Robert Kiyosaki: Why fear of making mistakes ruins your Bitcoin fortune!

Robert Kiyosaki

In a recent post on X, Robert Kiyosaki, bestselling author of “Rich Dad Poor Dad,” highlighted the “Fear of Making Mistakes” (FOMM) mindset, which he believes is preventing many people from investing in Bitcoin and achieving financial prosperity. Kiyosaki argues that the fear of making mistakes, especially among educated people, prevents them from seizing opportunities. He compares this fear to a baby who wouldn’t learn to walk if it was punished for every fall. Kiyosaki sees this mindset as a failure of the education system, citing his own father, who remained financially poor despite being highly educated.

He emphasizes that Bitcoin represents one of the greatest wealth creations in history and that those who invest out of FOMO (Fear of Missing Out) will build wealth in the long run. However, Kiyosaki warns that time is quickly running out for Bitcoin, and that people who hesitate may later say that Bitcoin is too expensive. He encourages potential investors to gather comprehensive information and listen to the opinions of both Bitcoin proponents and critics in order to make an informed decision.

Regarding the Bitcoin price, Kiyosaki expresses an optimistic forecast: He sees the Bitcoin price exceeding $200,000 by the end of the year and even reaching $1 million in the long term. The current price is around $88,000.

At the same time, the Bitcoin price is showing positive development and is currently trading at $87,000, representing an increase of over 3 percent in the last 24 hours. This recovery is fueled by optimistic market sentiment, which is due, among other things, to US President Donald Trump’s dovish trade policy and the Federal Reserve’s wait-and-see monetary policy. Analysts expect Bitcoin to soon exceed the $90,000 mark.

Additionally, the U.S. Securities and Exchange Commission (SEC) has clarified that proof-of-work mining does not require registration, which is seen as a positive signal for the crypto industry. Kiyosaki and other analysts are optimistic that Bitcoin will continue to rise in the near future, with some even suggesting price targets of $110,000.