Robert Kiyosaki says that the poor focus poorly on the price, while the rich look at the amount, projecting Bitcoin to 1 million dollars by 2030
Financial author Robert Kiyosaki has once again projected a long-term bullish outlook for Bitcoin while highlighting how the rich and the poor think.
A few weeks after stating that those who do not own Bitcoin are losers, Kiyosaki has identified another mental disparity between the poor and the rich. In a tweet on June 18, the prominent author compared the amount with the price and how focusing on either of them would determine the financial outcome.
Price Vs Amount
Having already established that the rich invest in Bitcoin, gold, and silver, while the poor save in 'fake' fiat currency, he highlighted another trait that differentiates both factions. According to him, the poor focus on the price of an asset while the rich focus on the amount they have.
Although he noted that prices are important, the author of "Rich Dad Poor Dad" emphasized the need to prioritize the amount of Bitcoin, gold, or silver one has. He suggested that the more of these assets an investor is determined to acquire, the greater their chances of achieving financial freedom.
"As I watch the price of Bitcoin, I focus on how many Bitcoins I own," said Kiyosaki.
Meanwhile, Kiyosaki revealed that he bought his first Bitcoin at $6,000 and hasn't looked back since. Although he did not provide more context about how much he has, he wished he had more 'fake money' to buy more Bitcoin.
Surprisingly, Bitcoin has widely increased since its first purchase, rising an astonishing 1,646% to its current price. It is no wonder, Kiyosaki noted earlier, that Bitcoin made him rich.
Bitcoin is going to 1 million dollars by 2030
Additionally, the financial guru posed an urgent question: "How many ounces of gold, silver, and Bitcoin do you have?" Kiyosaki insisted that the rich will be the ones with the largest stash of Bitcoin, emphasizing the need to constantly expand holdings.
Additionally, Kiyosaki noted that there is a possibility that Bitcoin could trade at 1 million dollars per coin by 2030. Interestingly, he and other industry leaders share the same perspective.
For example, CZ from Binance, Cathie Wood from Ark Invest, and the CEO of JAN3, Samson Mow, have predicted that Bitcoin would reach a seven-figure valuation, and some expect it sooner than others.
As a result, Kiyosaki urged those looking to get rich to buy more Bitcoin and focus on how many they own rather than on its rapidly changing price. To conclude, the author pointed out that the amount one owns is more important for their future than the current price of Bitcoin.
At the time of writing this article, Bitcoin is trading at $104,782, nearly 91% away from Kiyosaki's target price of $200,000 by the end of 2025 and an 854% discount from the projected valuation of 1 million dollars by 2030.$BTC
