Robert Kiyosaki Urges Bitcoin Purchases to Avoid FOMO

Robert Kiyosaki, author of the bestseller “Rich Dad, Poor Dad” and entrepreneur, has once again urged the purchase of the leading cryptocurrency to avoid future FOMO.

I become frustrated encouraging people to buy Bitcoin. I receive so many lame excuses…. the most common excuse…. “Bitcoin is too expensive.” And it is high… yet not as high as it’s going to go. I simply repeat my rich dad’s lesson on investing…. “ Your profit is made when you…

— Robert Kiyosaki (@theRealKiyosaki) June 15, 2024

“I get frustrated when urging people to buy Bitcoin. I receive so many unconvincing excuses. The most common: ‘Bitcoin is too expensive.’ And it is high, but not as high as it will be,” he wrote.

According to Kiyosaki, in such moments he repeats his rich dad’s lesson on investing: “Your profit is made when you buy, not when you sell.”

“We all wish we could have bought Bitcoin when it was $10. But those days are long gone. Don’t be a loser, buy a little, as much as you can afford, and keep buying,” the investor concluded.

In January, following the approval of spot Bitcoin ETFs in the US, Kiyosaki predicted a price surge to $150,000. The entrepreneur urged exchanging “fake dollars” for gold, silver, and the leading cryptocurrency.

Later, he explained that he views Bitcoin as “protection against the theft of savings” by authorities and bankers through inflation, taxes, and stock price manipulation. For this reason, he prefers investing in digital gold and encourages others to do the same.

Back in March, Kiyosaki forecasted Bitcoin’s rise to $300,000 this year. In April, he called the US bankrupt.

In June, the investor stated that the leading cryptocurrency would reach $300,000 by August 25. According to him, digital gold is the easiest path to becoming a millionaire.