Rich Dad Poor Dad author Robert Kiyosaki says he'll double down on Bitcoin if ‘August Curse' sends it below $90K
, the author of the personal finance bestseller book Rich Dad Poor Dad, said he would double his
Bitcoin
holdings if the so-called 'Bitcoin August Curse' pushes the cryptocurrency's price below $90,000, a level it has not tested since early May.
'Will the 'Bitcoin August Curse' crash Bitcoin's price to below $90k? I hope so,' Kiyosaki posted on X (formerly Twitter) on Monday, referring to the historical pattern of weak crypto performance during the month of August. 'If the Bitcoin
August Curse
hits and Bitcoin crashed, I stand by to 2x my position today.'
Productivity Tool
Zero to Hero in Microsoft Excel: Complete Excel guide
By Metla Sudha Sekhar
View Program
Finance
Introduction to Technical Analysis & Candlestick Theory
By Dinesh Nagpal
View Program
Finance
Financial Literacy i e Lets Crack the Billionaire Code
By CA Rahul Gupta
View Program
Digital Marketing
Digital Marketing Masterclass by Neil Patel
By Neil Patel
View Program
Finance
Technical Analysis Demystified- A Complete Guide to Trading
By Kunal Patel
View Program
Productivity Tool
Excel Essentials to Expert: Your Complete Guide
By Study at home
View Program
Artificial Intelligence
AI For Business Professionals Batch 2
By Ansh Mehra
View Program
Link to the post:
https://x.com/theRealKiyosaki/status/1952274435282485373
Crypto Tracker
TOP COIN SETS
Crypto Blue Chip - 5
-4.36%
Buy
Web3 Tracker
-10.38%
Buy
DeFi Tracker
-11.75%
Buy
NFT & Metaverse Tracker
-13.76%
Buy
AI Tracker
-14.48%
Buy
TOP COINS
(₹)
XRP
264 (
5.69%
)
Buy
Ethereum
311,072 (
3.29%
)
Buy
BNB
66,337 (
1.78%
)
Buy
Solana
14,290 (
1.67%
)
Buy
Bitcoin
10,046,264 (
1.39%
)
Buy
Kiyosaki's comments come at a time of heightened uncertainty in the digital asset market. Bitcoin was trading at $114,294 as of 4:51 PM IST Monday, up 0.1% on the day after briefly dipping to $111,800 over the weekend. Ethereum gained 2.6% to $3,533, while altcoins like Cardano, XRP, and Stellar rose as much as 8%. The total global
crypto market
capitalisation edged up 0.1% to $2.27 trillion, according to CoinMarketCap.
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View
Details
»
Macro risk, not Bitcoin
Kiyosaki attributed any potential downturn in Bitcoin not to flaws in the cryptocurrency itself, but to deeper systemic issues.
Live Events
'The problem is not Bitcoin. The real problem is our multi trillion dollar debt and incompetent PhDs running 'the SWAMP' the Fed and our Treasury,' he wrote. He said that the August drop, if it materializes, would ultimately benefit committed investors: 'The Bitcoin August Curse will make most Bitcoin investors richer.'
The author also referenced his recent experience attending financial conferences like 'The Collective' and 'Limitless Financial Education Event,' noting the insights he gained from speakers including Larry Lepard, Jim Rickards, and Brent Johnson, whom he described as 'real teachers who practice what they teach… unlike fake school teachers…. who have no idea what they teach.'
Bearish sentiment and August seasonality
Bitcoin's recent dip below the $112,000 support level marks 'a critical turning point in the cryptocurrency market,' according to research from AInvest. The breach, confirmed by crypto services firm Matrixport, signals 'growing bearish sentiment and intensifying investor caution,' with the potential to trigger automated sell-offs as traders reassess their risk exposure.
August has historically been a turbulent month for crypto, due to seasonally low trading volumes and heightened sensitivity to macroeconomic developments. This year, those pressures are compounded by broader risk aversion following tariff salvo by U.S. President Donald Trump, and signs of a cooling U.S. labor market.
Policy shifts driven by signs of economic weakness, rather than strength, have put added pressure on risk assets such as cryptocurrencies. As a result, capital is increasingly moving into traditional safe havens like gold and government bonds. Bearish sentiment has continued to build, while institutional participation has declined amid tighter risk mandates, according to AInvest.
Despite this, Kiyosaki remains steadfast in his long-term conviction: if a crash materializes, he's buying more.
Also read |
Rich Dad Poor Dad author Robert Kiyosaki calls Bitcoin priceless at $107,000, says he's still buying
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
Apple drops $100B US manufacturing bomb—Trump, Cook announce $600B total plan as Wall Street goes wild
Apple has just taken a massive step forward in boosting U.S. manufacturing. The tech giant announced it will invest another $100 billion in the United States. This new commitment brings Apple's total planned investment to a staggering $600 billion over the next four years. Apple CEO Tim Cook joined President Donald Trump at the White House to make this big announcement, which has sent Apple's stock soaring on Wall Street. What does Apple's $600 billion US investment really mean? Apple's $600 billion investment plan isn't just a number—it's a major push to bring more manufacturing back to the U.S. The new $100 billion addition is part of Apple's ambitious American Manufacturing Program (AMP) . This program aims to expand Apple's supply chain and production capabilities on American soil, including advanced manufacturing processes. The move is designed to reduce Apple's reliance on overseas manufacturing and create more high-tech jobs in the U.S. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Apple plans to work with many American companies such as Corning, Coherent, Applied Materials, Texas Instruments, and Broadcom to build key parts and materials domestically. One standout deal is the $2.5 billion investment with Corning to produce 100% of iPhone and Apple Watch glass in Kentucky. This facility will feature the world's largest and most advanced smartphone glass production line and an Apple-Corning Innovation Center. How will this impact jobs and the American economy? This massive U.S. investment isn't just about products; it's about people and jobs. Apple is set to hire around 20,000 new employees in the U.S. over the next four years. These hires will be focused on research and development, silicon engineering, software development, and artificial intelligence—all cutting-edge areas. This move is expected to give a real boost to the American economy, particularly in manufacturing sectors that have seen decline over the years. With more advanced manufacturing happening domestically, Apple hopes to build a resilient supply chain that can withstand global disruptions. The initiative also aligns closely with President Trump's 'America First' economic policies, which emphasize growing U.S.-based production and reducing dependence on foreign suppliers. Live Events Why is Apple investing so heavily in US manufacturing now? There are several reasons behind Apple's big investment push in the U.S. For one, global trade tensions and tariffs have made overseas manufacturing more complicated and expensive. By increasing production in the U.S., Apple can avoid some of these trade-related costs and risks. Moreover, customers and governments worldwide are paying more attention to supply chain security and sustainability. Bringing manufacturing closer to home helps Apple improve oversight and reduce its environmental footprint. Finally, investing in American manufacturing supports innovation, as close collaboration between engineers and factory workers accelerates new product development. How did the stock market respond to Apple's announcement? Wall Street responded enthusiastically to Apple's news. The company's stock price jumped nearly 5%, adding roughly $140 billion to its market value in just one day. Investors see Apple's plan as a smart way to secure its supply chain, avoid tariffs, and tap into the growing push for domestic production. This stock surge reflects confidence in Apple's leadership and long-term strategy. It also shows that the market values companies willing to invest big in U.S. manufacturing and innovation, especially amid ongoing global economic uncertainties. What does this mean for Apple's global supply chain strategy? While Apple is ramping up its U.S. manufacturing, it's not abandoning its global supply chain. Instead, the company aims to balance production across different regions. By diversifying where products and components are made, Apple can better handle disruptions like those caused by the pandemic or geopolitical tensions. The new American Manufacturing Program adds an important layer of resilience to Apple's operations, making the supply chain more flexible and secure. This strategy keeps Apple competitive in a world where manufacturing agility is more important than ever. FAQs Q: What is Apple's American Manufacturing Program? A: It's Apple's $600 billion plan to expand manufacturing and supply chains in the U.S., creating jobs and building advanced facilities. Q: How did Apple's stock react to the investment announcement? A: Apple's stock jumped nearly 5%, reflecting strong investor confidence in the company's U.S. growth plans. Economic Times WhatsApp channel )
Time of India
2 hours ago
- Time of India
AppLovin stock spikes 4% on explosive Q2 earnings—can 77% revenue growth fuel its AI ad-tech dominance?
AppLovin posts blockbuster Q2 2025 results with massive 77% revenue spike- AppLovin is making serious waves in the tech and advertising space once again, delivering an eye-popping 77% year-over-year revenue jump in Q2 2025. The ad-tech powerhouse reported $1.259 billion in quarterly revenue—crushing Wall Street's expectations of around $1.22 billion. This strong performance not only shows the company's sharp pivot toward AI-powered advertising is paying off but also reinforces investor confidence, even as it sheds its gaming app division. AI ad-tech leads profitability surge with 99% YoY jump in EBITDA Adjusted EBITDA for Q2 came in at a staggering $1.018 billion, marking a 99% increase from the same period last year and surpassing analyst forecasts. This translates into a margin close to 81%, underscoring AppLovin's ability to scale profits through automation and AI optimization across its ad network. The company's strategic shift to focus purely on ad-tech seems to be fueling hyper-efficiency and robust margins. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Stock Movement : Intraday Surge : Up around 3–4% After-Hours Dip : Down ~2.2% Due to concerns post-apps division divestiture Current Price : ~$390.80 52-Week Range : ~$66 to ~$525 Technical Buy Point : Near $429 Identified as : Breakout stock by IBD Technical Rating : 'Strong Buy' across platforms Net income skyrockets 164% as AppLovin beats Wall Street expectations The bottom line was just as impressive: AppLovin reported net income of $820 million—up 164% year-over-year—with $772 million attributed to continuing operations. Earnings per share (EPS) hit $2.39, blowing past the $1.95 consensus by a wide margin of nearly $0.44. These results clearly reflect the company's sharp execution in monetizing its platform at scale, without the overhead of its former gaming business. Q3 2025 guidance signals more growth ahead for AppLovin Looking forward, AppLovin projects Q3 2025 revenue between $1.32 billion and $1.34 billion, coupled with adjusted EBITDA guidance of $1.07 billion to $1.09 billion. That means margins are expected to remain around 81%, a strong indicator that its high-growth ad-tech model remains on a firm upward trajectory. This guidance continues to paint a promising picture for sustained growth as demand for programmatic advertising and AI ad solutions accelerates. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Fastest Way to Overcome Knee Pain and Swelling Wellnee Undo Despite stellar earnings, stock dips slightly in after-hours trading Interestingly, even after the beat across all major metrics and bullish forward guidance, AppLovin's stock dipped roughly 2.2% in after-hours trading. Analysts suggest this may reflect cautious sentiment about the company's recent divestiture from its gaming app division, as some investors assess the long-term impact of the pivot to an ad-tech-only model. However, the pullback appears to be more a short-term reaction than a reflection of fundamentals. Wall Street analysts remain bullish with up to 40% upside forecast Despite the minor after-hours dip, analysts remain strongly bullish. The median 12-month price target sits at $485, while Wedbush and Jefferies have issued even more optimistic projections at $620 and $530, respectively. Based on AppLovin's current trading price of approximately $390.80, this implies an upside potential of 20% to 40%. The stock also continues to attract institutional backing, reinforcing confidence in its long-term potential. AppLovin ranks among top mutual fund holdings alongside Nvidia and Meta Institutional investors are clearly impressed. AppLovin has become one of the top mutual fund picks in 2025, pulling in around $1.44 billion in inflows. That places it just behind giants like Nvidia and Meta. As funds continue to chase AI-driven growth stories, AppLovin's transformation into a focused ad-tech leader is cementing its place as a serious player in the AI economy. Key Financial Results : Revenue : $1.259 billion (Up 77% YoY) Beat consensus estimate of ~$1.22 billion Adjusted EBITDA : $1.018 billion (Up 99% YoY) Surpassed analyst expectations Margin ~81% Net Income : $820 million total $772 million from continuing operations (Up 164% YoY) Earnings Per Share (EPS) : $2.39 Beat by ~$0.44 (vs. $1.95 expected) Strong technical indicators show bullish momentum for AppLovin stock From a technical perspective, AppLovin has been flagged as a breakout stock by Investor's Business Daily, with a potential buy point near $429. The current price of around $390.80 puts it in a favorable consolidation pattern, suggesting more room for gains. Moving averages and technical charts also indicate a 'Strong Buy' rating across multiple trading platforms. Live Events AppLovin's strategic pivot to AI ad-tech continues to deliver results In summary, AppLovin's Q2 2025 performance reflects the strength of its AI-powered ad-tech engine. The decision to move away from its gaming apps and double down on AI advertising seems to be paying off big. With stellar revenue growth, soaring profits, high institutional interest, and upbeat guidance, the company is clearly positioning itself as a top-tier AI ad-tech player. While some investors may remain cautious in the short term, the long-term fundamentals appear strong. AppLovin's strategic clarity, strong cash flows, and market-leading margins make it a stock to watch as the AI advertising revolution continues to reshape the digital economy. FAQs: Q1: What drove AppLovin's 77% revenue growth in Q2 2025? AppLovin's AI-powered ad-tech engine fueled massive growth and strong platform demand. Q2: Why is AppLovin stock seen as a breakout investment in 2025? Analysts cite strong earnings, high margins, and bullish AI ad-tech strategy.
Time of India
2 hours ago
- Time of India
Airbnb stock surges on Q2 earnings blowout, $6B buyback reveal — travel rebounds post-Trump tariffs, but are profit margins at risk?
Airbnb stock surged after the home-sharing giant posted better-than-expected results for the second quarter of 2025, powered by a sharp rebound in global travel—even as it continues to deal with the lingering effects of Trump-era tariffs and rising costs. The company not only exceeded Wall Street's profit and revenue forecasts but also announced a massive $6 billion share buyback , signaling strong confidence in its long-term position. How did Airbnb perform in Q2 2025? Airbnb's second quarter was stronger than expected by most measures. The company reported: Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Revenue of $3.10 billion , up 13% from a year ago Net income of $1.3 billion , compared to $650 million a year ago Earnings per share (EPS) came in at $1.03 , well above analyst expectations of $0.93 134.4 million nights and experiences were booked, a 7% increase year over year Gross booking value (GBV) jumped to $23.5 billion , up 11% This strong performance came despite some heavy headwinds, including ongoing global trade tensions and cost inflation linked to tariffs. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Undo What role did Trump tariffs play in Airbnb's outlook? Even with a solid Q2, Airbnb struck a cautious tone for the months ahead. Executives flagged rising costs due in part to tariffs imposed under President Donald Trump's trade policies—especially those affecting operations in India and Switzerland. These tariffs have increased the cost of running services and impacted margin forecasts. In a statement, Airbnb said it expects "some margin compression" in Q3 2025, in part because of these ongoing trade pressures. Live Events Why is Airbnb launching a $6 billion buyback? Airbnb also revealed a bold move: a $6 billion stock buyback program, one of the largest in its history. This kind of repurchase is typically seen as a sign that a company believes its stock is undervalued—or that it has excess cash and confidence in future growth. Investors welcomed the news, helping push the Airbnb stock price higher by more than 5% after hours. The stock was trading around $130.50, climbing from the day's low of $126.10. Is travel demand still driving Airbnb's growth? Absolutely. Travel demand has remained strong in most regions, especially in North America, where average daily rates (ADR) rose about 3% . Upscale and premium listings continued to perform well, and Airbnb said user interest in experiences —like guided tours or cooking classes—was also growing. Despite inflation and geopolitical uncertainties, people are still booking travel. Airbnb has clearly benefited from this trend, even as rival platforms face slowing growth in certain markets. What can we expect for the rest of 2025? Looking ahead, Airbnb offered Q3 revenue guidance of $4.02 to $4.10 billion, slightly ahead of market expectations. However, management warned of tougher year-over-year comparisons, especially as 2024 had seen record demand post-pandemic. The company is also investing about $200 million into expanding its experiences platform and improving services—moves that may reduce short-term margins but are aimed at long-term growth. Still, Airbnb reaffirmed its full-year adjusted EBITDA margin goal of 34.5% or higher , reassuring investors that it remains focused on profitability even as it ramps up investments. Is Airbnb stock still a strong buy? That's the big question. The numbers look solid, and the $6 billion buyback is a strong vote of confidence. But with tariff-related costs , competitive pressure, and global economic uncertainty, there are risks that investors should keep an eye on. For now, Airbnb seems to be navigating the post-pandemic world better than most travel tech companies. Whether it can keep that momentum going into Q4 will depend on how well it manages costs and continues to innovate in a competitive landscape. FAQs Why did Airbnb stock rise after Q2 2025 earnings? Because Airbnb beat earnings estimates and announced a $6B share buyback, showing strong growth and confidence. How are Trump-era tariffs affecting Airbnb in 2025? They're raising costs, putting pressure on margins despite high booking numbers.
