The globally bestselling financial book "Rich Dad Poor Dad" author Robert Kiyosaki has once again captured the attention of the cryptocurrency community with his unique investment philosophy and bold predictions. On July 1, Kiyosaki posted on X that he had bought another Bitcoin and firmly believes that Bitcoin will soon rise to $1 million. He emphasized that he can bear a loss of $100,000 but is unwilling to be a fool or a loser. Kiyosaki's remarks not only reflect a strong optimism about Bitcoin's future value but also a profound critique of the traditional financial system, urging investors to pay attention to "hard assets" like gold and silver.

Kiyosaki shared his decision to buy Bitcoin again on the X platform, explaining the investment philosophy behind it. He wrote, "I bought another Bitcoin today. I realize I might be wrong and a fool. This is not the first time in my life I've been called a fool. But I believe Bitcoin will soon rise to $1 million."

Kiyosaki's statements are filled with his characteristic frankness and unique understanding of risk: "If I'm a fool… if Bitcoin really rises to $1 million, I'd rather be a fool than a loser. No one likes to be a fool or a loser… but that's the exciting part of life." He stated that he can bear a loss of $100,000 because he has learned from past experiences as a "fool" and a "loser," considering them invaluable sources of wisdom and experience.

This investment mindset of "I'd rather risk being seen as a fool than miss out on a huge opportunity" is a clear embodiment of Kiyosaki's investment philosophy. He encourages readers to think independently and not to blindly follow his advice, but his personal actions undoubtedly inject a strong dose of confidence into the Bitcoin market.

Kiyosaki's criticism of the traditional financial system has never ceased. He believes that the Federal Reserve, banks, and government have been "playing money games," "stealing" people's wealth through inflation and taxes. He even suspects that "the scam of the Federal Reserve, banks, and government may end this September or even earlier," as they preemptively sell gold and silver to suppress prices.

In this context of distrust towards the traditional financial system, Kiyosaki views Bitcoin, gold, and silver as "hard assets" to combat inflation and wealth erosion. He predicts that silver prices will rise 2 to 5 times this year and urges investors to consider buying some silver coins before the market integrity is taken over by "scammers."

He emphasizes that these three assets may undergo price adjustments in the short term, but he plans to buy more during downturns because he is optimistic about their long-term value. Kiyosaki even boldly predicts that by 2030, Bitcoin will exceed $1 million, gold will surpass $30,000 per ounce, and silver will soar due to industrial demand and changes in the global monetary system.

Kiyosaki admits that he entered the Bitcoin market late but does not consider it "expensive." He recalls that he bought his first Bitcoin at $6,000, thinking it was "very expensive," but now Bitcoin's price has reached $106,000. He feels again that "this is too expensive," but still chooses to buy more.

His logic is: "Why? Because if Bitcoin's price reaches $1 million, I will again say, I wish I had bought more back then. Even if you can only afford 1 Satoshi today… I believe five years from now you will say, I wish I had bought more."

Kiyosaki's viewpoint aims to encourage investors to focus on Bitcoin's long-term growth potential rather than short-term price fluctuations. He believes that Bitcoin's true value lies in its scarcity, decentralization, and as a tool against inflation in the traditional monetary system. In his view, a Bitcoin priced at $106,000 today could be "priceless" in the long run.

Kiyosaki's decision to buy Bitcoin again and his firm prediction of it reaching $1 million undoubtedly injects strong confidence into the cryptocurrency market. His investment philosophy of "I'd rather be a fool than a loser," along with his profound critique of the traditional financial system, provides investors with an alternative perspective. Although Kiyosaki's predictions are often bold and come with risks, his long-term optimism for "hard assets" and insights into future financial system changes are worth pondering for every investor. In an uncertain macroeconomic environment, Kiyosaki's actions remind us once again that diversifying asset allocation and focusing on scarce assets that can combat inflation and currency devaluation may be a wise move.

Related: "Rich Dad Poor Dad" author Robert Kiyosaki calls for abandoning "fake money" and embracing Bitcoin (BTC), gold, and silver.

Original: “Rich Dad Poor Dad” author buys more Bitcoin: predicts BTC will hit $1 million

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