Robert Kiyosaki Urges Investment in Bitcoin Despite High Prices
Even though many people are feeling that cryptocurrency is currently in a bubble period and cannot deliver the anticipated returns any longer, in Robert Kiyosaki's opinion Bitcoin is still undervalued.
The financial educator thinks people should reconsider what they’ve been told is Bitcoin’s value. Drawing on material from his best-seller Rich Dad, Poor Dad, Kiyosaki writes off the argument that Bitcoin is too pricey, urging larger share of capital to be put into cryptocurrency.
In a recent X post, Kiyosaki expressed his frustration with the excuses people give for not buying Bitcoin. He believes that at least at this price, Bitcoin is still certain to go higher. Quoting from his book, he emphasized the rule to follow is that gains are made when money goes in not out.
READ MORE: Bernstein Analysts Predict Bitcoin to Hit $200K by 2025
Kiyosaki was nostalgic about the time when Bitcoin was $10 and urges investors to purchase what they can afford and then keep buying.
At the time of writing Bitcoin is trading at around $66,4o0 and its 24-hour trading volume stands at $25.2 billion.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
