Robert Kiyosaki, the author of the famous book “Rich Dad Poor Dad,” is doubling down on his Bitcoin (BTC) investment. He plans to keep buying Bitcoin until it hits $100,000, even though it’s already trading at a record high.
Why $100,000?
Kiyosaki believes that $100,000 is a good stopping point for his Bitcoin accumulation. He says it’s important to be careful and not get greedy. He uses a simple analogy: “Hogs get fat…pigs get slaughtered. Don’t be a pig.”
It’s Not Just About the Price
While the price of Bitcoin is important, Kiyosaki emphasizes that the number of coins you own is even more crucial. He explains that a rich person is rich because of the amount of assets they own, not just the price per asset.
He uses his own investment strategy as an example: He started buying silver at $1 an ounce and continues to buy it even though it’s now $32 an ounce. He applies the same logic to gold and Bitcoin, emphasizing that he’s more focused on owning a large number of coins than the price per coin.
A Word of Caution
It’s important to remember that Kiyosaki’s views are his own and not financial advice. Investing in Bitcoin is risky, and you should always do your own research before making any investment decisions.
