'Rich Dad Poor Dad' Author Kiyosaki Gives Lesson on Money as Bitcoin Teases All-Time High
10/29/2024 17:10Robert Kiyosaki, 'Rich Dad Poor Dad' author, delivers words of wisdom as Bitcoin nears price record
Robert Kiyosaki, 'Rich Dad Poor Dad' author, delivers words of wisdom as Bitcoin nears price record
In a recent post, Robert Kiyosaki, author of the best-selling book "Rich Dad, Poor Dad," shared some insights on how money reveals true character. The gist of his message was that wealth makes your existing traits more obvious.
So whether you are greedy, kind or intelligent, those traits will be spotlighted when you have more resources. The underlying wisdom, according to Kiyosaki, is that smarter money management leads to greater wealth, while bad habits can lead to losses.
WORDS of WISDOM : Money does make you who you are. MONEY REVEALS WHO YOU REALLY ARE: If you are greedy….more money makes you more greedy. If you are kind….more money makes you kinder. If you are stupid with your money…more money makes you poorer. And if you are smarter…
— Robert Kiyosaki (@theRealKiyosaki) October 29, 2024
Kiyosaki's message comes as Bitcoin (BTC) hits the notable $70,000 mark, a major milestone in its price action.
Bitcoin (BTC): Price outlook
Recently, Bitcoin broke through the $69,000 mark, pushing past strong resistance and creating new momentum. This is the first time it has been this high since early June, which is a pretty strong showing for the top cryptocurrency. The digital asset is now just 4.2% below its all-time high of $74,000 per BTC.
While the current market conditions have people thinking that Bitcoin could set new records, there is a notable change in how people feel about the market, with fear and greed starting to heat up and play a role.
Bitcoin's fascinating price performance is driving this, with investors looking at the possibility of a new high if current patterns hold. With only a small percentage to go, Bitcoin's activity is attracting the attention of both veteran investors and newer entrants.
This said, Kiyosaki's timely reminder of financial wisdom and self-awareness could never have been more appropriate in such a changing market climate.
About the author
Gamza Khanzadaev
Financial analyst, trader and crypto enthusiast.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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