Financial author Robert Kiyosaki has again projected a long-term bullish outlook for Bitcoin while highlighting how the wealthy and poor think.
A few weeks after stating that those who don’t own Bitcoin are losers, Kiyosaki has again identified another mental disparity between the poor and the rich. In a tweet on June 18, the prominent author compared quantity to price and how one’s focus on either would determine one’s financial outcome.
Price Vs Quantity
Having already established that the rich invest in Bitcoin, gold, and silver, while the poor save in “fake” fiat currency, he highlighted another trait that differentiates both factions. According to him, the poor focus on an asset’s price while the wealthy fixate on the quantity they hold.
Although he noted that prices are important, the “Rich Dad Poor Dad” author emphasized the need to prioritize the quantity of Bitcoin, gold, or silver that one has. He suggested that the more of these assets an investor is determined to acquire, the greater their chance of achieving financial freedom.
“While I watch the price of Bitcoin, I focus on how many Bitcoins I own,” Kiyosaki said.
Meanwhile, Kiyosaki revealed that he bought his first Bitcoin at $6,000 and has not looked back since then. Although he did not provide further context on the amount he holds, he wished he had more “fake money” to buy more Bitcoin.
Remarkably, Bitcoin has increased extensively from its first purchase, rallying a staggering 1,646% to its current price. Little wonder, Kiyosaki noted earlier, that Bitcoin made him rich.
Bitcoin Going to $1M By 2030
Furthermore, the financial guru asked a pressing question: “How many ounces of gold, silver, and Bitcoin do you own?” Kiyosaki insisted that the wealthy will be those with the largest stash of Bitcoin, emphasizing the need to consistently expand one’s holdings.
Moreover, Kiyosaki noted that there is a chance that Bitcoin could be trading at $1 million per coin by 2030. Interestingly, he and other industry leaders share the same outlook.
For instance, Binance’s CZ, Ark Invest’s Cathie Wood, and JAN3 CEO Samson Mow have all predicted that Bitcoin would attain a seven-figure valuation, with some expecting it sooner than others.
As a result, Kiyosaki urged those looking to get rich to buy more Bitcoin and focus on how many they own rather than its rapidly changing price. To conclude, the author noted that the quantity you own is more important to your future than Bitcoin’s current price.
At the time of writing, Bitcoin trades at $104,782, nearly 91% away from Kiyosaki’s $200,000 price target by the end of 2025 and 854% off the $1 million valuation projected by 2030.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
