‘Rich Dad Poor Dad' author warns Bitcoin buyers as price tops $120K
Rich Dad Poor Dad author Robert Kiyosaki issued a cautious but hopeful statement on social media as Bitcoin's price (BTC) broke through the barrier and moved above $121,000 to a new all-time high.
As the largest cryptocurrency reached a milestone on July 14, Kiyosaki positioned the rally as a time to reflect, specifically for those who have yet to enter the crypto market.
"Great news for those who already have some Bitcoin. Bad news for who… for whatever reason… never 'pulled the trigger'. They own nothing. As warned in previous X…Pigs get fat…. Hogs get slaughtered," Kiyosaki wrote.
While he's buying one more Bitcoin, Kiyosaki said he won't buy again until the economy's direction is clearer. But he admitted that he'd be tempted if he could take the $200K bet to $1 million.
He wrote, "As tempting as Bitcoin going to $200k to $1 Million is….I do want to be a HOG and get slaughtered….If you have not begun acquiring BITCOIN….I suggest starting very small… starting with a Satoshi."
Kiyosaki also mentioned Warren Buffett's $350 billion cash, conjecturing that he has been waiting for a crash to pick up some quality assets.
As always, he finished with a blunt warning saying, "Millions are about to become poorer." But he also offered hope, saying those who are smart, patient, and alert could emerge much richer.
Previously, Kiyosaki warned that if Bitcoin ultimately rises to $1 million per coin, many people will lament never having bought at today's price. If all they could have purchased was a single satoshi (which is the smallest unit of Bitcoin), Kiyosaki contended the feeling would be the same: "You will be saying, 'I wish I had bought more.'"
'Rich Dad Poor Dad' author warns Bitcoin buyers as price tops $120K first appeared on TheStreet on Jul 14, 2025
This story was originally reported by TheStreet on Jul 14, 2025, where it first appeared.
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