Robert Kiyosaki plans to own 100 BTC regardless of price

Source Cryptopolitan

Robert Kiyosaki’s goal is to own 100 Bitcoin by 2025. He currently has 73 and keeps buying more and he has made a tweet claiming he is not waiting for prices to drop like “a poor person” who waits for things to get cheaper. He believes real wealth comes from investing consistently over time.

Kiyosaki started his investment journey with silver. When he first started buying silver, it cost only $1 per ounce. Over the years, the price of silver has pumped up, and now it’s worth $32 per ounce. He never stopped when it started increasing, he continued to buy silver. This is the key lesson he wants people to understand: don’t wait for prices to drop. Instead, keep buying and gradually accumulating more over time, no matter whatever the price is.

Kiyosaki’s Bitcoin Plan

This same works with Bitcoin too. He bought his first Bitcoin when it was at $6,000 per coin. Now, Bitcoin is worth around $76,000 per coin, but Kiyosaki hasn’t stopped buying. His plan is to keep buying more Bitcoin and to own 100 Bitcoin by 2025, no matter what the price is. For him, it’s not about getting Bitcoin at a cheap price, but about how many bitcoins he could own.

Kiyosaki’s approach to investing just doesn’t apply to Bitcoin. He also invests in gold and silver, which he considers real money. In addition, Kiyosaki has built a solid investment portfolio that includes income producing real estate and gold producing mines. By having a mixture of assets, he’s able to grow his wealth in different ways. 

Kiyosaki’s Approach to Wealth

Kiyosaki agreed that he wishes he had bought Bitcoin when it was only $10 per coin. But instead of focusing on what could have been done, he stressed that waiting for lower prices doesn’t make anyone richer. He started buying Bitcoin at $6,000 per coin, and he’s glad that he did. According to him whether it’s Bitcoin, gold, silver, or real estate, the key to building wealth is to own as many of these assets as possible, for the longer term.

As Kiyosaki said, the key to financial success is not to wait for prices to drop but to consistently invest and build the holdings over time.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold posts first weekly gain in three weeks — can $4,200 hold through CPI?Spot gold closed at $4,194.645, up 1.47% — its first weekly gain in three weeks — and COMEX futures settled back above $4,200 at $4,220.30. Here are the drivers, the levels and the scenarios into Wednesday's CPI.
Author  Irene Q.
Yesterday 05: 48
Spot gold closed at $4,194.645, up 1.47% — its first weekly gain in three weeks — and COMEX futures settled back above $4,200 at $4,220.30. Here are the drivers, the levels and the scenarios into Wednesday's CPI.
placeholder
US September CPI preview: inflation set to hit 3.7% — will the Fed hike in December?US September CPI lands Wednesday with headline inflation seen at 3.7% y/y and core at 0.2% m/m. December hike odds sit near 70% — here are the scenarios, the calendar and the key levels.
Author  Irene Q.
Yesterday 03: 23
US September CPI lands Wednesday with headline inflation seen at 3.7% y/y and core at 0.2% m/m. December hike odds sit near 70% — here are the scenarios, the calendar and the key levels.
placeholder
Gold Price Forecast: Gold Rebounds Above $4,200, Can Falling Oil Prices Drive Another Rally?As of Friday (October 9), gold prices (XAUUSD) rebounded noticeably after consecutive declines. During today's Asian session, gold prices briefly rebounded above $4,200, reaching an intra
Author  TradingKey
Oct 09, Fri
As of Friday (October 9), gold prices (XAUUSD) rebounded noticeably after consecutive declines. During today's Asian session, gold prices briefly rebounded above $4,200, reaching an intra
placeholder
Hurricane Isaias has shut in a quarter of Gulf oil output — can WTI clear $92 before Thursday's EIA report?WTI trades at $90.80 after rebounding roughly 3% from Wednesday's $87.96 low as Hurricane Isaias — the Atlantic season's first — forces producers to shut in about 25% of US Gulf of Mexico output. Brent holds at $103.41. The first official read on the disruption arrives with the EIA weekly petroleum report on Thursday 15 October — here are the key levels and both scenarios.
Author  Irene Q.
Oct 09, Fri
WTI trades at $90.80 after rebounding roughly 3% from Wednesday's $87.96 low as Hurricane Isaias — the Atlantic season's first — forces producers to shut in about 25% of US Gulf of Mexico output. Brent holds at $103.41. The first official read on the disruption arrives with the EIA weekly petroleum report on Thursday 15 October — here are the key levels and both scenarios.
placeholder
【Daily Brief】Gold rebounds 1% off a two-month low, Nasdaq drops 1.25% and yields ease — the storm premium keeps WTI near $91Gold trades at $4,174 after rebounding from Wednesday's $4,090 two-month low, the Nasdaq fell 1.25% while the Dow edged higher, and the 10-year Treasury eased to 5.23% from the week's highs. Hurricane Isaias keeps about 25% of Gulf output shut in with WTI near $91, and bitcoin holds below $82,000. The next scheduled tests are the EIA report on 15 October and the FOMC on 27-28 October.
Author  Irene Q.
Oct 09, Fri
Gold trades at $4,174 after rebounding from Wednesday's $4,090 two-month low, the Nasdaq fell 1.25% while the Dow edged higher, and the 10-year Treasury eased to 5.23% from the week's highs. Hurricane Isaias keeps about 25% of Gulf output shut in with WTI near $91, and bitcoin holds below $82,000. The next scheduled tests are the EIA report on 15 October and the FOMC on 27-28 October.
goTop
quote