Best-selling author Robert Kiyosaki, a man who’s seen more financial ups and downs than a roller coaster in a hurricane, has decided to hit the brakes on his Bitcoin purchases. After the digital gold surged past the $120,000 mark, Kiyosaki is taking a step back, at least for now.
In a recent thread on the social media platform X, Kiyosaki, the mind behind the “Rich Dad Poor Dad” empire, shared with his 2.7 million followers that he’s buying just one more Bitcoin as the crypto hit a new all-time high of about $123,000 on Monday. But don’t think he’s getting out of the game just yet. He’s just waiting for the financial fog to clear a bit.
“Yay: Bitcoin over $120,000. Great news for those who already have some Bitcoin. Bad news for those who, for whatever reason, never ‘pulled the trigger.’ They own nothing. As warned in previous X, ‘Pigs get fat, hogs get slaughtered.’ I am buying one more coin and get fatter. I will not buy any more – until I know where the economy is going.
As tempting as Bitcoin going to $200,000 to $1 million is, I don’t want to be a hog and get slaughtered. If you have not begun acquiring Bitcoin, I suggest starting very small, starting with a Satoshi.”
The Bitcoin bull, ever the cautious optimist, also warns of a looming global financial collapse, which he sees as a potential buying opportunity. It’s like waiting for a sale at the financial supermarket, but instead of 50% off, it’s more like 90% off.
“Remember, Warren Buffett is out of stocks and sitting on $350 billion in cash. I suspect he is waiting for the world to crash. Then he will move back in and buy the best assets with cash. Time to get smarter and the best time to get rich if you are smart, patient, studying and aware. Please take care. Millions are about to become poorer. I want you to become richer.”
At the time of writing, Bitcoin is trading for $118,217. Whether you’re in it for the long haul or just watching from the sidelines, it’s a wild ride, and Kiyosaki’s advice is to stay smart and stay safe. 🚀💸
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2025-07-15 12:21