Kiyosaki Warns of Bitcoin FOMO Panic Buying as Prices Surge

Generated by AI AgentCoin World
Saturday, Jul 12, 2025 2:16 pm ET1min read

Robert Kiyosaki, the author of "Rich Dad Poor Dad," has cautioned

investors about an impending wave of panic buying driven by the fear of missing out (FOMO). Kiyosaki, who recently acquired Bitcoin at $110,000, anticipates that the market is entering what analyst Raoul Pal refers to as the "Banana Zone." This phase is marked by a surge of speculative investors, driven by FOMO, who may incur losses as they chase price spikes. Kiyosaki's strategy involves waiting for these latecomers to enter at higher prices before selling, creating future buying opportunities for disciplined investors.

Kiyosaki's investment philosophy is centered on the belief that profit is made at the point of purchase, not at the point of sale. He is betting that today's high prices will seem cheap in retrospect, given his long-term conviction that Bitcoin could reach $1 million per coin. Despite acknowledging the risk of being "a sucker," Kiyosaki is willing to take on potential losses, having previously experienced significant investment mistakes. He encourages others to accumulate Bitcoin, even if it's just one Satoshi, believing they will regret not buying more in the future.

Kiyosaki's approach to wealth management and cryptocurrency reflects his broader financial education principles. He views Bitcoin purchases as learning experiences rather than speculative trades. His public disclosure of purchase prices provides transparency about his conviction levels and market timing decisions. Kiyosaki advises readers to think independently and not rely solely on his investment rationale, emphasizing that his financial position allows him to absorb potential losses that others might find devastating.

Kiyosaki remains one of Bitcoin’s most vocal advocates, maintaining that the asset could rally toward a $1 million price target. He believes Bitcoin will outperform traditional assets amid the ongoing devaluation of the U.S. dollar. Kiyosaki’s perspective is rooted in his long-standing distrust of the dollar, which he refers to as “fake money,” and his broader support for alternative assets. He has praised Bitcoin investors for rejecting the U.S. government and

, which he described as a “Den of Thieves.”

Kiyosaki has also warned of a potential economic crash that could wipe out substantial wealth. In response, he continues to advocate for Bitcoin, gold, and silver as essential tools for preserving value. He regards Bitcoin, gold, and silver as equally important, dismissing the Bitcoin vs. gold debate as a distraction from deeper economic issues. All three assets have posted significant gains in 2025, even as the stock market, despite hitting new highs, has faced volatility.