Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has made a significant announcement on the X platform (formerly Twitter), revealing his substantial cryptocurrency holdings of 73 Bitcoin.
In a bold declaration on X of his investment strategy, Kiyosaki has set an ambitious target to acquire 100 Bitcoin within the next year, regardless of market price fluctuations.
This revelation comes at a time when Bitcoin is trading at approximately $76,639.41, with a market capitalization of $1.5 trillion and a circulating supply of 20 million BTC, demonstrating a robust 10.08% increase over the past week.
Investment Philosophy and Perspective on Price Points
Kiyosaki’s post addressed what he terms the “WORDS & THOUGHTS of a poor person,” challenging common hesitations about investing at current price points.
He specifically addressed concerns about Bitcoin at $76,000, gold at $2,684 per ounce, and silver at $32.00 per ounce, arguing against the mindset of waiting for lower prices.
Drawing from his personal experience, Kiyosaki shared that he began his Bitcoin investment journey when the price was $6,000 and continues to acquire more even at current prices around $76,000.
This approach emphasizes his belief that accumulation of assets is more crucial than timing the market for the lowest price.
Diversification Strategy and Asset Accumulation
The financial author revealed a comprehensive investment portfolio that extends beyond cryptocurrency.
His strategy includes ownership of income-producing real estate, gold-producing mines, and consistent accumulation of what he terms “real money” – Bitcoin, gold, and silver coins.
Kiyosaki’s approach to silver investment, which he started buying at $1 per ounce and continues to purchase at $32, illustrates his long-term accumulation strategy.
He emphasizes that true wealth is measured not by the price paid per unit but by the total quantity of assets under one’s control.
Market Analysis and Investment Wisdom
Kiyosaki’s message culminates in practical investment wisdom, emphasizing the futility of wishing for lower prices or regretting missed opportunities.
He acknowledges his own missed opportunity to buy Bitcoin at $10 but focuses instead on the value created by taking action at $6,000.
The current market data supports his investment thesis, with Bitcoin showing strong performance indicators including a 0.88% increase in 24-hour trading volume of $33.7 billion.
His advice to “keep trading fake money for real money” encapsulates his investment philosophy, suggesting that consistent acquisition of tangible assets and cryptocurrencies is a path to building wealth, regardless of entry price points.