Robert Kiyosaki, author of Rich Dad Poor Dad, has warned that Bitcoin, gold, and silver could soon face a sharp correction, diverging from the current optimism among crypto analysts. On Monday, Kiyosaki said , “Bubbles are about to start busting,” and added that he expects these assets to drop significantly before he plans to buy more. His comments come just days after celebrating Bitcoin’s new all-time high above $120,000 , where he remarked that the rally was “bad news” for those who never invested, claiming, “They own nothing.” Despite his previous enthusiasm , Kiyosaki also cautioned investors to avoid overextending themselves in the crypto market, famously saying, “Pigs get fat, hogs get slaughtered.” He had earlier stated he would buy one more Bitcoin before pausing further purchases to watch where the economy is heading. Mixed Signals from Kiyosaki Spark Debate Kiyosaki’s recent bearish stance contrasts with his earlier criticism of “clickbait losers” who warn of Bitcoin crashes, arguing that such predictions aim to scare speculators away from the market. This inconsistency has led to criticism from some corners of the crypto community. The market newsletter Brew Markets highlighted that Kiyosaki has issued multiple crash warnings for both crypto and stock markets, many of which did not materialize. Despite discussions about Bitcoin and crypto treasuries displaying bubble-like characteristics , experts remain divided. Joe Burnett, director of Bitcoin Strategy, dismissed the bubble argument, explaining that companies accumulating Bitcoin are not betting on untested ideas but are investing directly in what they consider sound money. According to Burnett, the perception of a bubble persists because many still do not understand Bitcoin’s underlying value. Investors Urged to Conduct Independent Research Henrik Andersson, chief investment officer at Apollo Capital, encouraged investors to rely on their own research rather than following “influencers” for investment decisions. Similarly, “Cape,” an NFT collector and founder of the Furyou collection, pointed out that Bitcoin has been labelled a scam and a bubble nearly every year since its inception, yet it continues to recover and grow. Bitcoin’s historical four-year cycle pattern remains intact, with analysts expecting 2025 to mark the bull market peak if the pattern holds. Current projections place Bitcoin’s potential top between $130,000 and $200,000 by year-end, while CoinGlass’s bull market dashboard shows no signs of an imminent peak. Kiyosaki’s warning, while noteworthy, may serve as a reminder for investors to assess their risk appetite and long-term strategies before making decisions amid Bitcoin’s volatile but historically cyclical market movements. The post Robert Kiyosaki Warns Bitcoin Bubble Could Burst, Plans to Buy After Dip appeared first on TheCoinrise.com .
