Robert Kiyosaki, renowned investor and author, has set a goal of acquiring 100 Bitcoins by 2025, regardless of cryptocurrency fluctuations.
What happened : In a post on Twitter, Kiyosaki shared that he currently holds 73 Bitcoins and is slowly increasing his holdings. He mentioned that he doesn’t wait for a price to drop to invest, a mentality he likens to that of “the poor.”
He also said his investing journey started with silver, which he started buying when it was at $1 an ounce. Despite the increase to $32 an ounce, he continued to invest.
WORDS AND THOUGHTS of a poor man.
1: Bitcoin costs $76,000. “It’s too expensive. He will wait for a drop in prices.”
2: Gold costs $2684 per ounce. “It’s too expensive. He will wait for a drop in prices.”
3. Silver costs $32.00 per ounce. “It’s too expensive. …
– Robert Kiyosaki (@theRealKiyosaki) November 9, 2024
He employs the same strategy with Bitcoin, having made his first purchase when it was valued at $6,000. Even with Bitcoin’s current valuation hovering around $76,000, Kiyosaki remains firm.
Read also: Robert Kiyosaki predicts stock market crash, suggests investing in gold, silver and Bitcoin
Kiyosaki’s investment interests are not limited to Bitcoin. Kiyosaki also invests in gold, silver, income producing real estate and gold mines. He advocates a diversified portfolio as a way to grow wealth in different ways.
Although Kiyosaki regrets not investing in Bitcoin when it was worth just $10 per coin, he emphasizes the importance of investing regularly over time, rather than waiting for prices to drop.
Its strategy is to accumulate as many assets as possible over the long term, viewing this as a fundamental principle of wealth creation.
Why it matters : Kiyosaki’s investment strategy highlights the importance of regular investment and diversification. His approach of not waiting for prices to fall to invest, but focusing on long-term accumulation of assets, offers a different perspective on wealth creation.
This approach may inspire other investors to rethink their investment strategies, especially in the volatile world of cryptocurrencies.
His unwavering commitment to his investment goals, despite market fluctuations, highlights the potential of long-term investing in wealth accumulation.
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