Bitcoin Plunges $61K from Peak: Why Robert Kiyosaki Just Bought More at $67K

Bitcoin’s Sharp Drop Shakes the Market

Bitcoin has seen better days. The world’s top cryptocurrency tumbled from its all-time high of $126,198 back in October to around $62,000. That’s a stunning drop of over $61,000 – nearly 50% loss in value. Investors are reeling, but not everyone is running for the exits.

Enter Robert Kiyosaki, the famous author of Rich Dad Poor Dad. While panic selling gripped the market, Kiyosaki did the opposite. He bought more Bitcoin during the crash. On February 21, he shared his move publicly: “Although Bitcoin is crashing I bought one more whole Bitcoin for $67k.”

This bold step highlights Kiyosaki’s timeless strategy: buy when others sell in fear. As from its peak, why is he betting big? Let’s break it down.

Who is Robert Kiyosaki and Why Listen to Him?

Robert Kiyosaki is a self-made investor, entrepreneur, and best-selling author. His book Rich Dad Poor Dad has sold millions worldwide. It teaches simple lessons on building wealth through smart assets, cash flow, and financial smarts.

Kiyosaki hates traditional saving in banks. He slams fiat money – like the US dollar – and central banks. Instead, he pushes “real assets”: gold, silver, real estate, and now cryptocurrencies like Bitcoin. His contrarian views shine in tough times. When markets crash, he sees sales, not disasters.

The Trigger: Bitcoin’s Wild Ride Down

After hitting $126K, Bitcoin crashed hard. By February 23, it hit an eight-month low below $65,000. It dipped as low as $64,300 – levels not seen since last June.

Why the sell-off? Global jitters played a role. US trade policies flipped fast. The Supreme Court blocked some tariffs on February 20. Hours later, the government slapped on 10% duties, then hiked to 15%. Markets hate uncertainty, and Bitcoin felt the heat.

But Kiyosaki ignores short-term noise. His buy at $67K came right in the storm.

Reason 1: US Debt Bomb and Money Printing Madness

Kiyosaki’s top worry? America’s exploding debt. He predicts it will crash the dollar. Then, what he calls the “Marxist Fed” will print trillions in “fake dollars.”

Think about it simply: When governments print too much money, each dollar buys less. Inflation eats your savings. Kiyosaki sees Bitcoin as protection. It’s not controlled by any bank or government.

Quick Fact: US debt tops $35 trillion today. Interest payments alone rival defense spending. Kiyosaki warns the “Big Print” is coming – and Bitcoin holders will win.

Reason 2: Bitcoin’s Magic Supply Cap

Bitcoin isn’t like dollars, which can be printed endlessly. It has a hard limit: 21 million coins ever. Right now, about 19.7 million are mined. The last one is years away, but the scarcity is real.

Kiyosaki loves this. He tweeted: “The magical 21 millionth Bitcoin is getting close to being mined. When the 21st millionth Bitcoin is mined…. Bitcoin becomes better than gold.”

Gold is scarce too, but hard to move or divide. Bitcoin? Digital gold – easy, global, and divisible. As fiat floods the world, Bitcoin’s fixed supply could drive prices sky-high.

Kiyosaki’s Investment Philosophy: Fear is Your Friend

For years, Kiyosaki has preached: Crashes are buying opportunities. “The rich buy assets when there’s blood in the streets,” he often says.

• Buy low, sell high: Most chase rallies and panic sell. Kiyosaki flips it.
• Real assets over paper: Stocks, bonds, dollars lose to inflation. Bitcoin, gold win long-term.
• Financial education: Learn cash flow, not jobs. Own assets that pay you.

His Bitcoin buy fits perfectly. At $67K amid a plunge, it’s a classic Kiyosaki play.

Is Kiyosaki Right? What History Says

Bitcoin has crashed before – 80% drops in 2018 and 2022. Each time, it roared back stronger. From $3K in 2018 to $69K in 2021. From $16K in 2022 to $126K now (before the drop).

Halvings boost scarcity every four years. The next in 2028 cuts new supply again. Pair that with debt fears, and bulls like Kiyosaki see $1 million Bitcoin dreams.

But risks exist: Regulation, hacks, or more macro shocks. Still, Kiyosaki bets on long-term winners.

What This Means for You

from peak tests nerves. But smart investors like Kiyosaki stack sats (Bitcoin units) on dips.

Key takeaways:

1. Diversify into hard assets.
2. Ignore headlines; focus on fundamentals.
3. Study debt, inflation, and supply.

Bitcoin at $64K? Could be the bargain of the decade. Or more pain ahead. Either way, Kiyosaki’s conviction inspires.

Final Thoughts: Time to Buy the Dip?

Robert Kiyosaki’s $67K Bitcoin buy amid chaos shows true faith. As US debt mounts and dollars dilute, scarce assets shine. Will Bitcoin beat gold? History favors the bold.

Stay informed, think long-term, and maybe grab some BTC while it’s “crashing.” What do you think – dip buy or wait? Share in comments below!

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Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.