U.Today – Finance guru and major investor Robert Kiyosaki, known for authoring the popular book “Rich Dad Poor Dad” on financial management, posted a tweet just before BTC exploded to a recent all-time price high of $77,252.
He shared some “poor man’s words and thoughts” to talk to his audience about Bitcoin. In particular, Kiyosaki emphasized that he continues to buy BTC at current high prices and intends to buy more over the next year.
Kiyosaki’s Bitcoin Statement: “I’m Buying at $76,000”
The seasoned investor, who, according to his current tweet, owns multiple income-producing properties and owns gold mines, mentioned that most people who prefer not to take risks currently say that Bitcoin, gold and silver (the three whales that hold the world finances according to Kiyosaki) “are too expensive”.
Bitcoin was trading at $76,000 during the week and has surged above $77,250 in the last 24 hours, reaching a recent all-time high. Gold also recently reached a recent ATH and is currently trading at $2,684 per ounce. Silver is worth $32.00 per ounce. Kiyosaki stated that prices will certainly drop (though not to $10 per Bitcoin). But he says what ultimately matters is the total number of assets a person owns, not the price at which they were purchased.
Kiyosaki reveals his resources; commits to purchasing more BTC
Kiyosaki revealed that he started accumulating silver when the price was $1 an ounce and continued to buy it when the price reached $32. The same story applies to gold and Bitcoin, which he started buying when BTC reached $6,000. He continued buying it when Bitcoin was worth $76,000 before reaching its latest all-time high.
The financial guru always calls Bitcoin, silver and gold “real money”, as opposed to US dollars which he calls “fake money”. Today, Kiyosaki holds 73 BTC worth $5,588,095. Kiyosaki said he intends to buy more in a year and own 100 Bitcoins “no matter the price.”
Bitcoin has hit a recent all-time high following a radical change in U.S. government leadership as well as an interest rate cut facilitated by the Federal Reserve this week.
