Bitcoin Plunges $61K from All-Time High: Why Robert Kiyosaki Bought More at $67K
Bitcoin Plunges $61K from All-Time High: Why Bought More at $67K
Bitcoin has taken a brutal hit, dropping nearly $61,000 from its peak. Yet, in the middle of this chaos,
The Shocking Bitcoin Price Drop
Bitcoin hit a record high of $126,198 back in October. Now, it’s down to around $62,000 – a loss of almost 50% for many investors. This sharp fall has wiped out billions in market value. Prices dipped even lower, hitting below $65,000 recently, the weakest in eight months.
What caused this? Global uncertainty plays a big role. Recent US trade policy changes added fuel to the fire. Tariffs went up and down quickly, creating fear in markets. Bitcoin, often seen as a safe haven like gold, felt the pressure too.
- Peak price: $126,198
- Current low: ~$64,300
- Drop: Over $61,000
- Timeframe: From October peak
Many investors panic-sold, but not everyone.
‘s Big Buy During the Crash
On February 21, as
This isn’t new for him. Kiyosaki loves buying low. He ignores short-term noise and focuses on long-term value. For him, a crash is a sale on a top asset.
“Although Bitcoin is crashing I bought one more whole Bitcoin for $67k.” –
Reason 1: Fear of a US Dollar Collapse
Kiyosaki’s main worry is the US economy. National debt is sky-high. He predicts it will crash the dollar. Central banks, what he calls “The Marxist Fed,” will print trillions of “fake dollars” to fix it.
This money printing causes inflation. Your savings lose buying power. Fiat money like the dollar gets weaker over time. Bitcoin, on the other hand, protects against this.
Key points from Kiyosaki:
- US debt will force massive printing.
- Fiat currencies erode in value.
- Scarce assets like Bitcoin win big.
History backs this. After 2008 and 2020 crises, money supply exploded. Bitcoin rose as trust in dollars fell.
Reason 2: Bitcoin’s Magic 21 Million Supply Cap
Bitcoin’s best feature? Only 21 million coins will ever exist. No more. This hard cap makes it scarce, like digital gold – but better.
Kiyosaki said: “The magical 21 millionth Bitcoin is getting close to being mined. When the 21st millionth Bitcoin is mined…. Bitcoin becomes better than gold.”
Gold has unlimited supply in theory. New mines can add more. Bitcoin? Fixed forever. As demand grows, price must rise.
| Asset | Supply | Why It Matters |
|---|---|---|
| Bitcoin | 21 million max | Ultimate scarcity |
| Gold | Unlimited (new mining) | Physical limits |
| US Dollar | Unlimited printing | Inflation risk |
Kiyosaki’s Investment Philosophy: Buy the Fear
His books stress financial education. Learn cash flow, own assets, avoid debt traps. In crypto, this means dollar-cost averaging during dips.
Insight: Data shows Bitcoin rebounds stronger after big drops. From 2018 lows to now, early buyers made 100x gains.
Market Context: Trade Wars and Global Jitters
Bitcoin fell further after Kiyosaki’s tweet. It hit $64,300 amid US trade shifts. Supreme Court blocked some tariffs, but new ones came fast – 10% then 15%.
This uncertainty hurts risk assets. Stocks, crypto – all down. But Kiyosaki bets chaos boosts Bitcoin as a hedge.
Who is ?
American investor, entrepreneur, and author. Rich Dad Poor Dad sold millions, teaching smart money habits. He’s a fiat critic, loving hard assets.
His contrarian style draws fans. He cheers investors to stay calm in storms.
What Should Crypto Investors Do Now?
Kiyosaki’s move inspires. If you believe in Bitcoin’s story – sound money, fixed supply, inflation hedge – dips are buy signals.
Tips:
- Research macro trends like debt and inflation.
- Dollar-cost average: Buy fixed amounts regularly.
- Hold long-term; ignore daily noise.
- Diversify with other real assets.
Bitcoin’s journey is volatile, but history favors holders. As the last coins mine, scarcity kicks in harder.
Final Thoughts
Stay informed on crypto moves. What do you think – buy the dip or wait?
