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Major cryptocurrency Ethereum is still a great buy at $4k, according to popular economics professor Robert Kiyosaki.

The award-winning author of Rich Dad, Poor Dad, is a strong proponent of cryptocurrencies, especially Bitcoin and lately Ethereum. He tweeted that buying Ethereum at $4k is similar to buying BTC at $4k around 6 years ago.

Kiyosaki’s lengthy tweet focused on a new approach towards investment. He posted:

“People who acquire ETHEREUM today @ $4000 will be like the rich who invested in Bitcoin when it was $4000.”

Kiyosaki is a well-known proponent of the digital currency economy and has been vocal about predicting a major economic collapse in the near future, driven by the failure of the fiat model.

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While Ethereum does have a lot of potential, it is important to point out that buying Ethereum @$4k and BTC @$4k is not the same because ETH’s supply is a lot bigger than BTC’s. Bitcoin currently has around 19.94 million BTC in circulation, while Ethereum has more than 120 million ETH available. So, mathematically, buying Ethereum at $4k is similar to buying BTC at $24k based on market capitalization data. It is still a good buy if ETH ends up with a multi–trillion dollar valuation like BTC, but not the same as getting in when it was worth $4k. 

However, Kiyosaki might be looking at things differently, as he believes Ethereum has many real-world applications and could overtake BTC at some point. However, the majority of the crypto community does not share this argument, and faith in the premier digital currency remains strong. At the same time, ETH has struggled considerably against BTC over the last few years, particularly during the ongoing bull market.

Ethereum is currently trading around $4k after a bearish October. The second-largest cryptocurrency by market capitalization posted a new All-Time High of $4.9k back in August this year, but has since lost around 20% of its value.

Hardly a year ago, the cryptocurrency was trading around $1.5k. With a 230% price increase, it seems relatively high right now. However, Kiyosaki and multiple other commentators are unfazed and believe we are still in the early stages of programmable chains disrupting the world.