Robert Kiyosaki has revealed his bitcoin holdings and plans to buy more BTC next year, along with investments in gold, silver, and real estate - assets he considers 'real money' for building long-term wealth.
Robert Kiyosaki reveals Bitcoin Holdings, sharing his approach to gold, silver, and BTC
Robert Kiyosaki, the famous author of Rich Dad Poor Dad, has shared his views on building wealth through assets such as bitcoin, gold, and silver on the social media platform X Friday. Rich Dad Poor Dad, a 1997 book co-authored by Kiyosaki and Sharon Lechter, has received global acclaim, spending more than six years on the New York Times Bestsellers list, with over 32 million copies sold in 51 languages across more than 109 countries.
Kiyosaki notes that people often use excuses to avoid investing, which he classifies as 'poor people's' mindset. For example, he mentioned that when bitcoin was $76,000, people often said: 'That's too expensive. I'll wait for the price to drop.' He explained that similar excuses arise when gold is priced at $2,684 an ounce or silver at $32 an ounce.
Emphasizing the importance of owning assets rather than waiting for prices to drop, Kiyosaki remarked:
Prices will go down ... But just the prices alone do not make you wealthy. Ultimately, what makes a rich person wealthy is how many coins or ounces they have in their possession.
His approach shows that waiting for ideal price levels can hinder wealth building. Instead, he advocates for steadily accumulating assets like bitcoin, gold, and silver, regardless of market fluctuations.
'I started buying silver at $1 an ounce. Now I have thousands of ounces. I continued buying at $32 an ounce. The same goes for gold and bitcoin. I bought my first bitcoin at $6,000 and I continue to buy at $76,000,' the famous author shared.
Reinforcing his message, he added: 'Remember, while the price of each coin is important ... ultimately, it’s the quantity of money, gold, silver, or bitcoin that you have ... That is more important than the price of each coin.' Advising investors to convert fiat currencies, which he calls 'fake money,' into 'real money' assets like gold, silver, and bitcoin, he urged: 'Keep trading fake money ... for real money and you will be richer. Good luck.' He remarked: 'I wish I had bought bitcoin at $10 each ... but I didn’t. I started buying at $6,000 and I’m glad I did.'
The author of Rich Dad Poor Dad further shares:
Today I own a total of 73 bitcoins. A year from now I intend to own 100 bitcoins ... regardless of the price.
In addition to cryptocurrencies, Kiyosaki revealed: 'I own a lot of income-generating real estate, I own gold producing mines, and I save my profits in bitcoin, gold, and silver ... real money.' He concluded: 'I also wish bitcoin would go back to $10 each ... but 'wishing' has never made the poor richer.'
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