Amid his continuous recommendations for investing in gold, silver, and Bitcoin (BTC), Robert Kiyosaki, a renowned investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ recently shared why he believed Bitcoin is a better investment than real estate.
Specifically, Kiyosaki explained that the main reason why investing in the maiden cryptocurrency might be better than investing in real estate is its movability and flexibility or the ease of distributing it when needed in an episode of his The Rich Dad Channel podcast streamed on August 22.
Bitcoin price 7-day chart. Source: Finbold
It is also worth noting that a pseudonymous crypto trading expert, Yoddha, has recently observed that Bitcoin has been forming a substantial bull flag pattern over the past several months within the ‘hold’ zone spanning between $35,000 and $70,000, suggesting that a substantial rally could follow in Q4 2024.
Bitcoin price performance analysis and prediction. Source: Yoddha
All things considered, Robert Kiyosaki is an experienced trader, well-versed in various markets and fully aware of the risks involved in trading cryptocurrencies, so doing one’s own research and understanding these risks is critical for anyone wanting to follow his example.
Watch the entire video below:
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
