Bitcoin is seen as the simplest and most effective way to create millions according to Robert Kiyosaki.
He believes Bitcoin is not like traditional high-risk investment channels but rather a sustainable wealth-building asset over time with a long-term holding method.
MAIN CONTENT
Bitcoin makes it easier for Kiyosaki to earn millions compared to real estate.
Many people are not rich because they lack knowledge, fear, and choose the wrong time to invest in Bitcoin.
Kiyosaki expects Bitcoin to reach $250,000 by 2025 and $1 million by 2030.
What strategy helped Robert Kiyosaki create millions from Bitcoin?
Kiyosaki reveals how he earned his first million from real estate over many years, filled with risks and pressures. But with Bitcoin, everything changes completely as he only needs to make a small investment and hold long-term.
He describes Bitcoin as the easiest investment in life, without complex management or the pressure of frequent trading. Just hold the asset, and its value will naturally increase over time.
Bitcoin is the pressure-free path to earning millions, completely different from the exhaustion I experienced in real estate before.
Robert Kiyosaki, author of Rich Dad Poor Dad, 2023
Why isn't everyone getting rich from Bitcoin?
Robert Kiyosaki believes the main reason is the lack of in-depth knowledge about Bitcoin and its potential. Many people still do not fully understand how it operates and its long-term value appreciation.
On the other hand, the fear and doubt caused by significant price fluctuations and negative news have prevented many from investing early. Additionally, the habit of buying during peaks and panic selling during market declines has eroded profits.
In particular, short-term thinking leads many investors to treat Bitcoin like a fast-trading stock, overlooking its long-term growth potential.
What makes Bitcoin a 'masterpiece' asset according to Kiyosaki?
Kiyosaki calls Bitcoin a 'pure masterpiece' of Satoshi Nakamoto, thanks to its limited supply design, independence from banks, and high security. This is a rare asset that can create significant value without complex management.
Unlike traditional investments, Bitcoin only needs to be bought and held long-term, allowing investors to leverage the power of time alongside the global growth trend of cryptocurrencies.
What does Kiyosaki forecast about the Bitcoin situation and 'August sorcery'?
Despite being optimistic, Kiyosaki warns about 'August sorcery' – the phenomenon of Bitcoin usually decreasing in price every August. The current BTC price of around $112,000–$114,000 could drop below $90,000, which presents a buying opportunity.
He plans to increase his holdings from 73 BTC to 100 BTC before the end of the year, applying a simple 'buy and hold' strategy. Kiyosaki expects Bitcoin to reach $250,000 by 2025 and $1 million by 2030.
Every short-term dip is just an opportunity to accumulate and gather cryptocurrency for effective passive asset creation.
Robert Kiyosaki, 2023
Frequently asked questions
How does Bitcoin really help earn millions?
Bitcoin is viewed as a strong long-term growth asset, requiring only a small investment and holding, with value increasing over time to create millions without complex operations.
Why are many people investing in Bitcoin but not getting rich?
Lack of knowledge, fear of volatility, poor timing, and short-term investment mentality have caused many to miss long-term growth opportunities.
What does Kiyosaki predict about Bitcoin's price in the future?
He expects Bitcoin to reach $250,000 by 2025 and possibly hit $1 million before 2030.
What is Kiyosaki's Bitcoin investment strategy?
The main strategy is to buy when prices are low, hold long-term, trade less, and leverage the power of time.
"August sorcery" is what and how does it affect Bitcoin?
"August sorcery" refers to the phenomenon of Bitcoin tending to decrease in price during August, seen as a buying opportunity for patient investors.
Source: https://tintucbitcoin.com/bitcoin-kiyosaki-noi-tien-dien-tu-de-giau/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated on the latest news about the cryptocurrency market and not miss any important information!
