‘Rich Dad Poor Dad’ Author Reveals Why He Just Bought More Bitcoin (BTC)

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🚨💸 Kiyosaki’s Bitcoin Bonanza: Why He Just Bought More BTC (And You Should Too?)

‘Rich Dad Poor Dad’ Author Reveals Why He Just Bought More Bitcoin (BTC)

Robert Kiyosaki, venture investor, entrepreneur, and author of the book on finance literacy “Rich Dad Poor Dad”, has taken to the X platform to share his thoughts on Bitcoin. Because, you know, the world really needed his opinion on this.

He posted a short Q&A session, where he answered a question that he’s apparently been asked a lot lately. Spoiler alert: it’s about Bitcoin and gold.

Kiyosaki Slams US Dollar, Sort Of

Financial guru Kiyosaki explained why he’s bought more Bitcoin and gold, because, you know, those two are the ultimate safe-haven assets (or so he claims). He reckons holding these two assets is much safer than saving up fiat currencies, such as US dollars. Because, you know, the US dollar is basically worthless (or so he thinks).

WHY I bought more gold and Bitcoin.

Answer: Owning gold and Bitcoin is smarter and safer than saving dollars.

— Robert Kiyosaki (@theRealKiyosaki) February 7, 2025

But, of course, not everyone agrees with Kiyosaki’s genius. Some X users pointed out that Litecoin is also a worthy investment, since it’s like “digital silver” (and Kiyosaki loves physical silver). Yeah, because that’s exactly what the world needs: another cryptocurrency.

Another user pointed out that Bitcoin has one big problem: it’s denominated in US dollars, which Kiyosaki despises. Ah, the classic “it’s all about the dollar” argument.

Bitcoin’s Price Plunge: Because Who Needs Stability, Anyway?

Over the past 24 hours, Bitcoin has taken a significant hit, losing 4.25%. But don’t worry, it’s all part of the plan. On Friday, it managed to recover the $100,000 level after the non-farm payrolls report came out, but now it’s back down to $96,145 per coin. Because, you know, volatility is what makes life exciting.

But Kiyosaki’s all about buying the dip, because that’s what smart people do. In a tweet published on February 3, he said that the “brutal market crash” had arrived and “the stock, bond, real estate, gold, silver, and Bitcoin markets are crashing.” The best assets went on sale, and he planned to buy more BTC, silver, and gold. Because, you know, that’s exactly what you do when the market’s crashing: you buy more.

“This is the best time to get rich,” he said. On that day, Bitcoin collapsed from $98,000 to the $92,200 zone. Because, you know, that’s exactly what you want to hear from a financial guru: “buy more, it’s going to get even worse!”

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2025-02-08 11:08