Showing posts with label Bitcoin Strategy. Show all posts

Monday, May 26, 2025

0.01 Bitcoin Makes You Rich: Robert Kiyosaki Strategy

Robert Kiyosaki, the author of Rich Dad Poor Dad, is in favor of Bitcoin. On 26th May 2025, Robert shared a post on X (formerly Twitter) explaining his surprise to see Bitcoin as a currency that can make you rich.

But is it so?

Let’s find out.

0.01 Bitcoin Makes You Rich: Robert Kiyosaki Strategy

Bitcoin:

Bitcoin is becoming a priceless cryptocurrency. It was the first digital currency. In 2016, bitcoin’s price was $453.99. On 26th May 2025, Bitcoin crossed the price of $109,342.60. Within 9 years, the return on Bitcoin investment multiplied by 23,984.80%.

While Bitcoin’s price is skyrocketing, it is becoming inaccessible for new crypto investors.

The good thing is that you do not need to buy one bitcoin. Start with 0.01 bitcoin.

Robert Kiyosaki’s Tips to Get Rich with Bitcoin:

Robert Kiyosaki shared his tweet stating that he cannot believe how easy it is to get rich with Bitcoin. Why is not everyone buying it?

Robert further said that 0.01 bitcoin can make you rich in the next two years.

Only 1 or 2 million Bitcoin are left. After that, there will be an extreme price hike.

Kiyosaki urged people to buy Bitcoin and become financially free in coming years.

He also predicted that the Bitcoin price will reach $500,000.

Robert Kiyosaki’s Tips to Get Rich with Bitcoin

How to Get Rich with Bitcoin?

At eAskme, I believe in multiplying return on investment.

My Bitcoin investment strategy for beginners is:

  • Start buying 0.01 bitcoin each month (current price = $109.34).
  • In the next 12 months you will own 0.010 (cost = $1090.34).
  • Bitcoin's return on investment was 58.29% in the last 12 months. If that trend stays, you will make $635 or more on your investment of $1090.34.

Note: Bitcoin price is volatile. You should invest in the long run to earn enough profit.

Bitcoin Scarcity:

The total number of bitcoins is 19,869,712. There are 1,130,287 left to be mined. Every day, 900 new bitcoins are coming into the market. Within the next 4 years, the remaining bitcoins will be owned by someone.

The limited availability of bitcoin causes scarcity. This scarcity is the reason behind the massive price surge in BTC.

Scarcity is the reason why billionaires are also buying Bitcoin and other cryptocurrencies.

Conclusion:

Robert Kiyosaki is not just another guy from your neighborhood that gives you financial advice. He is the mastermind and a successful businessman. It is wise to listen to investors like Robert.

Yet, it is necessary to look at your current financial status before investing in Bitcoin.

Remember: BTC price is volatile. You need to wait for a long time to get the desired returns.
 
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Thursday, May 6, 2021

Evaluating the Next Decades of Bitcoins

Bitcoin was meant to be a revolution in the financial ecosystem when it was first introduced to the world a decade ago.

But the revolution is still a long way off. The turbulent first decade of cryptocurrencies has been characterized by controversies, missteps, and vigorous price swings.

Evaluating the Next Decades of Bitcoins: eAskme
Evaluating the Next Decades of Bitcoins: eAskme

Other people are at: Advantages and Disadvantages of Bitcoin and Crypto

The price drop in Bitcoin this year has been met with a barrage of criticism.

Investors and cryptocurrency enthusiasts, on the other hand, have increased their trust in the currency's future.

As a result, the next ten years will be critical to its survival.

A Compromised Vision

Bitcoin was meant to be a borderless and decentralized alternative to government- and central bank-controlled fiat currencies, according to Satoshi Nakamoto's seminal paper published on Oct. 31, 2008.

The Bitcoin network does not rely on third-party mediators to reach a consensus on a transaction.

Instead, blockchain is used to validate and authenticate a transaction.

Blockchain is a peer-to-peer network of networks of electronic ledgers.

According to Nakamoto, the expense of mediation raises transaction costs, reducing the minimum realistic transaction size and effectively eliminating the likelihood of small and informal transactions.

However, at the end of Bitcoin's first decade, the initial vision seems to have been lost. Centralization has supplanted decentralization.

Bitcoin whales, or investors with large holdings of the cryptocurrency, are said to exert market influence on its price.

The democratization of mining as a means of printing money has been sacrificed in favor of the productivity of large-scale mining farms.

Bitmain, a Chinese semiconductor firm, for example, controls 75 percent of the market for mining-related application-specific integrated circuits.

Also, Bitcoin's infrastructure has deteriorated and is plagued by scaling issues.

However, those disadvantages are outweighed by the creation of a thriving and vibrant crypto ecosystem.

The cryptocurrency industry is now worth $1.56 trillion, despite the fact that it did not exist less than a decade ago.

Since Bitcoin's launch, more than 1500 cryptocurrencies have been developed and are exchanged on exchanges.

The term "blockchain" is already popular, and it claims to be a solution to complex problems.

Institutional investors are now rushing to crypto-assets as a means of investment despite their initial reservations.

Evaluating The Next Decade

The next ten years will be crucial in Bitcoin's evolution.

Apart from financial ecosystem revolutions, there are a few aspects of the ecosystem of Bitcoins that investors must be aware of.

The cryptocurrency is currently torn between being a store of value and a conduit for everyday transactions.

Even though governments around the world, such as Japan, have declared it a legitimate form of payment for products, institutional investors are eager to get in on the action and benefit from the volatility in its costs.

The mainstreaming of Bitcoin as a payment method will not happen without technical advancements in its ecosystem.

Bitcoin's blockchain must be able to process millions of transactions in a limited period of time to be considered a viable investment asset or method of payment.

Several new innovations, such as Lightning Network, promise to increase the size of the company's operations.

In 2018, Ripple's CTO David Schwartz compared Bitcoin to Ford's Model T, citing changes in Bitcoin's blockchain.

The maker of the car heralded a revolution in transportation, and an entire ecosystem grew up around it, from highways to gas stations, to support the automobile.

The beginnings of an ecosystem that is popular in recent years, thanks to widespread media coverage.

Bitcoin has topped $50,000 and traded close to $60,000 so far in 2021, as of March 2021.

Large banks are also paying attention to cryptocurrencies, with Goldman Sachs coming up with its trading crypto desk again and BNY Mellon launching digital currency custody services.

Are You Future-Ready?

The future of finance seems to be digital currencies and the blockchain.

Cryptocurrencies seem destined to become more widely used for online payments, despite their current uncertainty and lack of universal acceptance as a payment tool.

They may thus be an interesting long-term investment, especially if you have a high-risk tolerance.

Nobody knows where we'll be in 20 years, but cryptocurrencies and blockchain technology are gaining traction as financial forces to be dealt with.

Start trading crypto today with one of our recommended brokers.

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