news 
Bitcoin to $200K? ‘Rich Dad Poor Dad Author’ Says Many People Will Make This Mistake
The author of the popular book “Rich Dad Poor Dad,” Robert Kiyosaki, has warned that many people will make a significant mistake if they wait for Bitcoin (BTC) to pass the $200,000 mark before investing. According to him, this mentality is rooted in fear and FOMO (fear of missing out), which can lead to missed investment opportunities.
In a recent statement, Kiyosaki emphasized that individuals should not be swayed by opinions from the “FOMM crowd” – those who only join the market after it has reached astronomical heights. He urged people to stop waiting for Bitcoin to reach an unattainable price and instead focus on educating themselves about the cryptocurrency.
“You can’t listen to all these so-called experts, you gotta learn,” Kiyosaki said in a recent interview. “Once you learn from those who love Bitcoin and those who hate it… then you decide.”
Kiyosaki’s advice is particularly relevant given the current market sentiment. Despite the volatility of cryptocurrencies, he has been vocal about his support for Bitcoin, stressing that price predictions are not as important as understanding the underlying technology.
This cautionary approach comes as no surprise from an author known for his contrarian views on finance and investing. His book “Rich Dad Poor Dad” has become a bestseller due to its straightforward advice on financial literacy and wealth creation.
The billionaire investor’s stance serves as a reminder that there is no one-size-fits-all approach to investment decisions. He encourages individuals not to be afraid of making mistakes, citing the importance of experimentation in personal finance.
“How does a baby learn to walk if they do not fall? They would never walk and crawl all their lives,” Kiyosaki emphasized, underscoring his point about embracing uncertainty and taking calculated risks.
The author’s words carry significant weight given his background as a successful entrepreneur and investor. His endorsement of Bitcoin has sparked heated debates among cryptocurrency enthusiasts and skeptics alike.
Would you like to make it longer or shorter?
Source: https://u.today/bitcoin-to-200k-rich-dad-poor-dad-author-says-many-people-will-make-this-mistake
