Robert Kiyosaki, author of the book "Rich Dad Poor Dad," has returned to the Bitcoin market with a bold move. According to his tweet on July 11, he bought another Bitcoin for $110,000.

Based on reports, he is betting that the current price will look cheap if Bitcoin reaches $1 million. This choice puts him in what analyst Raoul Pal calls the "Banana Zone," where the fear of missing out causes later investors to buy at the peak and then suffer losses.

Betting on Bitcoin at a High Price

Kiyosaki has used the rule "The fat pig gets slaughtered" to explain why he buys at such high prices. He intends to hold until undisciplined investors push the price even higher, then sell when they panic.

He warns that FOMO is like a rapidly spreading disease in crowded markets. In his view, buying now - even if the price seems high - is key to making a profit later.

His Early Departure and Regrets

The first time he bought Bitcoin for $6,000, a price he admits was quite expensive at the time. He said he waited too long to learn about modern currency before jumping in.

That lesson remains valuable. He candidly shares his past mistakes and uses them to guide his current steps. He believes that if Bitcoin reaches $1 million, he will regret not investing more at $110,000.

Learning from Past Mistakes

Kiyosaki admits that he "could be wrong and a fool" after buying more Bitcoin, however, he adds that he "would rather be a fool than LOSE if Bitcoin rises to $1 million."

He notes that he can withstand a loss of $100,000 thanks to his previous work and savings. This safety net allows him to ride out significant declines - a 30–50% drop always occurs in the cryptocurrency space.

Advice for Small Investors

He encourages readers to accumulate Bitcoin by any means possible. "Even if you can only afford to buy one Satoshi today, buy it," he says. One Satoshi is one hundred millionth of a Bitcoin.

Based on those comments, he hopes newcomers will look back and wish they had seized every opportunity to buy. He also advises everyone to "think for themselves" and not to blindly follow his words.