Renowned investor and entrepreneur Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has issued a stark warning regarding the future of Bitcoin. Following a significant drop in Bitcoin’s price, Kiyosaki suggested that the cryptocurrency could experience a further crash. However, he also sees this as an opportunity for savvy investors to “get richer” by purchasing Bitcoin at lower prices.
Kiyosaki’s remarks come after Bitcoin experienced a sharp 4.20% dip, dropping from the $106,000 mark to approximately $101,564 on Friday. While the cryptocurrency has seen some recovery since then, currently trading at around $102,273, Kiyosaki remains cautious about the market’s future.
Bitcoin’s Decline and the Silver Lining
Kiyosaki’s warning about a Bitcoin crash was triggered by the introduction of new tariffs by U.S. President Donald Trump. On February 1, 2025, Trump imposed a 25% tariff on U.S. trading partners Canada and Mexico, as well as a 10% duty on China. This move caused the Dow Jones Industrial Average to fall by 0.7%, with the S&P 500 and Nasdaq also taking significant losses.
Amidst these market shifts, Kiyosaki tweeted: “Trump tariffs begin: gold, silver, Bitcoin may crash.” His prediction of a broader market downturn did indeed materialize as Bitcoin dropped sharply, alongside other assets such as gold and silver, though these precious metals saw only modest losses.
Despite the downturn, Kiyosaki expressed optimism for the future, seeing market crashes as an opportunity to buy valuable assets at discounted prices. He stated that “crashes mean assets are on sale,” suggesting that now is a prime time for investors to acquire more Bitcoin before prices potentially climb again.
Kiyosaki’s Bitcoin Investment Strategy
In line with his view that Bitcoin could face further price declines, Kiyosaki revealed his own strategy for dealing with the situation. He is preparing to buy more Bitcoin after its price drops even further. For Kiyosaki, downturns in the market aren’t something to fear; rather, they represent an opportunity for investors to acquire more of an asset at a lower price, ultimately increasing their holdings for the long term.
He advised investors to take advantage of Bitcoin’s volatility, signaling that those who buy during market dips may stand to benefit in the future when prices rise again. Kiyosaki’s strategy aligns with his broader investment philosophy of purchasing assets during periods of market uncertainty.
Concerns Over U.S. National Debt
While Kiyosaki is bullish on Bitcoin in the long run, he also pointed out that Bitcoin alone cannot solve the United States’ most pressing issue: its growing national debt. As of now, the U.S. national debt has surpassed $36.4 trillion and continues to rise. Kiyosaki expressed concern that the national debt will only worsen and remains a significant economic challenge.
This issue of national debt was a prominent topic during the 2024 U.S. presidential election, where Trump advocated for adopting Bitcoin as a tool to help reduce the national debt. Trump even proposed the idea of establishing a Strategic Bitcoin Reserve and suggested that Bitcoin could potentially be used to pay down part of the U.S. debt.
A Time to Get Richer
Despite his concerns about the national debt, Kiyosaki is optimistic about the potential for Bitcoin and other safe-haven assets to thrive, especially for those who are able to buy during periods of market volatility. He emphasizes that now is a prime time to buy Bitcoin at discounted prices, viewing the current market conditions as a unique opportunity to “get richer.”
As Bitcoin continues to experience fluctuations in price, Kiyosaki’s advice serves as a reminder for investors to approach the market with caution, but also to recognize the potential opportunities that come with market downturns. Whether Bitcoin’s price will continue to fall or experience a sharp rebound remains to be seen, but Kiyosaki’s perspective encourages investors to stay alert and take advantage of the market’s natural volatility.
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