Robert Kiyosaki Buys Bitcoin at $110,000, Predicts $1 Million Future

Robert Kiyosaki, the author of "Rich Dad Poor Dad," recently revealed that he purchased Bitcoin at $110,000, aligning with analyst Raoul Pal's prediction of the market entering the "Banana Zone." This zone is marked by a surge of speculative investors driven by the fear of missing out (FOMO), which Kiyosaki compares to a contagious disease. He cautions that latecomers chasing price spikes are likely to suffer losses, creating opportunities for more disciplined investors.

Kiyosaki's investment philosophy centers on the idea that profit is made at the point of purchase, not at the point of sale. He is confident that current high prices will seem inexpensive in the future, given his long-term belief that Bitcoin could reach $1 million per coin. This perspective allows him to justify buying Bitcoin at elevated prices, despite acknowledging the risk of being "a sucker."

Kiyosaki's investment strategy is encapsulated in his famous lesson: "PIGs get fat. HOGs get slaughtered." He plans to wait for speculative investors to enter at higher prices before selling, thereby blaming Bitcoin for their losses and creating future buying opportunities. His strategy is not just about making a profit but also about learning from the market and understanding the dynamics of modern money.

Kiyosaki's journey with Bitcoin began at $6,000 per coin, which he initially considered expensive. He expressed regret about waiting too long to understand "today’s modern money" before making his first purchase. He projected that reaching $1 million per Bitcoin would make him regret not buying more at current price levels. The author encouraged readers to accumulate Bitcoin, even if they can afford only one Satoshi today, believing they will wish they had bought more within five years.

Kiyosaki's approach to wealth management is deeply rooted in his broader financial education principles about asset accumulation and market timing. He positions Bitcoin purchases as learning experiences rather than speculative trades. His public disclosure of purchase prices provides transparency about his conviction levels and market timing decisions. Kiyosaki advised readers to "think for yourself… do not listen to my ramblings" while sharing his investment rationale. He emphasized that his financial position allows him to absorb potential losses that others might find devastating.