#RobertKiyosaki , the author of Rich Dad Poor Dad , is no stranger to making bold financial predictions. His recent comment on Bitcoin’s decline is no exception. Kiyosaki grabbed attention in a post he shared on X (formerly Twitter) on January 8. He pointed to Bitcoin’s recent drop below $100,000, where it fell to $95,000. He didn’t describe the largest cryptocurrency’s stability at $96,000 as a cause for concern. Instead, he viewed it as a rare buying opportunity.
While most investors were biting their nails in worry, Kiyosaki had already started filling his shopping cart. Given that there are only 21 million coins in existence so far and less than 2 million will ever be mined, every drop in price reinforces his belief that demand will one day collide with the dwindling supply. The author’s reaction was quite blunt, using X to illustrate his position: “Bitcoin is crashing. Great news. I’ll keep buying Bitcoin because Bitcoin’s drop means Bitcoin is undervalued. Remember, ‘buy low… and hold.’ Less than 2 million more Bitcoin will be mined.”
This approach is nothing new for Kiyosaki. He has consistently said that he sees Bitcoin as a hedge against inflation. He has also positioned the leading cryptocurrency as a hedge against economic instability. This sentiment has clearly been heightened by his broader economic outlook. The financial guru didn’t stop at Bitcoin. He previously shared a bleak prediction about the global economy, stating that “the biggest stock market crash in history” was already underway. His message was clear: prepare for a worldwide price collapse. “Please be smart, keep your eyes and ears open,” Kiyosaki said. “Many valuable assets like homes, gold, silver, and Bitcoin will be on sale. I will buy more real assets with fake US dollars.”
