Robert Kiyosaki Warns: Fear of Making Mistakes Could Keep You Poor While Bitcoin Creates Generational Wealth
hive-167922·@mikezillo·
0.000 HBDRobert Kiyosaki Warns: Fear of Making Mistakes Could Keep You Poor While Bitcoin Creates Generational Wealth
 Renowned financial educator **Robert Kiyosaki**, author of *Rich Dad Poor Dad*, has once again issued a strong endorsement of **Bitcoin**, warning that an overlooked psychological barrier—**Fear of Making Mistakes (FOMM)**—could prevent many from building generational wealth. In a post on X on Monday, Kiyosaki contrasted two opposing mindsets among investors: - **FOMO (Fear of Missing Out):** Those who rush into Bitcoin to avoid missing an opportunity. - **FOMM (Fear of Making Mistakes):** Those who hesitate out of fear of making the wrong decision, ultimately missing out. According to Kiyosaki, history suggests that the **FOMM crowd** will remain on the sidelines, only to lament their inaction when Bitcoin reaches new highs. *"If history is any indicator,"* he wrote, *"the FOMM crowd will wait until Bitcoin passes $200K this year and then say, ‘Bitcoin is too expensive.’”*  ### **Bitcoin as the Ultimate Hedge—But Only for Those Willing to Take Action** Kiyosaki has previously forecasted that **Bitcoin could reach $250,000 by 2025**, a projection he reaffirmed as institutional adoption accelerates and distrust in traditional fiat currencies deepens. A longtime critic of **central banks and government-controlled financial systems**, Kiyosaki views Bitcoin as more than just an asset—it’s a **hedge against inflation, economic instability, and what he calls “fake money.”** In his eyes, it represents **financial independence** outside of the influence of Wall Street and institutional gatekeepers. This time, however, he went even further, calling **Bitcoin “the biggest opportunity in history.”** He argued that many people will **fail to capitalize on it** simply because they have been conditioned—especially through traditional education—to **fear failure instead of learning from it.** *"Most of us have heard of FOMO,"* he explained. *"Yet…the main reason poor people remain poor is FOMM: Fear of Making Mistakes."*  ### **Fear of Failure Is the Real Financial Risk, Not Bitcoin** Kiyosaki criticized how the education system teaches people to **avoid mistakes at all costs**, fostering a **risk-averse mindset** that prevents them from seizing opportunities. Rather than fearing losses, he urged people to **educate themselves about Bitcoin and the broader financial revolution taking place.** He specifically recommended learning from leading Bitcoin advocates such as **Jeff Booth, Michael Saylor, Samson Mow, and Max Keiser**, all of whom have provided valuable insights into the crypto space. Importantly, he noted that **financial education today isn’t confined to universities or Wall Street**—it’s freely available online for those willing to seek it out. In Kiyosaki’s view, the **biggest mistake isn’t buying Bitcoin—it’s allowing fear to stop you from taking action at all.**
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