Robert Kiyosaki Unveil His Bitcoin Holdings And Investment Insight

CoinMarketCap
10 Nov 2024

Robert Kiyosaki, author of Rich Dad, Poor Dad and a vocal Bitcoin advocate, is back in the spotlight. His latest message on X challenges conventional thinking on wealth and investment.

Kiyosaki has been vocal about his philosophy for years. In his usual style, Kiyosaki reiterated that building wealth comes from holding assets, not from waiting for prices to drop. He stresses the importance of long-term investment and accumulating valuable resources, regardless of short-term market fluctuations.

Kiyosaki Spotlights the Price Trap: Waiting for the Right Time

Kiyosaki shared that many investors make the mistake of waiting for the perfect price drop, hoping to buy assets at a discount.  Kiyosaki addresses this mindset head-on, pointing out that waiting for prices to come down does not guarantee wealth

Whether Bitcoin (BTC) is priced at $76,000 or gold at $2,684 per ounce, his advice remains the same. It is not about timing the market, but buying as much as possible when the opportunity surfaces. 

He added that the focus should be on building a strong portfolio over time, not trying to catch the perfect moment.

Robert Kiyosaki Says Accumulate, Don’t Speculate

Kiyosaki knows that waiting for prices to fall is futile. He reflects on his own investment journey, recalling when he bought silver at $1 an ounce. 

Today, his silver holdings number in the thousands of ounces. Similarly, he bought Bitcoin at $6,000, and today he owns 73 whole Bitcoins. His future plan is to own 100 Bitcoins within a year, regardless of its price.

At the beginning of the year, the renowned financial educator shared his bullish outlook on Bitcoin. At the time, he expressed his belief that the digital asset’s price could surge to $150,000 soon. 

Recently, Tom Lee, Head of Research at Fundstrat, echoed this optimism in an interview. He expressed his belief that Bitcoin could be instrumental in supporting U.S. fiscal stability.

At the time of writing, Bitcoin is priced at $76,333.99, up by 0.83% in the last 24 hours as per CoinMarketCap data. Notably, the asset is 97.37% away from the bullish $ 150,000 prediction. 

Kiyosaki’s Formula for Wealth: Real Assets, Not Fake Money 

Kiyosaki revealed his wealth does not just come from Bitcoin. He also owns income-producing real estate and gold-producing mines, further emphasizing his belief in accumulating real, tangible assets. 

By saving profits in Bitcoin, gold, and silver coins, Robert Kiyosaki is building a portfolio that he believes is far more secure than relying on fake money like paper currency.

Kiyosaki’s approach highlights that wealth is built by holding valuable assets over time, not by chasing prices. He encourages investors to stop wishing they had bought Bitcoin early and start acquiring now.

The post Robert Kiyosaki Unveil His Bitcoin Holdings And Investment Insight appeared first on TheCoinrise.com.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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