Robert Kiyosaki, the author of Rich Dad Poor Dad, is once again sharing his thoughts on money, wealth, and how people should approach investing in assets like gold, silver, and Bitcoin. In a recent post on X, he explained why he doesn’t care much about the Bitcoin price of these assets. What matters more to him is how much he owns.
Kiyosaki believes that poor and middle-class people tend to focus too much on the price of things. They often worry if an asset is too expensive or if it might drop in value. But according to him, wealthy people think differently. They care more about owning a large quantity of valuable assets, not just watching price charts.
He used gold, silver, and Bitcoin as examples. While he admits that price does play a role, he made it clear that his priority is building up how much he owns. He started buying Bitcoin when it was around $6,000 and bought as much as he could. Looking back, he wishes he had even more money at the time to buy more.
Moreover, he has long warned that the U.S. economy is weak and could collapse. He believes it’s being held up by too much debt and what he calls fake money. To protect themselves, he advises people to avoid trusting the system and instead invest in Bitcoin, gold, and silver, not cash or government bonds.
Kiyosaki is still very bullish on Bitcoin and believes its price could reach $1 million by the year 2030. His point is that those who own the most Bitcoin will benefit the most in the long run, no matter what the current price is. The focus, he says, should be on growing the amount you hold rather than waiting for the perfect entry price.
Cathie Wood, CEO of ARK Invest, echoed similar views by predicting that Bitcoin could hit $1.5 million by 2030 in her firm’s most optimistic scenario. She explained this would require Bitcoin to grow about 58% each year, driven mainly by more institutions getting involved.
Read more on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
