R. Kiyosaki warns Bitcoin ‘FOMO disease’ is coming
2025-07-12 18:05:45
Main Idea
Robert Kiyosaki, author of 'Rich Dad Poor Dad,' advises Bitcoin investors to prepare for potential panic buying driven by FOMO, while positioning himself for a bullish phase he calls the 'Banana Zone.'
Key Points
1. Kiyosaki recently bought more Bitcoin at $110,000, anticipating the 'Banana Zone,' a phase he believes will attract impulsive buyers driven by FOMO.
2. He warns that impulsive investors ('hogs') may incur losses by chasing inflated prices, while others may wait to buy the dip.
3. Kiyosaki remains a vocal Bitcoin bull, predicting it could reach $1 million, citing his distrust of the U.S. dollar ('fake money') and support for alternative assets.
4. He regards Bitcoin, gold, and silver as equally important for preserving value, despite Bitcoin's volatility.
Description
Author and investor Robert Kiyosaki has issued a cautionary message to Bitcoin ( BTC ) investors as the leading cryptocurrency trades at new highs. According to the Rich Dad Poor Dad author, investors should brace for a possible wave of panic buying driven by fear of missing out (FOMO), a trend he believes will result in losses for many, Kiyosaki said in an X post on July 11. Interestingly, Kiyosaki revealed that he recently bought more Bitcoin at $110,000, positioning himself for what he calls ...
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