Robert Kiyosaki’s Path to 100 Bitcoin: The Strategy Behind His Bold Investment Goals
Robert Kiyosaki, well-known for his influential book Rich Dad Poor Dad, has a straightforward strategy: accumulate assets with lasting value.
The 77-year-old investor holds 73 Bitcoin (BTC) and aims to reach 100 BTC by the end of 2024. His stance on Bitcoin, Gold, and Silver is rooted in a belief that these assets preserve wealth better than fiat currency, which he views as increasingly devalued by central banks.
Kiyosaki’s approach is informed by his skepticism of traditional financial systems, which he claims “make people poor” by eroding purchasing power. Instead, he advocates for decentralized assets like Bitcoin, which he believes can safeguard financial independence. “The Fed can print money, but it can’t print gold, silver, or Bitcoin,” Kiyosaki has said, summarizing his belief in assets that hold intrinsic value.
Kiyosaki’s Perspective: Focus on Quantity, Not Price
In a recent post on X (formerly Twitter), Kiyosaki shared his investment philosophy, which emphasizes building wealth through asset quantity rather than obsessing over price levels. Reflecting on Bitcoin’s recent highs of around $77,000, he warned against hesitating to buy just because of high prices. “Prices will come down… but prices alone do not make you rich. What makes a rich person rich is how many coins or ounces they control,” he wrote.
In the tweet, Kiyosaki highlighted what he sees as the mistake many investors make: waiting for “better” prices, thereby missing long-term growth. His advice? Don’t let price fluctuations deter you from accumulating assets with real potential. For Kiyosaki, the path to wealth is about consistently adding to one’s holdings rather than timing the market.
Tweet:
“Bitcoin costs $76,000. ‘That’s too expensive. I will wait till the price goes down.’ Gold is $2684 an ounce. ‘That’s too expensive. I will wait for the price to come down.’ Silver is $32 an ounce. ‘That’s too expensive…’”
— Robert Kiyosaki (@therealkiyosaki), November 9, 2024
Kiyosaki points out that Silver, now at $32, was once just $1 per ounce—yet he is still buying. Similarly, he first bought Bitcoin at $6,000, a far cry from today’s price. His core message is clear: “It’s not about the price at which you start, but about building real control over valuable assets.”
A Strategy Centered on Accumulation, Not Trading
Kiyosaki’s buying strategy is simple but unconventional—buy assets with enduring value and ignore market timing. In another tweet, he remarked, “Wishing has never made poor people richer.” He sees waiting for the “perfect price” as a common error, especially for those investing in assets with long-term growth potential, such as Bitcoin, Gold, and Silver.
To underscore his strategy, Kiyosaki shared his journey with Bitcoin. Despite having missed buying at $10, he bought BTC when it reached $6,000. Now, with Bitcoin at $76,000, he continues adding to his holdings, reinforcing his view that waiting for ideal conditions is often a lost opportunity. He sees Bitcoin, like Gold and Silver, as a hedge against financial instability, believing that these assets will maintain value when traditional currencies falter.
- Kiyosaki’s Core Strategy:
- Don’t wait for a “better” price—focus on consistent accumulation.
- Wealth is built by controlling quantities of assets, not by short-term trading.
- Real assets, not fiat currency, offer resilience in an uncertain economy.
Could Kiyosaki’s Strategy Pay Off?
Kiyosaki’s investment approach is about building long-term security rather than short-term profit. His focus on real assets appeals to those wary of central bank policies and inflation’s impact on fiat value. By consistently accumulating Bitcoin, Gold, and Silver, Kiyosaki aims to mitigate risks associated with government-controlled currency systems, often referred to as the “Everything Bubble.”
Not all analysts agree with Kiyosaki’s strategy of buying without regard for price. Many investors prefer a “buy low, sell high” approach to maximize gains. However, Kiyosaki argues that his method isn’t about trading profits but about securing financial freedom. “I too wish Bitcoin was back to $10 a coin…. but ‘wishing’ has never made poor people richer,” he wrote, highlighting his view that action, not waiting, is what leads to financial security.
Tweet:
“I too wish Bitcoin was back to $10 a coin…. but ‘wishing’ has never made poor people richer.”
— Robert Kiyosaki (@therealkiyosaki)
As Kiyosaki works toward his goal of holding 100 BTC by the end of 2024, his strategy reflects a conviction that assets with real value are crucial for financial resilience. Whether his approach will be widely adopted remains to be seen, but his focus on asset control over market timing offers a compelling alternative to conventional investing strategies.
Sidebar rates
Related Posts
XM
Best Forex Brokers
