Robert Kiyosaki, author of Rich Dad Poor Dad, has renewed his bullish stance on bitcoin while urging caution at current price levels. After bitcoin climbed above $60,000, Kiyosaki said the asset’s future looks “very bright,” but added that he is not rushing to buy at the current level. Instead, he said he is waiting for the next pullback before adding more BTC to his position.
In a social media post, Kiyosaki celebrated bitcoin’s move past $60,000 but warned investors to stay careful despite the strong momentum. His latest remarks are consistent with his long-standing support for bitcoin. At the same time, they also reflect his broader market concerns. In recent months, he has repeatedly warned that a major stock market crash could be approaching and that such a downturn might also hit crypto alongside other risk assets.
Long-term optimism, short-term caution
Kiyosaki has argued that the world is facing an enormous asset bubble and that a severe correction could follow. In that scenario, he said gold, silver, and bitcoin could all come under pressure. Even so, he has continued to frame bitcoin as one of the assets with the strongest upside potential, especially in an environment where confidence in the U.S. dollar is weakening.
According to the report, bitcoin was trading at about $62,362 at the time of writing. Despite the rally, Kiyosaki indicated that he prefers to wait for a more attractive entry point rather than chase the market higher. That position highlights a tactical approach: bullish on the long-term outlook, but selective about near-term timing.
Distrust in traditional institutions remains central
Kiyosaki also restated the core reason behind his bitcoin investment thesis. He said he likes bitcoin because he does not trust the Federal Reserve, the U.S. Treasury, or Wall Street. The comment echoes his earlier statements that he buys bitcoin, gold, and silver largely because he lacks confidence in political leadership, monetary authorities, and the traditional stock market system.
Overall, his latest comments deliver a mixed but consistent message: bitcoin’s long-term prospects remain strong in his view, yet investors should remain disciplined and prepared for volatility before making additional allocations.