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.”
Also Read: Whale Moves 357.2 Billion PEPE To Binance Amid Price Dip, What’s Next?
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.
Also Read: XRP Whale Strategically Bags 27M Coins Amid Price Dip Hinting Price Gains Ahead
- Breaking: U.S. Government Shuts Down After Congress Fails to Pass Funding Bill
- Breaking: BNB Chain Account Hacked With Founder CZ Shown Promoting Meme Coin
- Trump’s Thumzup Media Boost Dogecoin Mining Fleet, Pumps $2.5M Into DogeHash
- BREAKING: 21Shares SUI and Polkadot ETFs Gain DTCC Listing
- SEC Issues Guidance Enabling Ripple, Coinbase, BitGo to Qualify as Custodians
- SUI Price Eyes $4.5 as Coinbase Futures Listing Sparks Market Optimism
- Chainlink Price Holds $20 Support Amid Tokenization With DTA Standard Progress – Is $47 Next?
- Analyst Predicts Dogecoin Price Surge as DOGE ETF AUM Hits $20M
- Ethereum Price Eyes $8,600 As Institutions And Whales Double Down
- Dogecoin Price Prediction – Chart Set-Up Highlights Perfect Buying Opportunity With Outflows Backing $0.45
- Bitcoin Price Set to Rebound Ahead of US Government Shutdown, NFP Data
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
