Robert Kiyosaki Buys More Bitcoin, Says He’d Rather Suck Than Be a Loser When Bitcoin Hits $1M
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Rich Dad Poor Dad author Robert Kiyosaki has increased his Bitcoin stash, insisting he is preparing for BTC at $1 million.
Kiyosaki spent over $100,000 today to buy a whole Bitcoin, yet he believes it is a worthwhile investment. He disclosed this in a July 1
tweet
, suggesting he would rather take the risk than miss out on buying an asset primed to reach seven figures in the future.
I’d Rather Suck Than Be a Loser: Financial Author
Bitcoin continues to trade above $100,000, currently at $106,784, as of the time of writing. Market observers have varying sentiments about this price, with some suggesting it is a premium and others a bargain.
Whatever it is, Kiyosaki wants to find out by taking a risk and buying
Bitcoin
. He emphasized that while he might be wrong about Bitcoin, his wealth of experience has taught him a lot about such investments. According to Kiyosaki, if BTC fails to reach $1 million, he might receive the branding of a sucker.
However, he insists he would rather suck than become a loser when he misses Bitcoin’s impending rally to $1 million. This, he believes, is well within Bitcoin’s capabilities. As a result, he projected that the crypto leader would trade at the price mark one day.
Meanwhile, from Bitcoin’s current price of $106,784, a rally to $1 million would culminate in a staggering 836% growth. Remarkably, Kiyosaki had earlier
predicted
that Bitcoin would reach this level by 2030.
Nonetheless, he advised due diligence, urging investors to think for themselves rather than make financial decisions based on his “ramblings.” Notwithstanding, his experience and guts tell him Bitcoin could set people on a journey of financial freedom.
$1M per BTC a Commonplace
Predictions of a Bitcoin surge to $1 million have become a common expectation among enthusiasts. To many, it is more of a matter of when rather than if Bitcoin can hit the ambitious price level.
Meanwhile, several analyses suggest different timelines for this seven-figure price. Binance’s Changpeng Zhao
predicted
it could happen this cycle but suggested an extended bull cycle. Brandon Green
suggested
that it would occur during the winding-down stages of Donald Trump’s tenure, specifically between late 2026 and early 2027.
However, Cathie Wood’s Ark Invest predicted that Bitcoin would
reach $1 million by 2030.
The analysis even asserted a base case of $1.5 million and an ambitious $2.4 million under bullish market conditions.
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