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Categories: Bitcoin
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November 13, 2024

Rich Dad Poor Dad Author Doubles Down on Bitcoin Accumulation Spree Till $100,000 – Here’s Why

By Daily Hodl Staff

Rich Dad Poor Dad author Robert Kiyosaki says he plans to continue accumulating Bitcoin (BTC) until it crosses $100,000.

BTC is trading at $87,939 at time of writing.

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The top-ranked crypto asset by market cap set a new all-time high of more than $89,800 on Monday but is down more than 1.3% in the past 24 hours.

On the social media platform X, Kiyosaki says the $100,000 price point is a good place to stop accumulating because it is “not a time to get greedy.”

“Always remember….hogs get fat…pigs get slaughtered. Don’t be a pig.”

However, Kiyosaki also recently noted that price is not his top concern when he wants to accumulate an asset.

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The best-selling author argued that the amount of assets he owns is much more important to him because that’s “what makes a rich person rich.”

“I started buying silver at $1 an ounce. Now I have thousands of ounces. I keep buying at $32 an ounce.

The same is true for gold and Bitcoin.

I bought my first Bitcoin at $6,000 and I continue to acquire at $76,000.

Remember, while price per coin is important, ultimately it’s the number of coins, gold, silver, or Bitcoin that are yours that count more importantly than the price per coin.” 

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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