Kiyosaki says Bitcoin is “real money,” and that you should buy more now, regardless of price.

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  Kiyosaki stresses accumulating real assets like Bitcoin over fiat, ignoring price dips.
  
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  Bitcoin surged by 9.81%, reaching $76,461 this week. The market cap increased to $1.51 trillion.
  
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  Kiyosaki says that Bitcoin holders who are long-term and early adopters will gain more than USD holders.
  

Robert Kiyosaki’s belief that digital assets such as Bitcoin, gold and silver are true stores of value, grew after Bitcoin’s price surged to $76,461.05, an increase of nearly 10% this week. He encouraged investors to trade their “fake dollars” (US Dollars) for these “real currency” assets, regardless price fluctuations.

Kiyosaki observed that many people are hesitant to invest when the prices rise in hopes of a price drop that may not ever materialize.

Why real assets matter more than fiat currency

Kiyosaki revealed that he began buying silver at $1 per ounce and has acquired thousands of ounces. He continues this practice even when the price reaches $22 per ounce.

He started investing in Bitcoins at $6,000, and continues to add more. He currently owns 73 Bitcoins, and plans to have 100 in the next year regardless of price.

Sumit Kapoor of WiseAdviceSumit commented on Kiyosaki’s approach. He highlighted that early adopters and Bitcoin holders who have held the cryptocurrency for a long time are likely to reap the most benefits from its price appreciation.

Kiyosaki describes three types of investors.

• He views those who hold U.S. Dollars and short Bitcoin as a poor investment strategy
• Those who are long Bitcoin;
• Like him, those who short the USD and are long on Bitcoin.

Read also: Robert Kiyosaki – Why I Bet on Bitcoin Over Fiat Currency

Bitcoin’s Market Performance

Bitcoin’s recent price increase has been accompanied with an increase in the market cap, which now stands at $1.51 trillion. However, trading volume has decreased 13.93% over the last 24 hours.

The asset’s value fluctuated, dropping below $70,000. A sharp rebound on 6 November pushed it back above $75,000 to the current price range.

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