Robert Kiyosaki, the celebrated author of the bestselling financial guide Rich Dad Poor Dad, has recently voiced his thoughts on the notable decline of Bitcoin prices, which plummeted below the crucial $102,000 mark. His perspective, considering the volatile nature of cryptocurrencies, is both intriguing and optimistic.
In a recent tweet, Kiyosaki cheerfully highlighted that Bitcoin is currently “on sale.” He referred to the significant drop in Bitcoin’s value as “great news.” The price of the world’s leading cryptocurrency, dominating in both market capitalization and institutional acceptance, fell over 6% overnight. From nearing $102,000, Bitcoin dipped to the $95,500 range, but has since shown signs of slight recovery.
Kiyosaki remains undeterred by this fluctuation. He continues to buy Bitcoin, emphasizing that “Bitcoin crashing means Bitcoin is on sale.” He recalled the popular mantra among cryptocurrency enthusiasts: “Buy low and HODL.” His enthusiasm is backed by a sobering reminder that there are fewer than 2 million Bitcoins left to mine, a fact that adds urgency to current purchasing strategies.
The financial guru holds a bullish outlook for Bitcoin’s future. In December, Kiyosaki projected that by 2025, Bitcoin could soar to anywhere between $175,000 and $350,000 per coin. His insight isn’t solely about Bitcoin, though; he also warned of impending economic troubles, stating that we are witnessing “the biggest stock market crash in history.”
Kiyosaki reflects on his Rich Dad’s prophecy, a prediction he made back in 2013, foreseeing the present circumstances. He believes that the current collapse is a direct consequence of past economic decisions made during the 2008 financial crisis, when the Federal Reserve began excessive money printing and mismanaged bonuses for bankers while everyday people faced devastating financial losses.
According to Kiyosaki, all signs point toward a multifaceted crash in 2025 affecting various sectors, including the car market and real estate. However, he has a clear strategy: invest in real assets such as Bitcoin, gold, and silver, which he perceives as crucial against a backdrop of depreciating US dollars—a currency he deems “fake” due to its lack of backing and excessive printing.
In his conclusion, Kiyosaki reminds followers that “crashes are great times to get rich.” Whether you are seasoned in trading or new to the crypto scene, this philosophy resonates, urging individuals to view temporary setbacks as opportunities. Investing wisely during a downturn could pave the way to substantial future rewards. With his blend of experience, authority, and insight, Kiyosaki’s take on Bitcoin’s current situation encourages a proactive mindset in investing.
