Bitcoin Is Cheap Says Robert Kiyosaki, Reminding People About Rich Dad’s Lessons
Highlights
- Robert Kiyosaki highlights Bitcoin's affordability and urges investments despite common price misconceptions.
- Frustrated by excuses, Kiyosaki draws lessons from "Rich Dad, Poor Dad" to emphasize smart buying strategies.
- Current Bitcoin market status shows volatility, underscoring the importance of informed investment decisions.
Robert Kiyosaki, a renowned financial educator and author emphasized that Bitcoin is still cheap, encouraging people to reconsider their perception of its value as he drew insights from his “Rich Dad, Poor Dad” best-selling publication. Kiyosaki criticized the common excuse that Bitcoin is too expensive, urging more purchases and investment in the cryptocurrency.
Kiyosaki’s Frustration with Excuses
In his recent post on X, Robert Kiyosaki said how he has become frustrated encouraging people to buy Bitcoin. He went further to say how he receives so many lame excuses from various individuals on the said matter and the most common excuse he buttressed is that “Bitcoin is too expensive” and some go on to complain that Bitcoin price is high.
However Robert says the price, however high it is presently, is not as high as it’s going to go. He then went further to cite a part of his famous publication “Rich Dad Poor Dad” buttressing on lessons learnt from his rich dad on investing. Robert pointed out that “Your profit is made when you buy Not when you sell .”
He made a closing statement stating that We all wish we had bought Bitcoin when it was $10 but however pleasing that thought may be, reality shows those days are long gone. Robert urges prospective investors not to be losers, encouraging them to buy a little, what they can afford and keep buying.”
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Current Bitcoin Market Status
As at time of writing, the live price of Bitcoin (BTC) is $66,231.72 today, with cryptocurrency’s 24-hour trading volume being $25.2 Billion. The coin has Decline -1.16% in the past 24 hours and Bitcoin (BTC) is currently trading between $66,395.29 and $66,037.18. Bitcoin (BTC)’s live market cap stands at $1.3 Trillion. The open interest of bitcoin has declined 1.65% in the past 24 hours and a currently valuation of $19.5 Billion.
Kiyosaki’s advice comes at a time when the cryptocurrency market remains volatile, taking advantage of times like this to have potential of doing very well. However, it is most paramount to stay informed with market dynamics before delving into the crypto space.
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