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Cryptocurrency News Articles

Robert Kiyosaki Plans to Continue Accumulating Bitcoin (BTC) Until Its Value Reaches US$100,000

Nov 14, 2024 at 11:08 pm

The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has again shown his strong trust in Bitcoin (BTC).

Robert Kiyosaki Plans to Continue Accumulating Bitcoin (BTC) Until Its Value Reaches US$100,000

Best-selling book author Rich Dad Poor Dad, Robert Kiyosaki, once again showed his strong trust in Bitcoin (BTC). In his latest statement, Kiyosaki revealed his plan to continue accumulating Bitcoin until its value reaches 100,000 US dollars (around Rp1.58 billion) per coin.

Currently, BTC is trading at a price of 87,939 US dollars (approximately Rp1.39 billion) and has just set an all-time high of 89,800 US dollars (approximately Rp1.42 billion).

Through social media platform X, Kiyosaki insists that 100,000 US dollars is the ideal price for him to stop buying Bitcoin, because he believes at this point, it is not wise to act greedy. Always remember… full pigs will survive… while greedy pigs will be slaughtered. Don't be greedy pigs, he wrote, reminding his followers to remain wise in investing.

However, for Kiyosaki, prices are not the main factor in accumulating assets. According to him, what is more important is the amount of assets owned, not the price per unit. This veteran writer and investor mentions that the accumulation of continuous assets, be it gold, silver, or Bitcoin, is what makes a person truly rich.

He gave an example of his personal experience when he first bought Bitcoin at a price of 6,000 US dollars (around Rp. 95 million), and continued to add to his portfolio even when the price of BTC touched US$76.000 (around Rp1.2 billion) per coin.

Kiyosaki also shared his principles regarding long-term investments. He bought silver for the first time when it cost only 1 US dollar (Rp15,800) per ounce, and now he has thousands of ounces collected even as the price rose to 32 US dollars (around Rp505,600) per ounce. With this consistent investment pattern, Kiyosaki believes that asset ownership is the most important compared to the instantaneous value of the asset.

News source:voi.id

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