Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
The author of the financial literacy book “Rich Dad Poor Dad,” Robert Kiyosaki, revealed that he bought his initial six bitcoins for $600, which represented all of his available funds at that time.
Kiyosaki emphasized that the decision was influenced more by discipline, perseverance, and the support of his close circle rather than analytical skills.
“I purchased my first 6 BTC for $600 — that was all my money, and I went without food for several days afterward,” he shared.
Related Posts
Kiyosaki expressed a preference for investments in oil, real estate, silver, agriculture, as well as bitcoin and ether. He avoids instruments based on debt obligations.
According to him, he does not invest in the stock market, including the S&P 500 index, U.S. government bonds, and he does not keep substantial amounts of cash. Kiyosaki pointed out that his strategy is grounded in the KISS principle (Keep It Super Simple), which advocates for straightforward solutions and a rejection of complex financial structures.
He also acknowledged that his prediction of a potential crisis in 2026 might not come to pass. Nonetheless, Kiyosaki believes that in the event of an economic downturn, investors focused on real assets could see their capital grow.
Previously, Kiyosaki expressed regret over selling bitcoins and advised investors to consider gold, silver, and bitcoin as alternatives to the U.S. dollar.
