“Rich Dad Poor Dad” author Robert Kiyosaki has reiterated that he will not sell his Bitcoin or gold, telling his 2.8 million followers on X that he remains committed despite sharp market declines.
“The everything bubbles are bursting,” he said in a post on Saturday, arguing that the true cause behind falling markets is a global cash shortage.
“The cause of all markets crashing is the world is in need of cash,” he added.
Kiyosaki said he expects governments to respond with what he calls “The Big Print,” referencing Lawrence Lepard’s thesis that authorities will eventually resort to significant money creation to manage expanding debt burdens.
“The Bug Print is about to begin… which will make gold, silver, Bitcoin, and Ethereum more valuable… as fake money crashes,” he said.
He advised that those who need liquidity may choose to sell, claiming that panic often stems from cash needs rather than changes in long-term conviction.
Kiyosaki Plans to Buy More Bitcoin After the Market Crash
In a follow-up post, Kiyosaki emphasized that he intends to accumulate more Bitcoin once the current downturn stabilizes.
“I will buy more Bitcoin when crash is over,” he said.
He reminded followers that Bitcoin’s supply is capped at 21 million, positioning the asset as a long-term hedge.
He also encouraged followers to join “Cashflow Clubs” centered around his board game, saying that learning collectively can help investors avoid costly mistakes.
Market Sentiment Falls Into Extreme Fear
Crypto influencer Mister Crypto highlighted that the Bitcoin Fear and Greed Index had plunged to 16, entering the “Extreme Fear” zone.
Historically, such readings have been considered potential buying opportunities by some investors.
Analysts Warn Against Premature Bottom Calls
Crypto analytics firm Santiment has urged traders to approach the market with caution.
The company noted a surge in social media posts claiming that Bitcoin has already reached its bottom following a brief dip below $95,000 on Friday.
Santiment warned that widespread optimism regarding a market floor often precedes further downside.
Historically, bottoms tend to form when traders expect prices to fall even further, not when they show optimism about a rebound.
The current climate underscores the uncertainty surrounding the market, even as long-term holders like Kiyosaki signal continued confidence.
