Robert Kiyosaki explained why he started to purchase Bitcoin (BTC) at a $6k/BTC price.
Robert Kiyosaki is a popular financial advisor. In 1997, Robert Robert Kiyosaki and Sharon Lechter wrote a personal finance book “Rich Dad Poor Dad”. That book grabbed huge popularity in the world. At present, that book is available in more than 50 languages & also more than 40 million copies have been sold by 2017. Kiyosaki is a big supporter of Bitcoin, Gold, silver, & real-estate investment.
On 22 April 2023, Robert Kiyosaki took to Twitter to share his initial journey with Bitcoin and explained the main reason why he loves Bitcoin as the best investment asset.
Kiyosaki said that the first time he closely watched Bitcoin then it was trading nearly at $20k but later plunged badly & touched nearly 0 value (indeed $3k) but later soon started to surge & reached $6k.
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The finance expert said that the whole incident showed a picture, where he came to know that Bitcoin doesn’t need any kind of support from any Government or Federal Reserve (Fed), unlike traditional financial systems.
Further Kiyosaki said that Bitcoin doesn’t need a government bailout because it is people’s money & it will reach $100k/BTC in near future.
WHY I
BITCOIN: Years ago I watched BC climb to $20k then drop to 0. I thought BC finished. Slowly watched BC climb to $6 k & I bought lots. WHY? Because people support BC not FED or Gov. BC did not need FED or Gov bailout because BC people’s money. BC to $100k. Long live BC.
— Robert Kiyosaki (@theRealKiyosaki) April 21, 2023
This was not the first time Kiyosaki talked about Bitcoin. Three days ago, Kiyosaki said that Bitcoin is 100% up this year & hinted that Bitcoin performance is showing that US Fed, Treasury & Biden administration are liars, so better to go with Bitcoin, Gold & Silver investments
Over the past 12 months, Kiyosaki many times warned people to remain aware of the increasing inflation in the US economy. In the meantime, he suggested people buy silver, along with Bitcoin & Gold Investments.
Read also: Finally, EU’s newly designed regulatory framework passed
Kiyosaki says Bitcoin didn’t need government bailout
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