Foreign media reports that following Bitcoin's recent pullback, Robert Kiyosaki, author of "Rich Dad Poor Dad," has once again spoken out, reminding investors not to rush into the market due to hype. This time, he did not provide new price targets, but instead focused on financial literacy and buying discipline.
Kiyosaki stated that investors should not blindly buy assets without understanding them. Even assets widely considered "safe" can lead to losses if the timing of purchase is inappropriate or if a clear plan is lacking. He also used this opportunity to criticize the traditional investment narrative that portrays U.S. Treasury bonds as safe assets.
Bitcoin pullback continues to test market sentiment.
The report noted that Bitcoin had previously been under pressure due to geopolitical tensions, outflows from spot ETFs, and leveraged liquidations, briefly stabilizing around $73,000. However, analysts believe that the market still faces the risk of further declines.
Against this backdrop, Kiyosaki's statement seems more like a warning against chasing rising prices. He has long supported Bitcoin, Ethereum, gold, and silver, and has repeatedly advocated buying scarce assets during market panics. However, this time he emphasized that if the reason for buying is simply "everyone else is buying," the risk of loss will not be reduced.
Continue to be bearish on US Treasuries; pay attention to gold and silver.
Kiyosaki also mentioned changes in global capital flows. He stated that major holders of US Treasury bonds, such as Japan and China, are reducing their exposure to US Treasuries while increasing their interest in gold and silver.
He has consistently criticized U.S. Treasury bonds, the fiat currency system, and retirement savings products linked to traditional markets, arguing that inflation and rising government debt are eroding purchasing power. He is more concerned about the long-term effects of expanding national debt and a weakening dollar than short-term price fluctuations.
My long-term preferences remain unchanged, but my views have always been radical.
The report indicates that Kiyosaki still prefers assets such as Bitcoin, Ethereum, gold, silver, oil, and livestock, and stated that he does not hold 401(k) or IRA, and also avoids listed stocks and bonds.
However, his market predictions have always been rather aggressive. The report mentions that in March of this year, he predicted that Bitcoin could rise to $750,000 after a major crash, and Ethereum could rise to $95,000. Meanwhile, critics have pointed out that some of his past predictions about market crashes did not materialize within the timeframes he predicted.
Overall, the core of this commentary is not to predict Bitcoin's next move, but rather to emphasize whether investors truly understand the assets they are buying and whether they have sufficient patience and planning during periods of increased market volatility.
