Financial author Robert Kiyosaki has reaffirmed his confidence in Bitcoin by purchasing another coin at a price above $107,000 and predicting a potential rise to $1 million.
Kiyosaki's Choice and His Confidence in Bitcoin
On July 1, 2025, Kiyosaki announced that he had bought another Bitcoin, highlighting his ongoing belief in its long-term value. 'I could be wrong and a sucker... but I’d rather be a fool than miss out,' he wrote in a social media update.
Long-Term Predictions and Reasons
Kiyosaki has been a vocal supporter of Bitcoin since he first invested when the price was around $6,000. He cites a lack of confidence in traditional financial systems and fiat currencies as reasons for investing in assets like Bitcoin, gold, and silver. In previous predictions, he stated Bitcoin would hit $250,000 by 2025, and his recent reaffirmation of a $1 million target indicates that he views today's high prices not as a peak but as just the beginning.
Risks and Opportunities in Investments
While many investors hesitate to buy at such high levels, Kiyosaki's strategy remains simple: accumulate steadily. He acknowledges the risk of being wrong but insists that missing out on Bitcoin’s potential upside would be a greater mistake. Thus, his actions illustrate confidence in Bitcoin's long-term value, backed by real investments.
Robert Kiyosaki continues to believe in Bitcoin's potential, as reflected in his recent investments. His approach underscores the importance of confidence in long-term perspectives.