Robert Kiyosaki shares the price level at which he will stop buying bitcoin, emphasizing discipline over greed as the market heats up.
When to Stop Buying Bitcoin — Robert Kiyosaki Shares His Price Threshold
Robert Kiyosaki, author of the financial classic Rich Dad Poor Dad, has shared his guidance on investing in bitcoin, including advice on when to stop accumulating the crypto. Rich Dad Poor Dad, a 1997 book co-authored by Kiyosaki and Sharon Lechter, has earned global acclaim, spending over six years on the New York Times Best Seller list, with over 32 million copies sold across 51 languages in more than 109 countries.
The famous author shared on social media platform X on Tuesday his plan to continue purchasing bitcoin until its price reaches $100,000, at which point he intends to pause further investments. He wrote:
I will keep buying more bitcoin till it passes $100,000. Then I will stop. Not a time to get greedy.
Cautioning against impulsive behavior in volatile markets, he added: “Always remember … hogs get fat … pigs get slaughtered. Don’t be a pig.” Kiyosaki’s advice highlights a disciplined, long-term investment approach he’s followed for years.
The famous author disclosed on Friday that he currently holds 73 bitcoins and plans to reach 100 within a year, regardless of price fluctuations, while warning against waiting for price drops, which he describes as a “poor person” mindset. According to Kiyosaki, wealth is not in timing the market but in consistently acquiring assets.
Alongside cryptocurrency, he invests in gold, silver, and income-producing real estate, all of which he considers tangible assets. He regularly encourages followers to exchange fiat currency, which he calls “fake money,” for these “real money” investments. Reflecting on missed chances, he said: “I wish I had bought bitcoin at $10 per coin … but I didn’t.” Instead, the Rich Dad Poor Dad author advocates steady action, reminding investors that owning valuable assets is what ultimately creates financial security.
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