Finance Gurus Focus on Cryptocurrency: It Will Rise!

Robert Kiyosaki, financial educator and author of the popular financial management book “Rich Dad, Poor Dad”, made a bullish assumption in a tweet about Bitcoin and also touched upon an important detail about BTC. Trader and entrepreneur Willy Woo, in his dialogue with Kiyosaki, gave an important clue about when Bitcoin’s rise will stop. Cryptocurrency analyst Woo notes that Bitcoin is the winner so far.

Kiyosaki: “Bitcoin will rise further”

In his tweet, Kiyosaki admitted that he was frustrated by the “excuses” he received when he encouraged people around him to buy Bitcoin. According to him, the main reason why people have difficulty following his advice is that they find BTC too valuable. The world’s leading cryptocurrency is currently trading at a truly high price. But Kiyosaki believes that Bitcoin will rise further: “Yes, it is at a high level now. But this is not where he will go.” “Your profit comes when you buy, not when you sell,” says Kiyosaki, referring to the book he mentioned above.

According to Kiyosaki, an important detail about Bitcoin is that everyone wants to buy Bitcoin when it is only worth $10; but “those days are long gone,” he adds in his tweet. As Kriptokoin.com reported, Kiyosaki released a surprising Bitcoin price bet a week ago, stating that BTC could rise to $350,000 by mid-August, or at least at some point in 2024. He added that this was not a prediction, but his own opinion.

Kiyosaki also said that he continues to buy Bitcoin, Ethereum and Solana because he is “pretty sure their prices will continue to rise.” But this is not due to his firm belief in cryptocurrencies, but rather his distrust of the current US government and its financial policies.

Cryptocurrency analyst Willy Woo: When will Bitcoin fall?

Trader and crypto entrepreneur Willy Woo replied to Robert Kiyosaki’s tweet, saying, “Bitcoin’s rise ends when everyone invests.” He stated that 4.7% of the free capital in the market has been invested in Bitcoin so far by financial institutions. Woo said Bitcoin is winning right now and that it’s a strategy “just like VCs do for emerging technologies.”

Kiyosaki and Woo’s views reveal different perspectives on the Bitcoin market. While Kiyosaki expresses his distrust of the classical financial system and emphasizes his belief in the rise of Bitcoin, Woo suggests that the widespread use of Bitcoin investment may mean the maturation of the market and the end of the rise. Investors should take such expert opinions into account when making their decisions and invest by doing their own research.