Robert Kiyosaki believes in the lasting value of Bitcoin and precious metals

02/24/2023 13:21 • Tech Ticker • 138 views

On February 24, Robert Kiyosaki, author of “Rich Dad and Poor Dad”, said that he believed that the value of Bitcoin and precious metal gold and silver was sustainable. When I saw the price of Bitcoin rise to 20000 dollars, I didn’t know when, and then it fell, but then it came back again. So when it reached $6000, I bought 60 Bitcoins at $6000. I think the current price is 20000 dollars, so the more I invest, the more I realize its sustainability. When the price of Bitcoin exceeded $24000, his Bitcoin investment increased by 300%.

The author of Rich Dad and Poor Dad: Bitcoin’s value is sustainable, and his investment in Bitcoin has increased by 300%

Interpret the above information:

In a recent statement, Robert Kiyosaki, the author of the best-selling book “Rich Dad and Poor Dad”, expressed his belief in the sustainability of Bitcoin and precious metals such as gold and silver. Kiyosaki had previously been hesitant about investing in Bitcoin due to its volatility, but his recent decision to purchase 60 Bitcoins at $6000 per coin demonstrated his changing attitude towards the cryptocurrency.

Kiyosaki’s decision to invest in Bitcoin was based on his observation of the cryptocurrency’s fluctuations in value. He noted that Bitcoin had initially surged to a high of $20,000 before plummeting and then rising again. At the time of his investment, Bitcoin was valued at $6,000 per coin. Kiyosaki believed that its current price of $20,000 indicated the sustainability of its value and encouraged him to invest more.

Kiyosaki’s belief in the lasting value of Bitcoin is also reflected in his investment strategy. He noted that when Bitcoin’s price exceeded $24,000, his investment in the cryptocurrency increased by 300%. This suggests that Kiyosaki views Bitcoin as a long-term investment that will continue to grow in value over time.

In addition to Bitcoin, Kiyosaki also expressed his belief in the sustainability of precious metals. As an investor in gold and silver, he noted that their value had remained relatively stable over time, making them reliable investments for those seeking long-term financial stability.

Overall, Kiyosaki’s message emphasizes the importance of sustainability in investment decisions. His belief in the lasting value of Bitcoin and precious metals suggests that he sees these assets as reliable options for those seeking long-term financial stability.

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