The author of Rich Dad and Poor Dad: Bitcoin’s value is sustainable, and his investment in Bitcoin has increased by 300%
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%.
Interpretation of this information:
Robert Kiyosaki, the author of “Rich Dad, Poor Dad” expressed his confidence in the sustainability of Bitcoin, gold, and silver. He stated that when the price of Bitcoin rose to $20,000, it eventually dropped, but then, it rose again. He also mentioned that he invested in 60 Bitcoins when it hit $6,000, and as the price is currently at $20,000, he believes that it is a sustainable investment. Kiyosaki also reported a 300% increase in his Bitcoin investment when the value surpassed $24,000.
This statement from Kiyosaki is mostly positive for Bitcoin investors. He shared his observation and personal experience with Bitcoin and emphasized that it is sustainable, giving other investors more confidence in making Bitcoin a part of their investment portfolio. Kiyosaki’s perception of the current market also encourages long-term holding of Bitcoin since it may continue to increase its value.
The author’s comments were also an endorsement for precious metals such as gold and silver. Historically, these have been considered a safe haven asset during economic downturns. Despite the volatility in value not being as pronounced as Bitcoin, he believes they are valuable investments despite inflation and other economic factors.
In conclusion, the message states that Robert Kiyosaki believes Bitcoin, gold, and silver are sustainable investments, and he purchased Bitcoin specifically at a price of $6,000. He believes that even as the value of Bitcoin has fluctuated, it is still a high-value investment. The keywords are: Bitcoin, Gold, Silver.
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