He’s wagering on the belief that the current price will seem like a bargain if Bitcoin eventually reaches the $1 million mark. His decision places him in what market analyst Raoul Pal has dubbed the “Banana Zone”—a state where the fear of missing out (FOMO) compels late entrants to buy high, only to suffer losses later.

Applying his mantra “PIGs get fat, HOGs get slaughtered,” Kiyosaki explained his rationale for buying at such an elevated price. He intends to hold until less disciplined investors drive prices even higher, planning to sell when panic-induced selling ensues.

He cautioned that FOMO is like a contagion that rapidly spreads through bustling markets. In his opinion, buying now—even at seemingly steep prices—is the key to future profits.

Kiyosaki first invested in Bitcoin when it was priced at $6,000, a cost he concedes felt pricey then. He confessed that he was late to the modern money game, a lesson he’s carried forward.

He’s candid about previous errors and uses them to navigate his present actions. He believes that if Bitcoin touches the $1 million mark, not buying more at $110,000 would be a regret.

Despite acknowledging the risk of being wrong, Kiyosaki would “rather be a sucker than a LOSER if Bitcoin does go to $1 million.” He’s prepared to absorb a $100,000 loss, thanks to his past earnings and savings, giving him a buffer to withstand major market downturns—common in the volatile crypto realm.

He advises small investors to acquire Bitcoin in any way possible. “Even if you can afford only one Satoshi today, buy it,” he urged. Kiyosaki’s candidness about his investment strategy offers his followers insight into his risk tolerance, treating each investment as a learning experience rather than a quick money-making scheme.

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The all-time high was achieved when Bitcoin leaped to the said amount of $119,400, bouncing back from $117,000 yesterday. This sudden increase appears somewhat striking, especially considering the current macroeconomic scenario. Just yesterday, the US introduced a fresh series of 30% tariffs against the EU and Mexico, which typically triggers price drops rather than all-time highs.

Despite these economic pressures, Bitcoin seems to be thriving, unswayed by the global policies. The cryptocurrency has gained over $11,000 since Wednesday when it was valued at a steady $108,000. Over the past few days, the digital asset has repeatedly broken into unexplored territories, hitting a nearly $119,000 high on Friday.

Earlier today, Michael Saylor, the co-founder of Strategy and a staunch Bitcoin advocate, hinted at a recent purchase. Strategy typically announces its Bitcoin purchases every Monday since the US elections, so stay tuned for updates tomorrow.

Robert Kiyosaki, the renowned author of ‘Rich Dad, Poor Dad’, has also been encouraging people to explore Bitcoin as a potential route to wealth. He expressed his plans to buy another Bitcoin while lauding the asset’s performance at over $117,000. Kiyosaki has been a vocal supporter of Bitcoin for several years, often advising people to invest more in the cryptocurrency.

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Is Bitcoin too costly? This was the starting point of Kiyosaki’s recent discussion on social media platform X. He recollected purchasing his first Bitcoin when it was priced at just $6000, which seemed high at the time. As of this article’s writing, Bitcoin is trading roughly at the $107,000 mark.

Despite this, Kiyosaki continues to perceive it as expensive, but this hasn’t deterred him from investing more. The entrepreneur strongly believes that he will keep investing even if Bitcoin hits $1 million per coin.

In his words, “When Bitcoin sells for $1 million a coin, I’ll be saying ‘I wish I had bought more.’ Even if you can only afford one Satoshi today, I believe five years from now you’ll be saying ‘I wish I had bought more.’

Kiyosaki, the author of the popular “Rich Dad, Poor Dad” series, is a strong proponent of the leading cryptocurrency. He encourages his followers to invest in Bitcoin. He has even suggested that “even 0.01 BTC will be priceless in two years and could make any investor very wealthy.”

The entrepreneur cites the examples of other crypto influencers, such as Raoul Pal, Anthony Pompliano, and Michael Saylor, who are also firm supporters of Bitcoin. Saylor, perhaps the most vocal advocate, currently holds 590K BTC through his company.

Kiyosaki’s posts often carry a bittersweet tone, starting positively but concluding with a life lesson he wishes he had learned earlier: “What I do know is… I will be saying, ‘I wish I had bought more at $107,000. At $107,000, Bitcoin was priceless.”

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Keiser’s intriguing ‘Satoshi’ tweet sent shockwaves through the crypto world. His tweet, featuring a GIF of a cloaked figure kneeling before a sword lodged in stone – a vivid reminder of the King Arthur and Excalibur tale – was accompanied by a single word, “Satoshi.” This tweet quickly became the epicenter of attention.

Many users lauded Satoshi Nakamoto as a “god,” interpreting the image as a metaphor for Bitcoin’s mission to disrupt a flawed financial system. As one user commented, “He created Excalibur, which, like Bitcoin, defies the monetary establishment.” The tweet, whether a homage to Bitcoin’s founder or a deeper message, added a new dimension to the enduring enigma surrounding Satoshi Nakamoto, sparking widespread debate.

Adding to this intrigue, Robert Kiyosaki, renowned author of “Rich Dad Poor Dad,” made an audacious prediction: Bitcoin could skyrocket to $1 million per coin by 2030. Kiyosaki revealed that he began investing in Bitcoin when it was merely $6,000 and continues to accumulate it. He emphasized that it’s not about the current price, but rather the quantity of Bitcoin, gold, and silver one possesses.

In a subsequent tweet, he referred to his 2013 book, ‘Rich Dad’s Prophecy,’ in which he forecasted a significant financial crash. Kiyosaki believes that this predicted collapse is currently unfolding. With AI posing a threat to jobs and countless retirees losing their life savings, Kiyosaki’s counsel is straightforward: “Invest in gold, silver, and Bitcoin.”

Keiser’s provocative GIF and Kiyosaki’s audacious prediction have once again thrust Bitcoin into the limelight, positioning it as both a cultural icon and a safeguard against economic turmoil. Amid escalating global uncertainty and the rising interest in decentralized finance, influencers like Keiser and Kiyosaki underscore the importance of Bitcoin in the future of wealth management.

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In a post published on May 10, Kiyosaki voiced his opinion against central banking systems, with a focus on the Federal Reserve. He agreed with Ron Paul, a former US Congressman and an author, who criticized the Federal Reserve’s interest rate setting as ‘price fixing,’ akin to socialist and Marxist economic control.

Kiyosaki echoes Paul’s warning that such mechanisms depreciate personal wealth and restrict economic freedom. He asserts, “Counterfeit cash engenders deceptive statistics, deceitful accounting, fraudulent balance sheets, dishonest compensation, false relations, corrupt leaders, and everyday life corruption.”

The ‘Rich Dad Poor Dad’ author is encouraging Americans to ‘resist’ by choosing decentralized stores of value such as Bitcoin (BTC) and precious metals over fiat systems.

Kiyosaki’s skepticism towards fiat currency is not recent. He has consistently critiqued the US dollar, describing it as a ‘moribund’ currency suffering from government expenditure and central bank manipulation. He backs assets that are immune to political control and cannot be devalued.

According to Kiyosaki, assets like gold, silver, and Bitcoin are essential to counter inflation and are crucial for amassing long-term generational wealth across economic cycles. He counsels, “Don’t earn or save counterfeit cash. Adopt your personal decentralized standard of gold, silver, and Bitcoin.”

In a post on April 18, Kiyosaki predicted that Bitcoin’s value could reach $1 million by 2035 as the US dollar continues to devalue due to inflationary fiscal policies. Other figures, such as ARK Invest CEO Cathie Wood and Eric Trump, have also expressed confidence in Bitcoin’s potential growth.

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