Robert Kiyosaki is once again making headlines - this time because he welcomes the possibility of Bitcoin prices dropping. With BTC fluctuating below the $90,000 mark, Kiyosaki is not panicking. Instead, he calls it the "August Curse of Bitcoin", a trend he believes will present significant buying opportunities.
Instead of fearing market corrections, Kiyosaki is preparing to double his Bitcoin holdings. His stance is in stark contrast to the typical fearful reactions of many investors during market downturns. For Kiyosaki, the decline is not a warning sign—but a green light.
Why Does He Call It the "August Curse of Bitcoin"
The nickname Kiyosaki gives to the market decline stems from the typical volatility trend of Bitcoin in August. Whether due to lower trading volumes, macroeconomic volatility, or simply the market cycle, August is usually not very favorable for Bitcoin.
However, Kiyosaki's perspective has turned the tide. By calling it a "curse", he has added a touch of drama - but he also urges smart investors to ignore fear and focus on the fundamentals. "Wealthy investors will become even richer during a recession," he has said, and clearly, he maintains this view in August.
Long-Term Vision Over Short-Term Volatility
Kiyosaki's long-standing belief in Bitcoin as a hedge against inflation and the devaluation of fiat currency keeps him optimistic. He is not afraid of short-term volatility, viewing these pullbacks as strategic moments to build stronger positions.
What is his message? Don't be discouraged by temporary price drops. If you believe in the long-term potential of Bitcoin, now may be the perfect time to act—especially during what is called the August Curse of Bitcoin.