Robert Kiyosaki Buys More Bitcoin at $107,000, Eyes $1 Million

Robert Kiyosaki, renowned author of Rich Dad Poor Dad, has once again captured attention in the cryptocurrency sphere with his recent tweets. He revealed that he purchased more Bitcoin, despite the price being around $107,000. Kiyosaki acknowledged the risk involved, stating, “I realize I could be wrong and a sucker.” However, he expressed a preference for being a sucker over missing out if Bitcoin reaches $1 million.

This is not the first time Kiyosaki has voiced his opinions on Bitcoin. He admitted to being late to the Bitcoin party, buying his first BTC at $6,000, which he then considered expensive. Reflecting on that purchase, he said, “At $6,000, I thought it was expensive. Today, I think $107,000 is expensive too – but I’m still buying.” He believes that in the future, he will look back and wish he had bought more at the current price.

For Kiyosaki, investing in Bitcoin is not just about the numbers; it’s about mindset. He has experienced both gains and losses throughout his life and views these experiences as part of the learning process. He is comfortable taking risks as long as he believes in the potential upside. This mindset, he believes, gives him an edge and is something he encourages others to adopt.

Kiyosaki also discussed his initial hesitation to invest in Bitcoin, attributing it to his lack of understanding of modern money. Once he learned more about fiat currencies and government money printing, he became a firm believer in Bitcoin as a hedge. Now, he is thinking long-term and believes that Bitcoin has the potential to reach $1 million. Even if that means taking a chance today, he is willing to do so.

His advice to others is to think for themselves and make their own decisions. He emphasizes the importance of believing in something and acting on that belief. “That’s life,” he wrote. “That’s called wisdom and experience – which can be priceless.”

With Bitcoin gaining more institutional support and mainstream adoption growing, Kiyosaki’s prediction of $1 million may seem bold but is not as far-fetched as it once was. Whether one agrees with him or not, his words reflect the growing belief that Bitcoin is no longer a fringe investment but a serious long-term play for investors worldwide.