Robert Kiyosaki highlighted the excuses he often hears from individuals hesitant to invest in Bitcoin.
Author: Chirag Sharma
Written On: Sat, 15 Jun 2024 15:54:42 GMT
Financial educator and author Robert Kiyosaki has expressed growing frustration with peopleâs reluctance to invest in Bitcoin (BTC). Known for his best-selling personal finance book âRich Dad, Poor Dad,â Kiyosaki is a vocal advocate for Bitcoin as a hedge against economic instability and traditional fiat currencies.
In a recent post on social media, Kiyosaki highlighted the excuses he often hears from individuals hesitant to invest in Bitcoin. The most common excuse is that Bitcoin is too expensive. He acknowledged that Bitcoin is currently high but insisted that it is not as high as it will go. Robert Kiyosaki reiterated his Rich Dadâs lesson on investing, emphasizing that profit is made when you buy, not when you sell.
âI become frustrated encouraging people to buy Bitcoin. I receive so many lame excusesâŠ. the most common excuseâŠ. âBitcoin is too expensive.â And it is high⊠yet not as high as itâs going to go. I simply repeat my rich dadâs lesson on investingâŠ. âYour profit is made when you buyâŠ. Not when you sell,ââ Robert Kiyosaki stated.
Robert Kiyosaki emphasized that while Bitcoinâs current price might seem daunting, it still holds significant potential for future growth. He urged his followers not to be deterred by its current valuation, suggesting that the real opportunity lies in making a strategic purchase at any price point.
âWe all wish we had bought Bitcoin when it was $10âŠ.but those days are long gone. Donât be a loser, buy a little, what you can afford and keep buying,â he added.
Robert Kiyosakiâs frustration stems from a common belief among prospective investors that Bitcoinâs price has already peaked. He is among those who believe Bitcoin is likely to skyrocket in the coming months. He projected that the cryptocurrency would likely trade at $350,000 by August 25 this year.
Do you want to know how Kiyosaki has made his investments? Check here
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