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Bitcoin slipped back after hitting an intra‑week peak of $110,600. It dipped about 1.4% over two days. Yet some big names say this looks more like routine wobble than a crash.
Based on reports, ‘Rich Dad Poor Dad’ author Robert Kiyosaki took to Twitter on July 5 to call out what he called “losers” chasing clicks by warning of a Bitcoin collapse. He argued that these warnings only scare off people who might buy and hold for the long haul.
According to his July 5 tweet, Kiyosaki sees clickbait headlines as more about clicks than facts. He pointed out that some writers and social‑media voices claim BTC has hit its cycle top. They say it could plunge soon.
But he thinks those calls are meant to keep everyday investors on the sidelines. He warned that fear‑mongering headlines push short‑term traders to sell too early.
Kiyosaki didn’t just criticize. He shared his own plan if Bitcoin does drop sharply. He said he hopes “bitcoin crashes’ and buy more coins at a lower price.
He already added to his stash this week, buying above $100,000 per BTC. That shows his faith in a rebound. Many traders use a similar playbook: buy on weakness to lower their average cost.
He’s set some big goals. Based on his posts, he expects Bitcoin to hit $200,000 by the end of the year. He also predicts it could reach $1 million over the next five years. He treats a drop as a chance to load up on what he calls “the biggest opportunity in history.” He groups the top crypto alongside gold and silver as must‑have assets.
Not everyone sees it his way. Some analysts warn that a 10% pullback from a top of $110,600 wouldn’t be unusual. Technical charts show Bitcoin has swung 15% or more in past cycles. Retail investors tend to get nervous. And when they sell, prices can slip further in the short run.
Kiyosaki’s stance echoes that of other big holders. Michael Saylor, the former MicroStrategy CEO, has said people who hold Bitcoin for five years have a good shot at big gains. That view rests on Bitcoin’s supply limit of 21 million coins and growing demand around the world.
According to market experts, buying on dips only works if prices recover. It also requires cash ready to deploy and nerves of steel. A deeper sell‑off could test anyone’s plan to add on weakness.
Kiyosaki’s headline message is clear: fear sells clicks, but it doesn’t have to dictate your move. If you believe in Bitcoin’s long‑term rise, small pullbacks might be the best times to buy. Whether that works out depends on where prices head next — and on each person’s comfort with risk.
