Robert Kiyosaki, a well-known investor and author of the bestselling personal finance book "Rich Dad Poor Dad," took the opportunity to dispel these concerns.
In a light-hearted conversation, Kiyosaki explicitly stated his belief that it's never "too late" to invest in BTC, as the coin is "designed to make everyone wealthy." In a tweet, he emphasized that this applies to both "those who start late" and early investors.
Looking at the performance of Robert Kiyosaki's favorite investments—mainly Bitcoin, gold, and silver—his message seems credible. Traders who followed his advice and invested in cryptocurrency or commodities would have reaped stellar profits in 2024.
This fact is particularly relevant for BTC, as almost anyone who purchased the coin before mid-November would be significantly in the green, even considering the current downward trend.
However, upon closer inspection, it turns out that Kiyosaki's advice may not hold true in many aspects. To begin with, investors who bought Bitcoin at his recommendation near the peaks of 2021 and lacked the financial security to weather the "crypto winter" would have been devastated.