As a seasoned researcher with extensive experience in financial markets and a keen eye for trends, I find myself captivated by Robert Kiyosaki’s latest insights on Bitcoin. Having witnessed his remarkable success in real estate and precious metals, it’s fascinating to observe him diving into the world of digital currencies.
As a researcher delving into the dynamic world of cryptocurrencies, I find myself intrigued by the recent tweet from financial guru and renowned Bitcoin investor, Robert Kiyosaki, author of the widely-read “Rich Dad Poor Dad” on personal finance. His tweet was posted just before Bitcoin surged to a fresh historic high 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”
A shrewd investor, as indicated by his recent tweet, possesses substantial real estate properties generating income and gold mines. He has expressed that many individuals who typically avoid risk now find that Bitcoin, gold, and silver – often referred to as the financial giants by Kiyosaki – are deemed “overpriced.
1: “Bitcoin’s cost of $76,000 is beyond my budget right now. I’ll hold off until the price drops.
— Robert Kiyosaki (@theRealKiyosaki) November 9, 2024
During the past week, Bitcoin’s value soared to approximately $76,000 and has since surged beyond $77,250 in the last 24 hours, setting a fresh record high. Gold likewise achieved a new all-time high and is currently trading at about $2,684 per ounce. As for silver, it’s priced at around $32.00 per ounce. Kiyosaki suggests that prices may drop, though not to the extent of $10 per Bitcoin. However, he emphasizes that the total amount of assets a person owns, rather than the price they initially paid, holds greater significance in the long run.
Kiyosaki reveals his holdings; commits to buying more BTC
Robert Kiyosaki shared that he started investing in silver when it cost around $1 per ounce and has continued to purchase it as its price has risen to $32. Similarly, his investment strategy for gold and Bitcoin involved buying them at lower prices – initially when Bitcoin was valued at $6,000 and later even when its worth reached $76,000 before hitting the recent peak.
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 hit a fresh all-time high following the shift in U.S. leadership and due to the Federal Reserve’s decision to lower interest rates this past week.
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2024-11-09 11:25