Robert Kiyosaki Still Bullish on Bitcoin: Why $107K is 'Cheap'

Rich Dad Poor Dad author Robert Kiyosaki is doubling down on Bitcoin, viewing even $107K as a bargain. Discover why he's still buying and his bold $1 million prediction.

Robert Kiyosaki, the author of "Rich Dad Poor Dad", continues to advocate for Bitcoin, even at prices around $107,000. He believes it's still a 'cheap' investment with potential to reach $1 million per coin. Let's delve into his perspective and the broader implications.

Kiyosaki's Bitcoin Bet: A Long-Term Vision

Kiyosaki has been vocal about his Bitcoin investments. Despite initially hesitating at $6,000 per coin, which he then considered expensive, he now regrets not buying more. He's actively increasing his holdings, aiming for 100 BTC, driven by his belief in Bitcoin's long-term potential.

He acknowledges the risk of being wrong, even looking foolish, but he prioritizes the opportunity to gain significant returns should Bitcoin reach his projected $1 million mark. This highlights his risk tolerance and belief in independent thinking, encouraging others to consider even small investments in Bitcoin.

Why Kiyosaki Sees Value in Bitcoin

Kiyosaki emphasizes learning through experience, viewing potential losses as valuable lessons. He sees Bitcoin as a hedge against traditional financial systems, particularly during times of economic uncertainty and dollar weakness. This perspective aligns with a growing narrative of Bitcoin as a store of value.

Bitcoin in the Mainstream: Sphere's Appearance

Bitcoin's appearance on the Las Vegas Sphere signals a new era for crypto visibility. This innovative advertising demonstrates growing acceptance and awareness of digital currencies, potentially inspiring further adoption.

Vertical Integration in Bitcoin Mining

Sphere 3D Corp's launch of its Bitcoin mining facility highlights a trend towards vertical integration within the crypto industry. This allows for greater control, efficiency, and sustainability in mining operations.

The Contrarian View and a Touch of Humor

Kiyosaki's continued investment, even at relatively high prices, reflects a contrarian investment strategy. He's betting against the conventional wisdom, and that's what makes his perspective so compelling. If Bitcoin actually hits $1 million, Kiyosaki will laugh all the way to the bank.

So, is $107K Bitcoin 'cheap'? Maybe not in absolute terms, but according to Kiyosaki, it's all relative to where it could be headed. Something to ponder while we're all HODLing!