Robert Kiyosaki, author of Rich Dad Poor Dad, has warned young people not to chase fiat money but instead invest in gold, silver, or Bitcoin if they want a genuine upgrade. He suggested that they start with a single Statoshi as early as possible. However, he cautioned about the aggressive purchasing of Bitcoin.
Why Robert Kiyosaki Urges People to Invest in Bitcoin?
Robert Kiyosaki is against pursuing fiat money. He considers it fake money, which will lose its power in the upcoming years. Since Bitcoin is in a bullish state, Kiyosaki says that beginners can start investing, even with one Satoshi.
On X (Twitter), Kiyosaki posted, “If you have not begun acquiring BITCOIN….I suggest starting very small… starting with a Satoshi.”
He believes that Bitcoin could reach $1 million by 2030, and those who invest would benefit from this, regardless of its current price. People should be focusing on the futuristic state of the asset rather than waiting for the best price to make an entry.
“Nobody likes being suckers or losers…. Yet that is what makes life exciting.” Robert Kiyosaki said on X. He advises people, especially youngsters, to seize the opportunity so they don’t miss out. By this, he means that investing in Bitcoin can make their lives successful, and they won’t become a fool, because no one pities them.
Mind the Rambling
Even if Robert Kiyosaki advocates investing in Bitcoin, he says people shouldn’t just listen to his ramblings. He also said that he remains cautious about investing higher funds in Bitcoin until he knows where it is going. Moreover, he advises people to use their knowledge, experience, and analysis while considering how much money to invest.
Bitcoin: Current Outlook and Future
Bitcoin has been in a bullish state for some time now, and experts predict that the rally could continue to December. The prices will increase between $200-$300K. The current Bitcoin price $122,763 and has recorded a 10% rise this month.
Both retail and large investors play a huge role in Bitcoin’s bullishness. 70% of the inflows are from these investors. APSK32 says it predicts no danger and rather creates an opportunity.
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Robert Kiyosaki’s Idea of Wealth
According to Kiyosaki’s book, Rich Dad Poor Dad, poor people generate little or no income because they focus on the price. They are worried about the future value of the assets they have. On the other hand, rich people focus on building assets. They do not worry about the prices and try to generate secondary income from these assets. It is about individual perspectives and the way they handle money. Instead of saving, people should focus on generating earnings by calculating and considering all the risks.
This principle is also reflected in Robert Kiyosaki’s latest post about investing in Bitcoin. People should consider exploring the possibilities of Bitcoin and analyse the risks before taking further steps. Furthermore, they should have a clear understanding of how these investments work and their potential for generating additional income.
To this, Kiyosaki adds, “Think for yourself…. Do not listen to my ramblings….. I can afford to lose a $100k because I have been a sucker and a loser many times in my life… and learned from my losses. That’s life. That’s called wisdom and experience….which can be priceless.”
