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Bitcoin to $1 million? Rich Dad Poor Dad author Robert Kiyosaki stands firm on bold prediction with fresh investment

Bitcoin to $1 million? Rich Dad Poor Dad author Robert Kiyosaki stands firm on bold prediction with fresh investment

Economic Times10 hours ago
Robert Kiyosaki, author of the best-selling personal finance book Rich Dad Poor Dad, has once again backed Bitcoin—this time with a fresh investment, despite acknowledging the risk involved.
ADVERTISEMENT 'Bought another Bitcoin today. I realize I could be wrong and a sucker. Would not be the first time in my life I was played for a fool,' Kiyosaki wrote in a post on X (formerly Twitter).
Yet, he remains optimistic, 'I believe Bitcoin will one day soon be $1 million a coin. If I am a sucker, I'd rather be a sucker than a loser if Bitcoin does go to $1 million.'
He also noted that he could afford to lose $100,000 because past mistakes had taught him valuable lessons. 'That's life. That's called wisdom and experience... which can be priceless,' he added.
blockquote class="twitter-tweet"p lang="en" dir="ltr"Bought another Bitcoin today. I realize I could be wrong and a sucker. Would not be the first time in my life I was played for a FOOL.br/br/Yet I believe Bitcoin will one day soon….be $1 million a coin. If I am a sucker…. I'd rather be a sucker than a LOSER if Bitcoin does go to…/p— Robert Kiyosaki (@theRealKiyosaki) a href="https://twitter.com/theRealKiyosaki/status/1939870433848721658?ref_src=twsrc%5Etfw"July 1, 2025/a/blockquote script async src="https://platform.twitter.com/widgets.js" charset="utf-8"/script Kiyosaki's comments reflect his long-standing investment philosophy—prioritising the accumulation of assets like Bitcoin, gold, and silver over tracking short-term price movements.
ADVERTISEMENT 'Poor people focus on price. Rich people on quantity,' he posted in a tweet on June 19, underlining his belief that long-term ownership matters more than market timing.He revealed he started buying Bitcoin when it was priced at $6,000 and regrets not buying more. He blamed "fake money"—a term he uses to describe fiat currency—for limiting his ability to accumulate further, criticising it for being inflationary and manipulated by central banks.
ADVERTISEMENT 'In 2030, the probability is Bitcoin will be $1 million a coin,' he reiterated.This is not the first time Kiyosaki has made such a prediction. In April, he forecasted Bitcoin would surpass $1 million by 2035, gold would touch $30,000 per ounce, and silver would reach $3,000 per coin. He also warned of an impending financial crisis, urging investors to hedge against it with alternative assets.
ADVERTISEMENT 'The quantity you own is more important for your future than the prices,' he said, summing up his broader message for those navigating volatile markets.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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