Robert Kiyosaki, author of 'Rich Dad Poor Dad,' challenges conventional views on Bitcoin value by focusing on accumulation.
Focus on Quantity, Not Price
Kiyosaki emphasizes the mindset difference between the poor and the rich: 'Poor people focus on price, rich people focus on quantity.' He believes that accumulating Bitcoin is more important than its current value, revealing: 'I care more about how many BTC I own instead of the price.'
Bitcoin Forecast by 2030
Kiyosaki predicts a 50% chance that Bitcoin will hit $1 million by 2030. This more aggressive outlook replaces his earlier prediction of $1 million by 2035.
Why This Matters in Crypto
According to him, the approach to accumulating Bitcoin is crucial for long-term investors. Key ideas include: 1. Scarcity and network value: Bitcoin's fixed supply of 21 million gives it gold-like appeal. 2. Wealth mindset shift: Focusing on accumulation rather than timing is essential. 3. Macroeconomic hedge: Bitcoin serves as a strategic shield amidst record debt and inflation.
Robert Kiyosaki's insights on Bitcoin accumulation highlight a shift in investment approaches and potential long-term economic advantages.