TLDR:
- Robert Kiyosaki, the financial guru, warns of an impending financial bubble affecting Bitcoin, gold, and silver.
- He has halted his Bitcoin purchases at its peak, citing concerns over a potential bubble burst.
- Despite his caution, Kiyosaki remains optimistic about Bitcoin’s future, planning to buy more after a significant market downturn.
- He urges investors to be educated and patient, emphasizing the importance of strategic buying during market lows.
Robert Kiyosaki, the man behind the legendary Rich Dad Poor Dad, and a staunch supporter of Bitcoin, gold, and silver, has once again donned his prophet’s hat. This time, he’s not just whispering warnings; he’s shouting them from the rooftops. A major economic correction, he proclaims, is on the horizon, and it won’t spare even the so-called safe havens. 🌪️
In a recent social media post, Kiyosaki minced no words: “BUBBLES are about to start BUSTING.” The message, as clear as a bell, rang out on X, his preferred platform for dispensing financial wisdom. According to him, the economy is teetering on the edge, and when it falls, it won’t discriminate between crypto and precious metals. Even the strongest assets, he warns, can succumb to the panic-induced selloffs that often accompany economic turmoil. 📉
But fear not, dear readers, for Kiyosaki is not abandoning ship. He’s merely pausing his Bitcoin buys, especially after the cryptocurrency soared past the $120,000 mark. “Pigs get fat, hogs get slaughtered,” he quipped, advising against the greed that often blinds investors during market euphoria. 🐖💰
Source: X
This isn’t the first time Kiyosaki has predicted a market downturn. But the timing is particularly noteworthy. Bitcoin recently hit a new all-time high, gold has gained nearly 28% this year, and silver is attracting significant investor interest. The market is a cauldron of excitement, and Kiyosaki fears that irrational exuberance may have taken hold. 🔥
A Bubble Ready to Burst?
Kiyosaki’s caution is palpable. Earlier in July, when Bitcoin crossed $117,000, he was all smiles, announcing plans to add more coins to his portfolio. But as the price surged past $120,000, his mood darkened. He decided to halt his purchases, citing economic uncertainty. While he acknowledges that Bitcoin could eventually reach $200,000 or even $1 million, he stresses that now is not the time for blind optimism. “The real winners will be those who buy after the ‘hogs’ have been slaughtered and prices have crashed,” he advises. 💀💸
Source: X
Kiyosaki’s investment strategy is not about avoiding Bitcoin altogether. It’s about being smart and strategic, especially during market dips. “If prices of gold, silver, and Bitcoin crash… I will be buying,” he reassures his followers, hinting at a contrarian approach to investing. 🤑
Bitcoin’s Dominance Slips
It seems Kiyosaki might be onto something. Despite Bitcoin’s recent highs, its dominance in the crypto market is waning. Over just two weeks, the flagship cryptocurrency’s market share dropped from 67% to 61%, a clear sign of changing investor behavior. Altcoins like Ethereum and XRP are gaining ground, suggesting a shift towards diversification and risk-taking. 🚀
Interestingly, gold has outperformed Bitcoin so far, adding nearly 28% to its value since January. While Bitcoin briefly outshone gold, the balance has tipped back in favor of the precious metal. This dynamic introduces a layer of complexity, as investors grapple with where to allocate their capital. 🤔
Despite his short-term caution, Kiyosaki remains bullish on Bitcoin’s long-term prospects. He predicts that the digital currency could eventually reach $1 million. However, he advises newcomers to tread carefully, suggesting they start small and perhaps buy satoshis. “The real winners,” he concludes, “will be those who buy after the ‘hogs’ have been slaughtered and prices have crashed.” 🏆
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2025-07-21 22:40