Robert Kiyosaki, the renowned author of Rich Dad Poor Dad, has a knack for stirring the pot with his financial insights. His latest remarks on Bitcoin’s recent crash have many investors raising their eyebrows, but Kiyosaki views this downturn as “Great News” for savvy investors.
In a post on X (formerly Twitter) on January 8, Kiyosaki reframed the situation around Bitcoin as it dipped below $100,000—eventually reaching $95,000 before settling at $96,000. Rather than a signal for alarm, he considers this a unique buying opportunity. His mantra? “Buy Low, HODL Hard”. While many investors were fretting, Kiyosaki was busy stocking up on Bitcoin. With only 21 million coins ever to exist and fewer than 2 million left to be mined, he believes that every price drop reinforces his conviction that demand will outpace supply.
His sentiments highlight a key principle: “Bitcoin crashing means Bitcoin is on sale.” Kiyosaki maintains that the current market dynamics present a prime chance for investors to enter or expand their positions. He tweeted, “I continue buying Bitcoin because Bitcoin crashing means Bitcoin is on sale. Remember ‘Buy low… and HODL.’” This perspective isn’t new for Kiyosaki; he’s long viewed Bitcoin as a hedge against inflation and a shield against economic uncertainty.
Beyond Bitcoin, Kiyosaki’s outlook for the broader economy is sobering. He foresees what he describes as “the biggest stock market crash in history” already unfolding. His advice? Stay vigilant and prepare for lower asset prices across the spectrum. According to him, many pricey assets, including houses, gold, silver, and Bitcoin, will soon be available at discounted prices. He urges, “I will be buying more real assets with fake US dollars.”
Kiyosaki frequently critiques printed money, labeling it as “fake” due to inflation and excessive government expenditure. Instead, he promotes investing in “real” assets like gold, silver, and Bitcoin. His strategy is direct: acquire tangible, scarce resources when prices dip to secure long-term financial growth.
It’s worth mentioning that while Kiyosaki is a vocal advocate for Bitcoin, he doesn’t solely rely on it. His investments in gold and silver reflect his balanced approach to wealth preservation. He consistently advises his followers to diversify their portfolios, integrating these metals alongside cryptocurrencies. Although he has referenced other digital assets like Solana, his focus remains anchored in steadfast investments that can endure financial turmoil.
Overall, Kiyosaki’s insights provide a thought-provoking outlook on how to approach market fluctuations. With his emphasis on smart investing—buying when prices are low and maintaining a diversified portfolio—he empowers investors to look beyond immediate panic and seize opportunities in the face of adversity.
