The post Robert Kiyosaki’s Strategic Plan To Acquire BTC: He Will Stop Buying After This Point appeared first on Coinpedia Fintech News
Robert Kiyosaki, the Rich Dad Poor Dad Author, and one of the vocal Bitcoin advocates, in a latest X post, has revealed his Bitcoin plan.
Kiyosaki To Buy BTC Until This Point
In his post, he noted that Bitcoin is over $88,000 and revealed that he will keep buying more Bitcoin till it passes $100,000 and will stop after that. “Not a time to get greedy,” he noted.
While investors might get lured to sell off at these huge levels, Kiyosaki while seeing the opportunity, also notes the point at which discipline overrules excitement.
Kiyosaki’s Bitcoin Advice
Earlier this month, Kiyosaki shared his thoughts on the mindset of some investors who view Bitcoin’s rising price as “too expensive.” Speaking figuratively, he explained:
In a previous post, the Bitcoin advocate had shared “words and thoughts of a poor person.”He noted how people tend to think that the current prices are too expensive and then decide to wait till the price comes down. He expressed that prices will come down, but prices alone do not make a person rich. “Ultimately what makes a rich person rich is how many coins or ounces a person has in their control,” he noted.
Kiyosaki Reflects On His Journey, Shares Words Of Wisdom
He reflected on his journey as to how he started buying silver at 1 dollar an ounce. Now he has thousands of ounces and now he keeps buying at $32 an ounce. He noted that the same applies to Bitcoin and Gold as well.
While he bought his first Bitcoin at $6,000, he continues to acquire at $76,000. He advised his followers to keep trading fake money for real money to get richer. While he wishes that he had bought Bitcoin at $10 per coin, he is still glad that he did start buying at $6,000.
“While price per coin is important, ultimately it’s the number of coins, gold, silver, or Bitcoin that are yours,” the expert noted.
‘Wishing Will Never Make You Richer’
He revealed that currently, he owns 73 whole Bitcoins. A year from now he intends to own 100 Bitcoins regardless of its price. He also disclosed that while he owns a lot of income-producing real estate and gold-producing mines, he saves his profits in Bitcoin, gold, and silver coins, which he terms as ‘Real money’. He concluded by sharing that while he also wishes Bitcoin was back to $10 a coin, ‘wishing’ has never made poor people richer.
Bitcoin has been trading with a significant surge in its price and is currently trading around $86,985, up over 5% in the last 24 hours. It has now also surpassed silver to become the 8th largest asset in the world as its $1.752 trillion market capitalization crossed silver’s $1.726 trillion.