Rich Dad Poor Dad author Robert Kiyosaki has expressed caution for those who haven’t yet invested in Bitcoin. He just bought another Bitcoin but said that he is not buying anymore until he sees how the market plays out. He is still bullish on BTC and suggested that even the smallest purchase—a single Satoshi—could be a wise move.
Kiyosaki’s Cautionary Note, When Will He Buy Again
While Robert Kiyosaki is enthusiastic about Bitcoin’s potential, he also warns against reckless investing. He views Bitcoin’s new all-time high as a remarkable milestone for current holders, while seeing it as a missed opportunity for those who haven’t yet invested in the crypto. He noted, “Great news for those who already have some Bitcoin. Bad news for who….for what ever reason….never “pulled the trigger.” They own nothing.”
In a previous post, Kiyosaki called himself a “fat pig” who is content with his current investment strategy. As CoinGape reported, he predicted that BTC is entering a Banana Zone, a term coined by Raoul Pal.
At the same time, he cautioned against aggressively accumulating the pioneer crypto, adding that such moves could have serious consequences.
Explaining his own investment strategy, Kiyosaki noted, “I will not buy any more….until I know where the economy is going.” This cautious approach is reminiscent of his famous phrase “Pigs get fat…. Hogs get slaughtered,” highlighting the importance of prudent investing.
Robert Kiyosaki Urges to Invest in Bitcoin
Amid Bitcoin’s current bull run, Robert Kiyosaki encourages newcomers to begin their BTC journey with a minimal investment of one Satoshi. With his signature blend of optimism and pragmatism, Kiyosaki shared his own strategy and insights on the current market, sparking a fresh wave of interest in BTC investing. In an X post, he wrote, “If you have not begun acquiring BITCOIN….I suggest starting very small….starting with a Satoshi.”
To reaffirm his bullish bitcoin bet, he bought 1 more Bitcoin at $120k.
In a surprising development, the BTC price hit $119,292 yesterday, marking an all-time high. Sparking even more interest, Bitcoin has continued its bullish rally, now reaching another new all-time high of $122.2K. As CoinGape reported, why Bitcoin is up, it is driven by a combination of factors, including Trump’s tariffs, robust ETF performance, and substantial accumulation by Bitcoin treasury companies.
In conclusion, Robert Kiyosaki’s optimistic yet cautious approach to Bitcoin investing serves as a reminder to approach the crypto market with prudence and strategic thinking. As BTC continues to break new records, Kiyosaki’s insights offer valuable guidance for both seasoned investors and newcomers looking to navigate the complex world of crypto.
Nynu V Jamal
Nynu V Jamal is a Senior Journalist at CoinGape. She boasts more than 3 years of experience in content writing, with expertise in crypto and blockchain. She has contributed to platforms like CoinEdition and CryptoTale, demonstrating her proficiency in navigating the dynamic crypto landscape.
Beyond her journalistic pursuits, Nynu is a literary enthusiast, having served as an Assistant Professor of English Language and Literature. She is a Master’s degree holder in English Literature and a UGC NET qualifier. Her academic background has enabled her to publish research papers on literature, while also nurturing her creative side as a published poet.
Her creative side extends to music, crafts, and art, which she actively explores. Her unique blend of analytical and creative skills allows her to craft engaging stories that captivate audiences. Stay updated with Nynu on LinkedIn
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Source: https://coingape.com/not-buy-anymore-bitcoin-robert-kiyosaki-btc-price-reaches-123k/