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

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

Daily Hodl2024/11/12 16:00
By: by Daily Hodl Staff
BTC-0.02%TON-0.35%XOLDTOKEN0.00%

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.

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.

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: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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