Published
1 month ago on
March 15, 2024
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Robert Kiyosaki explained why it is better to invest in Bitcoin even with this all-time high trade price.
Robert Kiyosaki is a world-famous financial expert who is known mainly for his personal finance book “Rich Dad Poor Dad”. Professionally, Kiyosaki provides financial-related advisory services to people globally. He is mainly known for the advocacy of Gold, Silver, and Bitcoin assets. However, he joined the Bitcoin community a few years ago but after that, he never forgot to appreciate Bitcoin as the best investment asset.
On 15 March 2024, Robert Kiyosaki took to his X (formerly Twitter) account to share his opinion on the increasing trade price of Bitcoin these days as well as panic among the investors who invested money in Bitcoin at an all-time high price.
Kiyosaki explained that the value of silver, Gold, & oil will keep increasing and with that mining rate of these best investment assets will increase but the concept of Bitcoin is totally different.
Because in the case of Bitcoin, the total supply is limited to 21 million, while the rate will increase regardless of supply tension.
I love gold and silver. I own gold and silver mines. The problem with gold and silver is…the higher the prices go, the more gold and silver is found. Same with oil. I own oil wells also. That is not true with Bitcoin. No matter how high the price of Bitcoin goes there will only…
— Robert Kiyosaki (@theRealKiyosaki) March 14, 2024
This is not the first time when Kiyosaki talked about Bitcoin, earlier many times he explained why he invests in Bitcoin and also shared predictions on the trade price of Bitcoin for this year.
In Feb of this year, Kiyosaki predicted that the trade price of Bitcoin would be $100k in June.
BITCOIN to $100k by June 2024.
— Robert Kiyosaki (@theRealKiyosaki) February 18, 2024
Bitcoin trade price
The current trade price of Bitcoin is $68,153 & this trade price is 5% down over the last 24 hours but 171% higher over the last 1 year of the period.
Alert
— Bitcoinik (@Bitcoinikdotcom) March 15, 2024#Bitcoin entered in the orange zone of Bitcoin halving phase pic.twitter.com/SApHxVZIgD
As per Bitcoin analysts, the trade price of Bitcoin will fall continuously for the next 4 weeks because Bitcoin is currently under the pre-halving danger zone, in which the trade price of Bitcoin faced corrections by up to 30% in the past.
Read also: Bitcoin crashes to $67k, additional corrections coming: Danger zone of Bitcoin halving
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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