R. Kiyosaki Discusses the Key Differences Between Investing in Bitcoin and Real Estate
Why Bitcoin May Be a Better Investment Than Real Estate
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 believes Bitcoin is a better investment than real estate.
Bitcoin's Flexibility and Movability
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. He stated, “I love Bitcoin because if I realize there’s a hot new coin coming along, I can get out, but in real estate, I’m stuck in it.” This underscores the ease of trading Bitcoin compared to traditional real estate.
Establishment of Bitcoin
Furthermore, Kiyosaki highlighted Bitcoin’s long history as an established crypto asset and blockchain network. However, he cautioned that competition is fierce among cryptocurrencies. He remarked, “I don’t doubt one of those 10,000 new cryptos may blow Bitcoin and Ethereum (ETH) out of the water.”
Amid these insights, Bitcoin's price was noted at $60,780, reflecting a 1.01% decline within the last 24 hours. It’s significant to explore the price performance analysis for potential trading opportunities.
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This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.