Robert Kiyosaki Eyes Bitcoin Fire Sale: ’I’m Loading Up After the Crash’ as BTC Plunges to 6-Month Low
Bitcoin's brutal slump hits a grim milestone—tumbling to its lowest price in half a year. But for Robert Kiyosaki, this isn't panic time. It's Black Friday.
The 'Rich Dad Poor Dad' author—never one to miss a chance to troll traditional finance—just signaled he's waiting for blood in the streets before doubling down. 'When the crash is over, I buy more,' he declares. Classic Kiyosaki: turning fear into a shopping list while Wall Street sweats over its spreadsheets.
Meanwhile, crypto traders are split between 'generational buying opportunity' and 'abandon ship.' Pro tip: the smart money doesn't react—it anticipates. Just ask the guy who wrote the book on getting rich (literally).
Bonus jab: Funny how the same 'experts' who called Bitcoin worthless at $1,000 are now calculating its fair value... right after a 30% drop.
Bitcoin Price just slipped to a six-month low at $95,835, falling 11% over the week as the tech market meltdown spilled directly into crypto. The sudden weakness in AI stocks shook investor confidence, pushing traders away from risky positions.
Nearly $900 million in BTC long positions were liquidated, but this made up less than 2% of total open interest. This means the damage, while sharp, was still far lighter than the major flush-out on October 10, when thin liquidity accelerated the crash. The market is cooling, but not collapsing.
BITCOiN CRASHING:
The everything bubbles are bursting….
Q: Am I selling?
A: NO: I am waiting.
Q: Why aren’t you selling?
A: The cause of all markets crashing is the world is in need of cash.
A: I do not need cash.
A: The real reason I am not selling is because the…
Why Robert Kiyosaki Refuses to Sell Bitcoin
Despite the pressure, Robert Kiyosaki says he is. He believes most people are selling because they urgently need cash, not because Bitcoin’s long-term value has changed. Since he doesn’t need immediate liquidity, he prefers to remain patient.
Kiyosaki argues that the real driver behind the downturn is massive global debt, and he expects governments to respond with what he calls “The Big Print,” a wave of money printing that could weaken fiat currencies.
If that happens, he believes assets like gold, silver, Bitcoin, and ethereum will rise. He openly admits he could be wrong, but says he is simply sharing the choices he personally makes.
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Kiyosaki’s Income Strategy: How Cash-Flow Assets Give Him Patience
Kiyosaki says his confidence comes from having a steady income through real estate and private investments. These cash-flowing assets mean he doesn’t have to sell during panic moments. He often jokes that Miss Piggy’s advice, “the key to managing money is having money when you need it” shaped his Rich Dad philosophy. This idea led to his focus on owning income-producing assets instead of relying solely on a salary.
What Past Mistakes Taught Kiyosaki About Money Management
Kiyosaki admits he has made poor decisions in past downturns, often panicking when things looked difficult. Those painful experiences taught him lessons, he says traditional schools never teach. He believes people learn best through mistakes, yet education systems punish failure instead of using it to build financial skills. This, he argues, is why many smart and highly educated people still struggle with money.
What Kiyosaki Plans To Do Next: Bitcoin Buying Strategy
Kiyosaki says he plans to buy more Bitcoin once the market stabilizes. He reminds investors that Bitcoin has a fixed supply of only 21 million, which is one of the key reasons he believes its value will grow over time. He also encourages anyone who owns his Cashflow board game to start a Cashflow Club, explaining that people learn faster and gain confidence when they study together. He calls this the “birds of a feather” approach; people grow stronger when they learn as a group.
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FAQs
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