Bitcoin Still Has Room to Grow, Says 'Rich Dad, Poor Dad' Author

Robert Kiyosaki, the author of the famous financial self-help book 'Rich Dad, Poor Dad', dismissed the common argument that Bitcoin is too expensive. He believes that Bitcoin's price is not as high as it's going to go and encouraged people to buy now, referring to his book's investment advice: 'Your profit is made when you buy…. Not when you sell.' Kiyosaki highlighted the recent success of Bitcoin, which has outperformed the S&P 500 Index significantly this year, and acknowledged the potential for further growth. While some investors remain cautious due to the uncertain regulatory environment, bullish analysts like Cathie Wood of Ark Invest predict a significant price surge for Bitcoin in the future, with a price target of $2.3 billion. Despite recent dips, Bitcoin's long-term potential remains strong.