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Home Blockchain

Robert Kiyosaki Doubles Down on Bitcoin: Here’s Why He’s Buying Big at $77K – No Matter the Price!

by DigestWire member
November 9, 2024
in Blockchain, Crypto Market, Cryptocurrency
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Robert Kiyosaki Doubles Down on Bitcoin: Here’s Why He’s Buying Big at $77K – No Matter the Price!
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Robert kiyosaki and bitcoin

The post Robert Kiyosaki Doubles Down on Bitcoin: Here’s Why He’s Buying Big at $77K – No Matter the Price! appeared first on Coinpedia Fintech News

Robert Kiyosaki, author of Rich Dad Poor Dad, is doubling down on Bitcoin even at its current price of $77,000! While many wait for a “better price,” Kiyosaki’s strategy is simple: buy and hold as many coins as possible, no matter the cost. Here’s why he’s ignoring the hype and focusing on real wealth-building.

Buy and Hold, No Matter the Price

Kiyosaki began buying Bitcoin when the price was just $6,000 per coin, and now he owns 73 Bitcoin. He has made it clear that he isn’t concerned with short-term price fluctuations. For him, the important thing is how many Bitcoins he holds. 

He plans to own 100 Bitcoin in the next year, regardless of the price. He believes that accumulating as many coins as possible is the key to real wealth.

In his recent tweet, Kiyosaki compares Bitcoin to his past investments in gold and silver. He recalls buying silver at $1 per ounce and continuing to buy more at $32 an ounce. He’s also kept buying gold even when it seemed expensive. 

WORDS & THOUGHTS of a poor person.

1: Bitcoin costs $76,000. “That’s too expensive. II will wait till the price goes down.”

2: Gold is $2684 an ounce. “That’s too expensive. I will wait for the price to come down.”

3. Silver is $32.00 an ounce. “That’s too expensive.…

— Robert Kiyosaki (@theRealKiyosaki) November 9, 2024

Kiyosaki says that price doesn’t matter in the long run what matters is the total amount of the asset you own.

Bitcoin as Real Money

Kiyosaki stresses that it’s not about timing the market but about accumulating as many assets as possible. For him, Bitcoin isn’t just a speculative investment—it’s a form of “real money.” 

Kiyosaki’s strategy, which includes owning income-producing real estate, gold-producing mines, and now Bitcoin, is proof that he’s building a diverse portfolio of assets that can withstand the test of time. 

Key to Kiyosaki’s Wealth Strategy

While many wait for prices to fall, Kiyosaki sees the bigger picture. His strategy isn’t about catching Bitcoin at its lowest price—it’s about consistently accumulating, as he aims to reach 100 Bitcoin in the coming year.

While Kiyosaki even wishes Bitcoin was still priced at $10 per coin, he knows that “wishing” won’t make him richer. Kiyosaki’s advice is simple: focus on owning more Bitcoin, not just waiting for the price to drop. By consistently buying, he’s building a strong base of assets that will serve him well in the future

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