Robert Kiyosaki Makes caution to Bitcoin Investors
Recently, Robert Kiyosaki, an entrepreneur who is most known for his financial book Rich Dad Poor Dad, which has sold over 40 million copies worldwide, issued a warning to Bitcoin investors, advising them not to let greed take control of their emotions as the cryptocurrency continues its trend of appreciation.
Kiyosaki has said that he will continue to purchase Bitcoin until it hits $100,000, but once it reaches that level, he will immediately stop buying it any further.
“It is not the right moment to have a greedy streak. Keep in mind that pigs are butchered, and hogs get obese. Do not act like a pig,” he counseled.
Recently, the price of bitcoin reached $88,894, which is quite close to breaking the $90,000 threshold. The spike that occurred yesterday, in which Bitcoin exceeded silver in market valuation, provides the foundation for this accomplishment.
Kiyosaki had previously expected that Bitcoin may reach $350,000 by the end of the year, a projection that some people perceived to be contradictory to his current warning about purchasing at $100,000 on the cryptocurrency market.
In July, Kiyosaki even made the proclamation that the cryptocurrency would someday reach a value of ten million dollars.
Also Read: The Bhutanese government’s Bitcoin stockpile has surpassed $1 billion