Author of 'Rich Dad' "Bitcoin price is high, but will rise even higher... It's not the time to sell."

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▲ Robert Kiyosaki ©Coin Leaders

Robert Kiyosaki, author of the best-selling economic book 'Rich Dad, Poor Dad', made an optimistic price prediction for Bitcoin (BTC) and mentioned important points through X on the 15th (local time).

Kiyosaki, a renowned investor and financial educator, regrets that many people hesitate to purchase BTC because they think it is too expensive, and predicted that although the current Bitcoin price is high, it will rise further in the future.

He also emphasized, “Profits are realized when you sell, not when you buy.”

“Everyone wishes they had bought Bitcoin when it was worth $10, but those days are long gone,” Kiyosaki pointed out.

A week ago, Kiyosaki said he expected BTC to soar to $350,000 by mid-August, or at least sometime in 2024. However, he acknowledged that this was his opinion and not a prediction.

Kiyosaki also said that he continues to buy Bitcoin, Ethereum (ETH), and Solana (SOL) “because it is clear that prices will continue to rise.”

Meanwhile, trader and crypto entrepreneur Willy Woo responded to Kiyosaki's tweet and discussed when Bitcoin's bull run will end.

Wu noted that Bitcoin's upward trend will end when everyone invests, and revealed that 4.7% of the market's liquid capital is currently invested in Bitcoin.

Currently, Bitcoin is winning, which he explained is similar to the venture capital strategy of investing in emerging technologies.

As of 4:40 p.m. on the 15th (Korean time), BTC, the No. 1 cryptocurrency by market cap based on CoinMarketCap, is trading at $66,069, down 1.26% from 24 hours ago.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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