Renowned investor and author Robert Kiyosaki has set a goal of acquiring 100 Bitcoins by 2025, regardless of the cryptocurrency’s fluctuating price.
What happened: In a post on He has said he doesn’t wait for a price drop to invest, a mentality he equates to “a poor person.”
He also said his investing journey started with silver, which he started buying when it was priced at $1 an ounce. Despite the price increase to $32 per ounce, he continued to invest.
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He uses the same strategy with Bitcoin, having made his first purchase when it was valued at $6,000. Even with Bitcoin’s current valuation hovering around $76,000, Kiyosaki remains steadfast.
His investing interests are not limited to Bitcoin. Kiyosaki also invests in gold, silver, income-producing real estate and gold-producing mines. He advocates a diversified portfolio as a means to grow wealth in different ways.
While Kiyosaki regrets not investing in Bitcoin when it was as low as $10 per coin, he underlines the importance of making regular investments over time, rather than waiting for prices to drop.
His strategy is to accumulate as many assets as possible for the long term, seeing this as the fundamental principle of wealth creation.
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Why it matters: Kiyosaki’s investment strategy emphasizes the importance of consistent investments and diversification. His approach of not waiting for price drops to invest, but rather focusing on long-term asset accumulation, offers a different perspective on wealth creation.
