Robert Kiyosaki shared his frustration with why people aren't buying Bitcoin

Renowned financial educator and best-selling author of Rich Dad Poor Dad Robert Kiyosaki has expressed his deep anger at people's inability to invest in Bitcoin (BTC).

On June 15, Kiyosaki, who is a well-known advocate of Bitcoin as a hedge against economic instability, published for some of the most annoying excuses he keeps hearing from people who don't want to spend money on BTC. The usual reason, he says, is the widespread belief that Bitcoin is too expensive.

While acknowledging that the price of the leading cryptocurrency has undoubtedly risen significantly, Kiyosaki emphasized that this does not mean it will remain at its high level forever. He reminded people of a very important formula from his investment book: Profit is made when you buy, not when you sell. He himself stated:

“I feel so frustrated that I'm pushing people to buy Bitcoin. All the (unconvincing) excuses I get seem to be the same. And most of all: BTC is simply very expensive. He has risen high… but not as high as his potential. As my father taught me in my first investment.. 'You make money when you buy, not sell'”.

Kiyosaki revealed that despite the extremely inflated price of Bitcoin, the asset still retains its growth potential. He advised his supporters not to worry too much about the price now and focus on investing when prices fall.

The reason Kiyosaki is disappointed is that most of the potential investors believe that the price of Bitcoin has already peaked. On the other hand, he is still optimistic about his future.

In addition to Bitcoin, the investor shows a progressive interest in some other cryptocurrencies such as Ethereum (ETH) и Left (LEFT) , which he believes can reach new heights. Meanwhile, he warned investors about potential future banking crises due to the instability of the traditional financial sector. He advised people to consider other financial alternatives such as gold and silver to save their money against the potential collapse of the traditional financial system.