Robert Kiyosaki: I’m Waiting for the Crash to End Before Buying More Bitcoin
Author and investor Robert Kiyosaki has announced his strategy amid the recent crypto market downturn, stating he intends to purchase more Bitcoin once the selloff concludes. In a post on X, the “Rich Dad Poor Dad” author confirmed he is not selling his current holdings, explaining that his financial position doesn’t require him to liquidate assets for cash.
Kiyosaki contrasted his approach with that of many investors who, he suggested, are often forced to sell during market dips to cover daily expenses. Instead of divesting, he is patiently waiting for an opportunity to increase his exposure to the digital asset.
Concerns Over Global Debt and ‘The Big Print’
Kiyosaki’s bullish long-term outlook on Bitcoin is tied to his concerns about global debt. He pointed to the possibility that mounting government debt could compel authorities to significantly increase the money supply—a concept he calls “The Big Print,” crediting the term to analyst Lawrence Lepard.
He believes such a move would erode public trust in traditional currencies and, in turn, drive up the value of hard assets. According to Kiyosaki, this scenario would benefit not only Bitcoin but also Ethereum, gold, and silver. His stance aligns with previous statements where he encouraged investors to acquire Bitcoin and Ethereum, framing it as a hedge against the potential decline of the U.S. dollar.
A Focus on Cash Flow and Past Lessons
In a separate update, Kiyosaki reiterated his core financial philosophy, which prioritizes consistent cash flow from assets like real estate, oil wells, and private business deals. He expressed his distrust of stocks and bonds, though he acknowledged that other investors might find value in them.
Reflecting on his journey, Kiyosaki noted that learning from past mistakes has been crucial to his success. He explained that overcoming the fear that drives panicked decisions during market volatility helped him build a more resilient financial foundation. He emphasized that his statements are not advice but simply a transparent look at his personal strategy, urging individuals to make decisions based on their own financial needs.
Market Context and Industry Reactions
Kiyosaki’s comments come as the cryptocurrency market experiences a significant pullback, with Bitcoin trading well below its recent all-time high. The downturn has fueled widespread speculation, including rumors that major corporate holder MicroStrategy was selling its Bitcoin. The company’s executive chairman, Michael Saylor, has publicly dismissed these claims, stating that MicroStrategy is, in fact, continuing to accumulate more Bitcoin.