Robert Kiyosaki, the famous author of the global bestseller Rich Dad Poor Dad, recently drew attention with bold statements about Bitcoin (BTC). In the context of this leading cryptocurrency surpassing numerous important price milestones and reaching new highs, Kiyosaki shared his clear buying and selling strategy – including the buying price and when to stop.

Bitcoin Surpasses $120,000 – Kiyosaki Stops Buying

Earlier this week, when the price of Bitcoin surpassed $117,000, Kiyosaki announced on the social media platform X:

“Bitcoin above $117K each. I will buy another Bitcoin as soon as possible. It has never been easier to become wealthy... even to become a millionaire. Learn, research, and find out if Bitcoin is your path to wealth.”

Not long after, when the price of BTC continued to rise above $120,000 and hit a record high, Kiyosaki announced he would temporarily stop buying more Bitcoin. He congratulated those who held BTC, while reminding those who are still on the sidelines:

“Great news for those who already have Bitcoin. Bad news for those who – for some reason – still haven't dared to 'pull the trigger.' They own nothing.”

Why Did Robert Kiyosaki Stop Buying BTC at $120,000?

Although he still expresses strong belief in the future of Bitcoin and expects the price to reach between $200,000 and $1 million, Kiyosaki stated he wants to act with discipline:

“Bitcoin above $120K... I will buy another one... but will not buy more... until I know clearly which direction the economy is headed.”

He emphasizes that excessive greed can lead to severe losses, quoting his familiar financial proverb:

“The pigs get fat, but the hogs get slaughtered.”

Kiyosaki stated he is waiting for a strong correction – a major price drop – to continue buying at a 'sale' price. According to him:

“After the greedy pigs stop screaming, panic selling, and blaming Bitcoin for their losses, I and the other pigs will buy more Bitcoin when it’s on sale.”

Long-Term Strategy and Advice for Beginners

Despite the temporary decision to stop buying, Kiyosaki remains confident in Bitcoin's long-term potential. He previously predicted that the price of BTC could reach $1 million, and continues to encourage newcomers to start early – but with a small amount:

“If you haven't started buying Bitcoin yet... I recommend starting very small... starting with one satoshi.”

Kiyosaki also mentioned Warren Buffett – the legendary investor holding about $350 billion in cash – as an example of the strategy of waiting for opportunities during a crisis:

“I suspect he is waiting for the world to collapse... then will return to buy the best assets with cash.”

Conclusion: Don't Buy More Right Now, But Still a Long-Term Bitcoin Bull

In summary, Robert Kiyosaki has not changed his positive view of Bitcoin. However, instead of following the crowd, he chooses to act cautiously, closely monitoring macroeconomic developments and market sentiment. While waiting for the next 'sale season,' he asserts:

“I love my Bitcoin... all of it.”

📌 Note: At the time of writing this article, the price of Bitcoin is trading around $117,875 – after reaching a historical peak of over $120,000. Investors should be cautious, conduct thorough research before making decisions, especially in the context of a potentially volatile market in the near future. $BTC #Write2Earn