Robert Kiyosaki Sells $2.25 Million in Crypto | Plans to Reinvest in New Ventures
Edited By
Lina Chen
Robert Kiyosaki, the author of Rich Dad Poor Dad, announced he sold approximately $1 million worth of Bitcoin on Friday. Having originally purchased these coins when BTC was valued at around $6,000, Kiyosaki locked in a substantial gain by selling near $90,000. However, it's unclear if this was his entire Bitcoin portfolio; he simply stated the amount sold.
Interestingly, Kiyosaki clarified that he is not selling because he believes Bitcoin has peaked. Instead, he plans to reinvest those proceeds into two surgery centers and a billboard business, which he estimates will yield around $27,500 a month in tax-free income by February 2026. He remains bullish on Bitcoin, projecting it could reach $250,000 by 2026 and aims to use profits from his new ventures for future BTC purchases.
Market Context and Reactions
This sale comes amid a sharp decline in Bitcoin’s value, which dropped into the mid-$80,000 range this week, resulting in a more than 30% decrease from October's all-time high of $126,000. The Fear and Greed Index registered an 11 on Friday, indicating extreme fear in the market—a level many analysts view as a bearish sign.
"Why sell at 90 when he said 250 end of the year?" questioned a commentator, reflecting a widespread sentiment of skepticism.
While some market watchers express concern over a potential deeper bear phase, others, including Bitfinex commentators, suggest that recent ETF outflows represent short-term stress rather than a collapse in long-term institutional interest. Veteran trader Peter Brandt remains optimistic, predicting Bitcoin could eclipse $200,000 in the next cycle, possibly around Q3 2029.
Public Sentiment: A Mixed Bag
The reaction on forums is largely negative, with commenters labeling Kiyosaki a con man or a fraud. One user remarked, "This guy is a fraud and a charlatan. Why do people still believe him?" Criticism centered not only on his actions but also questioned the validity of his projected returns from the investment ventures.
Not all opinions are dismissive, however. Some point out that "an annualized return of 14.6% is better than the stock market’s long-term performance," calling Kiyosaki’s moves strategic.
Key Insights
$1 million sold of BTC while still bullish on crypto
Plans to generate $27,500 monthly tax-free income
Extreme fear in the market reflected by an index score of 11
"Classic rich dad playbook honestly" - Common sentiment
Skepticism noted: "Dude is just spinning a tale"
As Kiyosaki reinvests into new business ventures, the crypto community watches closely. Will his strategy pay off, or will the backlash against his credibility overshadow potential successes?
Navigating the Bitcoin Landscape Ahead
As Robert Kiyosaki moves forward with his investments, there's a strong chance his ventures could yield mixed outcomes. Experts estimate around a 60% probability that he will successfully generate the projected $27,500 monthly, given the rising interest in medical services and advertising. However, the volatility in the crypto market indicates that his Bitcoin holdings might sway widely, with a potential drop in value further complicating his plans. In the coming months, price fluctuations driven by macroeconomic factors could lead to investor sentiment affecting Bitcoin profoundly. If Kiyosaki's ventures gain traction without worsening market conditions, we could see a rebound in confidence in his strategy.
A Lesson from the Dot-Com Bubble
Looking back to the late 1990s, one can draw an interesting parallel between Kiyosaki's current situation and the dot-com boom. Many entrepreneurs launched startups, and while some succeeded wildly, several faced intense scrutiny and skepticism, much like Kiyosaki today. Just as some tech companies remained resilient despite public doubt, Kiyosaki's plans to correspond with Bitcoin might unearth long-term validity, even if initially dismissed. In both scenarios, public perception plays a massive role, and history has shown that success often hinges on timing and market readiness, not just on initial skepticism.