| 11 Nov 2024 |
Robert Kiyosaki, author of the book Rich Dad Poor Dad, is determined to acquire 100 BTC by 2025. He already owns 73, but continues to buy more, rejecting the mindset of waiting for prices to fall.
In a recent post, he explained that unlike those who wait for cuts like "paupers," his approach to building wealth involves consistent and long-term investments.
Kiyosaki's investment journey began with silver when it was just $1 an ounce. When the price of silver rose to $32 an ounce, he kept buying more rather than waiting for a decline - a lesson he applied to all his investments. He believes that the accumulation of wealth is done by regular accumulation, not by waiting for lower prices.
He first bought Bitcoin when it was around $6,000 a coin, and despite its rise to around $76,000, Kiyosaki is determined to increase his BTC holdings. His goal of owning 100 BTC by 2025 is dictated not by trying to buy at the lowest price, but by the amount of cryptocurrency he can accumulate over time.
Apart from crypto, Kiyosaki also invests in gold, silver, lucrative real estate and gold mines. By diversifying his investments, he spreads risk and increases his chances of increasing wealth. Reflecting on his journey, Kiyosaki admits he wishes he had bought Bitcoin at $10 per coin, but stresses that waiting for lower prices only hinders financial growth. For him, the key to wealth is stable, long-term investment in valuable assets.