Robert Kiyosaki, author of “Rich Dad Poor Dad,” a book on financial freedom and investing known for his famous book, “Rich Dad Poor Dad,” described Bitcoin surpassing $120,000 as a major gain for existing investors in a social media post. However, he emphasized that those who haven’t yet invested are about to miss out on this opportunity.
Robert Kiyosaki: “Bitcoin Exceeds $120,000, Those Who Don’t Act Are Missing the Opportunity”
Kiyosaki stated that he would buy another Bitcoin, but he wouldn’t buy more until the global economy’s direction became clearer. He also issued a warning to investors: “Those who are greedy often lose in the market.”
Addressing those who haven’t yet invested in Bitcoin, Kiyosaki emphasized that large sums of money aren’t necessary to get started, saying, “You can even start with one Satoshi (0.00000001 BTC).” Encouraging small investors with this advice, Kiyosaki stated that gradual accumulation over time makes more sense.
Kiyosaki also noted in his post that famed investor Warren Buffett currently has $350 billion in cash reserves. He believes Buffett is likely looking for opportunities to buy high-quality assets cheaply after a global market correction or crash.
Robert Kiyosaki has long expressed his belief in decentralized or limited-supply assets like Bitcoin, gold, and silver. In the face of inflation, interest rates, and global debt crises, he advises investors to turn to instruments that “preserve the purchasing power of money.”
These statements by Kiyosaki are considered both a warning and an opportunity message to individual investors at a time when Bitcoin is reaching new highs.