Robert Kiyosaki, author of Rich Dad Poor Dad, has told his 2.8 million followers on X that he is not selling his Bitcoin or gold despite sharp market declines. He attributed the crash to a global cash shortage, stating, "The everything bubbles are bursting" due to liquidity needs rather than fundamental asset failures.
Kiyosaki cited analyst Lawrence Lepard's thesis, predicting "The Big Print"—massive government money creation to cover mounting debts—which he believes will make gold, silver, Bitcoin, and Ethereum more valuable as fiat currencies weaken. He emphasized his long-term stance, planning to buy more Bitcoin after the crash and highlighting Bitcoin's 21 million supply cap.
Meanwhile, the Bitcoin Fear and Greed Index plunged to 16, entering "Extreme Fear" territory, historically seen as a buying opportunity. However, analytics firm Santiment warned traders against premature bottom calls, noting that widespread confidence in a market floor often precedes further declines, with Bitcoin briefly dipping below $95,000 on Friday.
Kiyosaki advised those needing cash to consider selling assets but encouraged learning through "Cashflow Clubs" to avoid panic-driven mistakes, reiterating that he does not provide financial advice but shares his personal strategy.
