'Rich Dad Poor Dad' Author Reveals His Bitcoin Holdings and Plans to Buy More BTC
11/09/2024 15:19Major Bitcoin investor Kiyosaki commits to buying more Bitcoin regardless of price
Major Bitcoin investor Kiyosaki commits to buying more Bitcoin regardless of price
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Financial guru and major Bitcoin investor Robert Kiyosaki known for authoring the popular “Rich Dad Poor Dad” book on finance management has published a tweet right before BTC broken out to reach a new historic price peak of $77,252.
He shared some “words and thoughts of a poor person” to talk to his audience about Bitcoin. In particular, Kiyosaki stressed that he continues to buy BTC at the current high prices and intends to buy more within the next year.
Kiyosaki's Bitcoin statement: "I keep buying at $76,000"
The savvy investor, who, according to his current tweet, owns a lot of real-estate that brings him income and owns gold mines, mentioned that the majority of people who prefer not to take risks, now say that Bitcoin, gold, and silver (the three whales that hold the world of finance per Kiyosaki) “are too expensive.”
— Robert Kiyosaki (@theRealKiyosaki) November 9, 2024WORDS & THOUGHTS of a poor person.
1: Bitcoin costs $76,000. “That’s too expensive. II will wait till the price goes down.”
2: Gold is $2684 an ounce. “That’s too expensive. I will wait for the price to come down.”
3. Silver is $32.00 an ounce. “That’s too expensive.…
Bitcoin traded at $76,000 during the week and in the last 24 hours skyrocketed above $77,250, reaching a new record price high. Gold also hit a new ATH recently and is now trading at $2,684 per ounce. Silver is worth $32.00 per ounce. Kiyosaki stated that prices will certainly go down (but hardly to $10 per one Bitcoin, though). However, he says that ultimately it is the total number of assets owned by a person rather than the price you bought them at that is important.
Kiyosaki reveals his holdings; commits to buying more BTC
Kiyosaki revealed that he began to accumulate silver when it traded at $1 per ounce and he continues to buy it now as it has reached $32. The same story is with gold and Bitcoin, which he began to buy when BTC sat at $6,000. He continued to buy it when Bitcoin was worth $76,000 before reaching the most recent all-time high.
The financial guru always refers to Bitcoin, silver, and gold as “real money” as opposed to US dollars that he calls “fake money.” Today Kiyosaki owns 73 BTC worth $5,588,095. In a year from now, Kiyosaki said, he intends to buy more and own 100 Bitcoins “regardless of price.”
Bitcoin has reached a new historic peak after the radical change of the US government leader and also thanks to the interest rate cut facilitated by the Fed Reserve this week.
About the author
Yuri Molchan
Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.
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