Robert Kiyosaki, the author of 'Rich Dad Poor Dad', emphasizes that Bitcoin (BTC) will break through $1 million in the long term, reiterating his key investment philosophy to Bitcoin investors.
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According to CryptoPotato on the 27th (local time), Kiyosaki stated on his social media X on April 20th that 'Bitcoin is currently at $84,000, and he strongly believes it will rise to between $180,000 and $200,000 by 2025'. Two days earlier, he also provided a long-term forecast that Bitcoin will reach $1 million, gold $30,000, and silver $3,000 by 2035. He warned that 'millions will become poor due to the upcoming depression, but a prepared few will gain great wealth and freedom'. This outlook is being interpreted as a message reminding Bitcoin investors of the importance of asset accumulation from a long-term perspective.
The first advice is to 'understand the difference between income and wealth'. Kiyosaki emphasized that 'the rich build assets, while most people are obsessed with income'. Even high-income earners can face financial difficulties due to excessive consumption and high debt, which was confirmed by a survey showing that half of six-figure salary earners in the US depend on their monthly wages. Bitcoin investors need to reconsider Kiyosaki's advice to restrain today's consumption and focus on long-term asset accumulation.
The second advice is to 'distinguish between assets and liabilities'. He explained that 'assets earn money, while liabilities take money away'. Bitcoin has a high potential to serve as an asset in the long term due to its scarcity and global demand, but loans or overconsumption can act as financial liabilities.
The third advice is to 'develop financial literacy'. Kiyosaki pointed out that families, schools, and governments have all failed in financial education, stating that 'illiteracy in letters and numbers is the root of financial difficulties'. This provides an important lesson in Bitcoin investment. Like the basic spirit of the cryptocurrency community to 'study directly', he emphasized that raising one's own financial knowledge and investment understanding is the key to long-term success.
The fourth advice is to 'not be seduced by income and social status'. He said that 'even highly educated, high-income individuals can easily collapse if financially illiterate', emphasizing the importance of having basic accounting, budgeting, and investment knowledge. In particular, he advises that in the Bitcoin market, it is essential to have an attitude of understanding the essence of assets rather than simply following trends.
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