Robert Kiyosaki Warns of Bitcoin, Gold, and Silver Crash but Plans to Buy More

Robert Kiyosaki, author of the bestselling financial book Rich Dad Poor Dad, has issued a cautionary warning that Bitcoin (BTC), along with gold and silver, could crash when current market bubbles burst. In a recent social media post, Kiyosaki said, “When bubbles bust, odds are gold, silver, and Bitcoin will bust too.” Despite the warning, he emphasized his intention to buy more of these assets if prices plunge.

Kiyosaki’s comments come after Bitcoin surged to an all-time high of $123,236 last week. While BTC is up 26.77% year-to-date, it remains slightly behind gold, which has gained 28% over the same period. Bitcoin even briefly surpassed gold in market performance before retracing.

Although Kiyosaki has previously predicted Bitcoin could soar to $250,000, he recently stated that he is pausing further investments until he gains more clarity on economic trends. He noted that he does not want to “get slaughtered” by volatility, despite maintaining a long-term bullish outlook.

Bitcoin’s volatility has somewhat decreased compared to past cycles, but it still experienced a sharp 33% correction this year, hitting a low of $74,434 on April 9. Moreover, while Bitcoin remains near record highs, its market dominance has dropped by 6% in just two weeks, now standing at approximately 61% of the total crypto market.

Meanwhile, Ethereum (ETH), XRP, and other top altcoins have seen significant double-digit gains, reflecting increased investor interest in alternative digital assets.

Kiyosaki’s perspective highlights ongoing market uncertainty and the potential buying opportunities that a correction in Bitcoin and precious metals could present.