- Robert Kiyosaki says he is waiting for new market bottoms before buying Bitcoin and gold.
- He warns that rising U.S. debt and currency debasement threaten long-term stability.
- Market participants question inconsistencies between his recent and earlier statements.
Robert Kiyosaki is urging caution on Bitcoin and gold amid growing U.S. debt risks. He said he is waiting for new market bottoms before buying again. His remarks have sparked debate over timing and consistency.
Kiyosaki Waits for New Entry Points
Robert Kiyosaki, author of Rich Dad Poor Dad, said he has paused new purchases of Bitcoin and gold while waiting for what he described as new market bottoms. In a post on X, Kiyosaki said he stopped buying silver at $60 an ounce, Bitcoin at $6,000, and gold at $300.
He said he has sold portions of his Bitcoin and gold holdings, adding that he dislikes selling because of capital gains taxes. Kiyosaki said he plans to buy again once prices decline further.
“Your profit is made when you buy, not when you sell,” he wrote, emphasizing patience during periods of market volatility.
Kiyosaki also said he would consider buying more silver at $74 an ounce and gold at $4,000. He noted that he currently holds enough Ethereum but expects to add more in the future.
U.S. Debt and Dollar Concerns
Kiyosaki linked his cautious stance to concerns over U.S. fiscal policy and rising debt levels. He cited roughly $38 trillion in federal debt and warned that long-term obligations tied to programs such as Social Security and Medicare further strain the system.
He argued that growing debt undermines confidence in the U.S. dollar and erodes purchasing power over time. Kiyosaki blamed the Federal Reserve and U.S. policymakers for inflation and financial instability, saying these forces create long-term risks for savers. He warned that difficult economic conditions lie ahead and urged investors to remain vigilant and patient.
Scrutiny Over Conflicting Messages
Kiyosaki’s comments drew criticism from market observers and social media users who pointed to inconsistencies in his recent statements. Several noted that he had previously described market downturns as buying opportunities and said he continued accumulating assets regardless of price fluctuations.
In earlier posts from January, Kiyosaki said he did not care whether prices of gold, silver, Bitcoin, or Ethereum rose or fell. He stated that he continued buying because he believed U.S. debt trends would weaken the dollar over time.
Critics also questioned his decision to stop buying silver at $60 while signaling interest in buying again at $74. Others highlighted his recent admissions of selling Bitcoin and gold, which appeared to conflict with his long-standing message of continuous accumulation.
Some commenters challenged his historical claims of buying assets at significantly lower prices, saying such statements are difficult to verify and rely on hindsight.
Market participants continue to debate how rising debt, inflation, and monetary policy will shape asset prices. Analysts note that waiting for market bottoms can leave investors underexposed if prices do not return to earlier levels, while frequent trading introduces timing risk.
Related: What’s the Reason Behind Bitcoin’s Crash to $60K?
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Source: https://coinedition.com/robert-kiyosaki-pauses-bitcoin-and-gold-buys-waits-for-new-market-bottoms/