Robert Kiyosaki, author of 'Rich Dad Poor Dad', confirmed he bought another Bitcoin when the price exceeded $120,000. However, he also stated he will not make further purchases until the market direction is clear.
Kiyosaki Buys Bitcoin Amid New Record
Bitcoin reached a new all-time high of over $122,000, prompting Robert Kiyosaki to purchase an additional unit of the asset. In his message, he expressed optimism regarding the current Bitcoin rally but noted this does not imply an increase in purchasing volume.
Kiyosaki commented, "I’m buying one more coin… and get fatter."
Kiyosaki's Cautious Investment Approach
Kiyosaki warned his followers against blind purchases, stating he would wait until the economic situation is clearer. He emphasized he is not willing to take excessive risks, referencing the saying that "pigs get fat, but hogs get slaughtered" in the investment context.
"I don’t want to be greedy," he remarked, clarifying that his decision to halt purchases is not due to a loss of faith in the asset but a reaction to overall financial uncertainty.
Analysis of Current Bitcoin Market Trends
According to analytical data, the current rise in Bitcoin price is driven by inflows into ETFs, a lack of selling pressure, and high institutional demand.
Kiyosaki also warned against saving in fiat currencies, reminding that the dollar has lost 95% of its purchasing power since the 1970s.
Various analysts, including Merlijn The Trader, note that Bitcoin is currently in the upper range of a historical regression band, which may signal potential price corrections in the future.
Robert Kiyosaki continues to support Bitcoin; however, his recent actions reflect a cautious approach amid market uncertainty. Investors should closely monitor current economic conditions before making further moves.
