Author of "Rich Dad Poor Dad" Unexpectedly Stops Bitcoin Investments, Alarms "Millions Could Potentially Lose Wealth"
In the ever-evolving world of cryptocurrency, a notable figure in personal finance has taken a strategic pause in his Bitcoin investments. Robert Kiyosaki, author of the best-selling book "Rich Dad Poor Dad", has halted purchasing Bitcoin after it surged past $120,000, according to a report by The Daily Hodl.
Kiyosaki, known for his disciplined approach to investing, has maintained an optimistic yet cautious stance on Bitcoin. He identifies himself as a "disciplined fat pig" investor, patiently buying Bitcoin during market corrections and accumulating more when the opportunity arises. This strategy contrasts with more reckless investors he calls "hogs" who buy too late or take excessive risks.
The renowned author has set a bullish price target of $250,000 for Bitcoin by the end of 2025, and even predicts the price could reach $1 million by 2030. Kiyosaki's focus is on the quantity of Bitcoin owned rather than short-term price fluctuations. He shared that he started buying Bitcoin when it was around $6,000 and wishes he had more capital back then to accumulate more.
As of mid-July 2025, Kiyosaki has paused buying more Bitcoin until clearer economic signals emerge. While satisfied with his current holdings, he waits to see how the economy shapes up before resuming purchases. The author encourages new investors to enter Bitcoin gradually, even with very small amounts like a single satoshi, to gain exposure without missing out on potential future gains.
Meanwhile, other developments in the cryptocurrency space include MultiBank Group selling out seven million MBG tokens in under one hour during an initial pre-sale. The Sandbox also launched the largest LAND sale to date on GBM Auctions.
Elsewhere, Warren Buffett is reportedly sitting on $350 billion in cash, possibly waiting for a global financial crash. As for Bitcoin, it is currently trading for $118,217 at the time of writing.
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[1] The Daily Hodl, "Robert Kiyosaki: Bitcoin Could Reach $1 Million by 2030", 2021. [2] The Daily Hodl, "Robert Kiyosaki: I Wish I Had More Money to Buy More Bitcoin", 2021. [3] The Daily Hodl, "Robert Kiyosaki: I'm Not Buying More Bitcoin Until I See Clearer Economic Signals", 2025. [4] Cointelegraph, "Robert Kiyosaki: Bitcoin Could Reach $250,000 by 2025", 2021.
- Robert Kiyosaki, known for his disciplined approach to investing, has paused his Bitcoin purchases after it surged past $120,000, as reported by The Daily Hodl.
- Kiyosaki, author of the best-selling book "Rich Dad Poor Dad", identifies himself as a "disciplined fat pig" investor, buying Bitcoin during market corrections and accumulating more when the opportunity arises.
- Despite halting his Bitcoin investments, Kiyosaki maintains a bullish price target of $250,000 for Bitcoin by the end of 2025 and predicts the price could reach $1 million by 2030.
- Kiyosaki encourages new investors to enter Bitcoin gradually, even with very small amounts, as a way to gain exposure without missing out on potential future gains.
