Rich Dad Poor Dad author has never stopped acquiring more silver and continually increased his holdings no matter the price.
The best-selling author has consistently used the same strategy that worked for him with other assets and is employing it in his plan to buy more Bitcoins. According to his tweet, Kiyosaki bought his first Bitcoin at $6,000 and has continued ever since. And now that BTC has reached an all-time high of $81,000 per coin, he states he plans to own 100 Bitcoins by 2025 regardless of the asset’s price. For the author, the cost of Bitcoin may never get lower than it is at the moment, but that won’t stop him from the investment spree.
No time for Regrets
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In Kiyosaki’s plan to buy more Bitcoin, the author states in his X post that just like those investors considering entering the crypto market for the first time, he regretted not buying more BTC because it costs only $10 per coin. However, the best-selling author says he doesn’t spend his energy on what he could have done earlier but instead focuses on what he knows will pay, and that is owning 100 Bitcoins by 2025, continuing from the here and now.
According to him, the only key to becoming wealthy is investing in as many long-term assets as possible. He believes the key to financial success is buying consistently and building wealth over time instead of waiting for prices to drop and his owning 100 Bitcoins by 2025 is part of the plan.
The author of the bestselling investment book Rich Dad Poor Dad has spread his investments widely beyond financial assets to real estate and a gold-producing mine. As a believer in the power of using a mixture of assets to build an investment portfolio, Kiyosaki reinforced his message by further stating that “while the price of each coin is important… ultimately, the amount of coins, gold, silver, or bitcoin you have” matters more than the price of Bitcoin.
Conclusion
At the centre of the Kiyosaki plans to own 100 Bitcoin by 2025, the financial advisor has a word for potential investors. He urges investors to convert their fiat currency, which he believes is “fake money,” to assets like gold, silver, and Bitcoin, which he believes is “real money,” if they’re going to become more prosperous. While Robert regrets not investing earlier in Bitcoin at $10, he is glad he started purchasing the digital asset at $6,000 and vows to continue his investment journey.
The secret behind Kiyosaki’s plan to buy more Bitcoin is his belief that investing in the asset goes beyond owning a speculative asset – he calls it “real money.” The financial guru states that building wealth goes beyond proper timing to consistently accumulating assets. He advises potential investors not to wait for the price of an asset to drop but to buy over time repeatedly. Kiyosaki plans to own 100 Bitcoins by 2025 to add to his other income-generating assets instead of relying on a single investment in a strategy he calls a diversification model.
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