Robert Kiyosaki isn’t scared of the crypto sell-off. He is looking forward to the next one. “People paniced when gold, silver, Bitcoin crash. I bought more,” the “Rich Dad Poor Dad” author wr
Robert Kiyosaki isn’t scared of the crypto sell-off. He is looking forward to the next one.
“People paniced when gold, silver, Bitcoin crash. I bought more,” the “Rich Dad Poor Dad” author wrote on X.
“Can’t wait for the next crash of gold, silver, Bitcoin,” he added.
Kiyosaki argued that price drops are a distraction from bigger problems.
“The real problem is the growing size of global debt, especially the USA, the incompetence of our leaders to do what really needs to be done, an education that teaches nothing, zero, nada about money,” he wrote.
He also took aim at paper currency, saying the purpose of “fiat money (Fake money)” is “to steal the wealth of the people who work for money, and save fake money.”
His debt concerns aren’t without basis. The U.S. national debt stood at roughly $40.39 trillion.
Kiyosaki’s comments come as Bitcoin struggles through a weak stretch, with the cryptocurrency recently retesting previous lows.
Related: Musk warned America will go 1,000% bankrupt. Now U.S. debt tops $40 trillion and counting
Bitcoin was trading at $76,786 on Oct. 31 and had dropped 8.23% for the month. CoinGlass data suggested it was on track for its worst October in 12 years.
That is a sharp turnaround for a month that has historically averaged gains above 26%.
At that price, the world’s largest cryptocurrency sat roughly 39% below its record high of $126,080, set on Oct. 6, 2025.
For long-term holders like Kiyosaki, that gap is a buying opportunity. For newer investors who bought near the top, it has been a painful ride.
Kiyosaki has long called fiat currency “fake money” and backed Bitcoin, gold and silver as alternatives.
Earlier he urged his followers to get into gold, silver and Bitcoin before it is too late.
He has long advocated holding gold, silver, Bitcoin, and select real estate as a way to protect wealth.
He has also consistently framed these assets as a response to inflation and the declining purchasing power of cash, arguing that the monetary system penalized savers who kept their wealth in depreciating currency.
Related: Bitcoin's $350,000 price target comes with a terrifying warning, analyst says
