Well-known economist Robert Kiyosaki has once again voiced his confidence in Bitcoin by announcing the purchase of another unit of the cryptocurrency. Kiyosaki also shared his thoughts on how to approach investments.
Purchase of Bitcoin by Robert Kiyosaki
Kiyosaki announced on his social media account that he bought another Bitcoin. He acknowledged that this investment might have been a mistake but expressed confidence that Bitcoin will reach $1 million in the future.
"I bought another Bitcoin today. I could be wrong. But it wouldn’t be the first time. I still believe that Bitcoin will reach $1 million soon. If I’m wrong, I’m wrong; but if I’m right, I’m a winner, not a loser," he stated.
Investment Approaches of the Rich vs. the Poor
In his post, Kiyosaki also touched on the differences in investment habits between the poor and the rich. According to him, the poor focus on prices, while the rich look at the amount of assets they hold.
"I don't really care about the current price of gold or silver. What matters is how many ounces of gold or silver I have. Same goes for Bitcoin. I look at the price, but what I really focus on is how many Bitcoins I have." - he added.
Kiyosaki on Bitcoin's Future and His Predictions
Kiyosaki expressed his sentiment that he bought his first Bitcoin at $6,000 and wanted to buy more with all the 'fake money' he had at the time. Reiterating his $1 million target for Bitcoin by 2030, he stated, "Those who will be rich in the future will be those who have the most Bitcoin."
Robert Kiyosaki remains confident in the potential of Bitcoin as an investment asset. His views on investments and asset accumulation may provide valuable insights for a broader audience looking to understand how to think not just about current prices but about their own asset portfolio.
