Renowned financial author Robert Kiyosaki warns investors about their fear of mistakes (FOMM) which becomes a major wealth blocking factor as Bitcoin rises further.

The Rich Dad Poor Dad author Robert Kiyosaki posted on X on Monday to explain how fear of missing out (FOMO) sets investors against those who fear making mistakes (FOMM).

According to Robert Kiyosaki as people obsessed with missing out on Bitcoin buy and profit he says those trapped by fear of making wrong decisions will embrace regret when Bitcoin rises further.

Kiyosaki Predicts Bitcoin Could Reach $250K by 2025

Kiyosaki predicts in his X post that FOMM investors will refrain from action until Bitcoin surpasses $200K in 2023 since they fear making mistakes.

Kiyosaki consistently shows enthusiasm about Bitcoin by forecasting that Bitcoin could rise to $250,000 by 2025. He believes Bitcoin will grow more as institutions keep buying it plus its fixed supply meets rising mistrust of regular banks.

According to the published reports Kiyosaki spent his lifetime opposing official currency yet supports Bitcoin as protection from inflation and control from established financial organizations. People avoid wealth accumulation due to their excessive fear instead of missing chances to invest their money.

Through his statements Kiyosaki attacked traditional school systems because they teach students to avoid making errors which stops them from achieving financial growth.

Bitcoin Investment Requires Overcoming Fear of Failure

Kiyosaki started by explaining how everyone knows about the idea of FOMO. A majority of poor individuals stay in poverty due to their extreme fear of taking mistakes. He explains that early fears about failure prevent people from taking safe monetary risks like Bitcoin and wealth creation strategies.

According to Kiyosaki his fans should follow translated knowledge from sanctioned Bitcoin experts who he lists including Jeff Booth, Michael Saylor, Samson Mow, and Max Keiser. He explained that top-quality financial learning has expanded beyond school classrooms into online platforms enabling anyone to learn and seize charge of their money future.

Bitcoin investors should not let their fears stop them from taking action since Kiyosaki sees the biggest mistake possible as avoiding Bitcoin purchase altogether. People who overcome their Bitcoin investing fears build advantages while those who delay their entry could lose their chance to cash in on this rising asset.