Renowned Economist Robert Kiyosaki Says, “Bitcoin Seems Very Expensive Right Now, But I’m Still Buying It,” and Explains Why

Robert Kiyosaki, one of the well-known names in the financial world, shared his thoughts about Bitcoin on his personal social media account. Kiyosaki stated that Bitcoin's current price level seems “expensive” but that in the future, even today's prices will be considered “cheap”. Kiyosaki admitted that he started investing in Bitcoin late, and stated that he made his first BTC purchase at $6,000. The economist, who said that this price was expensive for him at the time, said that he regrets not buying more Bitcoin at that level today: “I bought my first Bitcoin for $6,000. It was expensive at the time. But now I wish I had bought more.” Related News: Tensions Escalate Between Donald Trump and Fed Chair Jerome Powell - Trump Sends Handwritten Letter - Here Are the Details Reminding that Bitcoin is trading at $107,000 today, Kiyosaki stated that he continues to buy despite this: “Today, my brain says again, ‘this is expensive.’ But I’m buying more. Because if and when Bitcoin reaches $1 million, I’ll say again, ‘I wish I had bought more.’” Giving a message to investors, Kiyosaki argued that those who can only buy one Satoshi (one 100 millionth of Bitcoin) will be happy with their decisions in the future: “Even if you can only afford one Satoshi today, I believe that five years from now you will say, ‘I wish I had bought more.’” Kiyosaki said he didn't know if Bitcoin would ever reach $1 million, but added: “All I know is this: When I look back at the Bitcoin I bought at $107,000, I'll say, 'Buying Bitcoin at that price was priceless.'” *This is not investment advice. Continue Reading: Renowned Economist Robert Kiyosaki Says, “Bitcoin Seems Very Expensive Right Now, But I’m Still Buying It,” and Explains Why