Kiyosaki Declares: "This Price Will Be a Bargain in the Future" – Is It Trustworthy?

The author of the book Rich Dad Poor Dad became a supporter of Bitcoin a few years ago and has since spoken a lot on social media about the quality of this asset, advising people to invest in it. According to his own recommendation, Kiyosaki stated that today he has bought more bitcoin. Is he someone easily tempted to do so? Kiyosaki Has Bought Back With a price of about 107,000 dollars for each BTC, Kiyosaki stated that he has accumulated another bitcoin today, but warned that he could be wrong and act foolishly - something that seems to have happened to him before. The reason he bought today is that he believes the price of Bitcoin will eventually soar to 1 million dollars, which is the main viewpoint of long-term Bitcoin speculators. "If I am a fool... I would rather be a fool than a LOSER if Bitcoin rises to 1 million dollars. No one likes to be weak or a loser... But that is what makes life interesting." His post was praised by Bitcoin fans, but some warned that his actual reasoning might be flawed. David Leiter, who has an X profile stating he is a stock investor with over 30 years of experience, noted that investing in anything out of FOMO ( fear of missing out ) is rarely a sound decision and added: "This is definitely not how large investors choose to invest." Wish You Buy More... Kiyosaki's purchase of BTC today took place just a day after he posted another optimistic article about major cryptocurrencies. As reported yesterday, he asked millions of his followers on X whether BTC is too expensive today. He then noted that he made his first bitcoin investment when the asset was trading at $6,000, a price that was also considered too expensive at the time. However, now, that price seems to be a lifetime away, and he believes that the current price of just over 100,000 dollars will be considered a good buying opportunity for many years to come. Therefore, he added that people should allocate more to BTC as they will want to buy more in the future.