Bitcoin
Bitcoin is cheap, says Robert Kiyosaki, reminding people of rich dad’s lessons
Robert Kiyosaki, a renowned financial educator and author, emphasized that Bitcoin is still cheap, encouraging people to reconsider their perception of its value by drawing insights from his bestselling publication “Rich Dad, Poor Dad.” Kiyosaki criticized the common excuse that Bitcoin is too expensive, calling for more purchases and investments in the cryptocurrency.
Kiyosaki’s frustration with excuses
In your recent post on X, Robert Kiyosaki said how frustrated he was encouraging people to buy Bitcoin. He went further saying how he receives so many lame excuses from various individuals on the matter and the most common excuse he defended is that “Bitcoin is too expensive” and some complain that the price of Bitcoin is high.
However, Robert says the price, as high as it currently is, is not as high as it could be. He then went further and quoted a part of his famous publication “Rich Dad, Poor Dad”, reinforcing the lessons learned from his rich dad about investing. Robert highlighted that “Your profit is made when you buy, not when you sell.”
He made a final statement stating that we all wish we had bought Bitcoin when it was $10, but as pleasant as that thought may be, reality shows that those days are long gone. Robert urges potential investors not to be losers, encouraging them to buy a little, what they can afford, and to keep buying.”
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Current status of the Bitcoin market
At the time of writing this article, the live price of Bitcoin (BTC) is $66,231.72 today, with the cryptocurrency’s 24-hour trading volume being $25.2 billion. The currency has declined by -1.16% in the last 24 hours and Bitcoin (BTC) is currently trading between US$66,395.29 and US$66,037.18. The live market capitalization of Bitcoin (BTC) is $1.3 trillion. O open interest of bitcoin has fallen 1.65% in the last 24 hours and is currently valued at US$19.5 billion.
Kiyosaki’s advice comes at a time when the cryptocurrency market remains volatile, taking advantage of moments like this to have the potential to do very well. However, it is crucial to stay informed about market dynamics before diving into the crypto space.
Read too: XRP Whale Strategically Packs 27 Million Coins Amid Price Drop, Suggesting Future Price Gains
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The content presented may include the author’s personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.