Robert Kiyosaki, the author of the bestseller 'Rich Dad Poor Dad', has once again made headlines due to his recent Bitcoin investments. He shared his thoughts on risky investments and expectations regarding the growth of the cryptocurrency.
Kiyosaki's Bitcoin Investments
Kiyosaki stated that he bought another Bitcoin despite the price hovering around $107,000. He admitted that part of him feels like he could be making a mistake, saying, 'I realize I could be wrong and a sucker.'
Thoughts on Risks and Bitcoin's Future
Reflecting on his investment history, Kiyosaki recalled purchasing Bitcoin when it was priced at $6,000, which he believed was expensive. He argues that while $107,000 also seems high today, he continues to buy. Kiyosaki believes Bitcoin could reach $1 million, and he may look back regretting not buying more at the current price.
Conclusion and Kiyosaki's Philosophy
Kiyosaki also mentioned his initial hesitation to invest in Bitcoin due to his lack of understanding of modern currency mechanisms. However, after learning how fiat currencies operate and the extent to which governments print money, he became a strong advocate for Bitcoin as a hedge. His key advice: 'Don’t blindly follow anyone – not even me. Think for yourself.'
Kiyosaki continues to invest in Bitcoin as a long-term strategy, while his bold predictions spark interest and discussions within the cryptocurrency community.