Robert Kiyosaki’s goal is to own 100 Bitcoin by 2025. He currently has 73 and keeps buying more and he has made a tweet claiming he is not waiting for prices to drop like “a poor person” who waits for things to get cheaper. He believes real wealth comes from investing consistently over time.
Kiyosaki started his investment journey with silver. When he first started buying silver, it cost only $1 per ounce. Over the years, the price of silver has pumped up, and now it’s worth $32 per ounce. He never stopped when it started increasing, he continued to buy silver. This is the key lesson he wants people to understand: don’t wait for prices to drop. Instead, keep buying and gradually accumulating more over time, no matter whatever the price is.
Kiyosaki’s Bitcoin Plan
This same works with Bitcoin too. He bought his first Bitcoin when it was at $6,000 per coin. Now, Bitcoin is worth around $76,000 per coin, but Kiyosaki hasn’t stopped buying. His plan is to keep buying more Bitcoin and to own 100 Bitcoin by 2025, no matter what the price is. For him, it’s not about getting Bitcoin at a cheap price, but about how many bitcoins he could own.
Kiyosaki’s approach to investing just doesn’t apply to Bitcoin. He also invests in gold and silver, which he considers real money. In addition, Kiyosaki has built a solid investment portfolio that includes income producing real estate and gold producing mines. By having a mixture of assets, he’s able to grow his wealth in different ways.
Kiyosaki’s Approach to Wealth
Kiyosaki agreed that he wishes he had bought Bitcoin when it was only $10 per coin. But instead of focusing on what could have been done, he stressed that waiting for lower prices doesn’t make anyone richer. He started buying Bitcoin at $6,000 per coin, and he’s glad that he did. According to him whether it’s Bitcoin, gold, silver, or real estate, the key to building wealth is to own as many of these assets as possible, for the longer term.
As Kiyosaki said, the key to financial success is not to wait for prices to drop but to consistently invest and build the holdings over time.
