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Title: Is Robert Kiyosaki a Sucker for Buying More Bitcoin?
Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, has once again sparked debate in the cryptocurrency community by announcing that he has bought more bitcoin. This latest acquisition comes at a price of roughly $107,000 per BTC, with the investor believing that the asset will eventually skyrocket to $1 million.
Is Robert Kiyosaki a sucker for buying more Bitcoin?
While many fans praised his post, some critics have cautioned against investing solely due to fear of missing out (FOMO). David Leiter, a seasoned stock investor with over 30 years of experience, emphasized that such impulsive decisions rarely lead to positive investment outcomes. He stated, “It’s certainly not the way great investors pick investments.”
Kiyosaki’s decision to purchase more Bitcoin is hardly surprising, given his previous bullish stance on the asset. Just yesterday, he took to social media to ask his millions of followers whether BTC was too expensive today. His response came in the form of a nostalgic look at his first bitcoin investment, made when the cryptocurrency traded at $6,000 – a price deemed too high at the time.
Fast-forward to today, and that same price has become a distant memory. Kiyosaki is convinced that the current levels will be considered a good buying opportunity in several years’ time. As such, he advises people to allocate more into BTC because they will regret not having bought more in the future.
In conclusion, whether Robert Kiyosaki is a sucker for buying more Bitcoin or a genius remains to be seen.
Source: cryptopotato.com
