The Fear of Making Mistakes (FOMM) Is Holding You Back From Bitcoin

Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, has once again made a strong case for why some people remain financially stagnant while others build wealth.

Recent events, including the ongoing tariff war, the Federal Reserve pausing interest rates for the second time, and global economic uncertainties, have created a chaotic scene in the crypto space, leaving investors at a crossroads—invest, sell, or stay firm.

While many factors contribute to the financial decisions people make, one expert believes a lack of education is to blame, and his words offer an enigmatic eye-opener for those who are dealing with the fear of missing out.

Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, has once again illuminated the disparity in financial outcomes, highlighting why some people remain stagnant while others build wealth. According to Kiyosaki, it’s not just Fear of Missing Out (FOMO) that holds people back, but something deeper—Fear of Making Mistakes (FOMM). He explained that this fear keeps many from taking advantage of life-changing financial opportunities, particularly Bitcoin.

"Most people invest blindly, relying on social media, friends or the financial news to tell them what to invest in. They open a trading account and start buying and selling stocks, forex or crypto without doing any research. This thinking makes investing into gambling. People lose money because they invest blindly or in fear. I hope you can see the difference.

People say I’m a Bitcoin bull. Yes, I like, no, I love, admire and respect Bitcoin. In fact, I believe it’s one of the biggest wealth-building opportunities in history. Yet, I believe many will miss this opportunity because of their fear of making a mistake—FOMM. When Bitcoin hits $200,000, the naysayers will say, ‘It’s too expensive.’ They said the same thing when it was $10,000, $20,000 and beyond. But those who understand its long-term value will continue to buy and hold, setting themselves up for generational wealth.

People are programmed to avoid mistakes, especially in school. If you get a question wrong, the teacher marks it wrong. If you fail a test, you repeat the year. This thinking creates fear of making a decision or investing in something new. But in real life, mistakes are how we learn best. Babies learn to walk by falling over and trying again. If schools had to teach babies how to walk, they’d never learn. Yet, many highly educated people remain financially poor despite their intelligence. This is because they were taught to avoid mistakes, which ultimately led them to make the biggest financial mistake of all—staying in the system and hoping for a handout.

The best financial education doesn’t come from schools or Wall Street. It comes from YouTube, independent thinkers and self-directed learning. Take control of your financial future today. Don’t rely on outdated traditional education systems to guide you. The best financial lessons are available for free if you know where to look. Start learning and investing in yourself and your financial well-being now.

President Trump shutting down the Department of Education. He is draining the swamp of filled with slithering Marxists.

God bless him.

suggest that people who grew up poor often lack disposable income, work multiple jobs just to get by, and don’t have the time or insider access to research investments. While Bitcoin did make early adopters rich, he cautions against selling false hope, noting that not everyone can afford to take financial risks when survival is the priority.

“To those struggling to put food on the table, buying high-risk crypto is an impossibility. It's an endeavor reserved for those with a safety net and the stomach for volatility. Let's be mindful of the varied starting lines in this financial race, and the varied burdens we carry.”

As the crypto markets continue to be volatile, investors are weighing the risks and rewards of their investment decisions carefully. With the recent events unfolding, the coming months will be crucial in determining the direction of the crypto markets and the financial well-being of investors.