The author of numerous bestsellers, such as *Rich Dad, Poor Dad*, remains unfazed by Bitcoin’s most recent crash that drove it down to a six-month low of $94,000. Instead of panic selling, his approach is more cautious—he is staying on the sidelines for now but plans to buy more soon.
### Not Selling
With Bitcoin’s growth over the past several years, there has been an inevitable increase in commentary about its price movements, especially during turbulent times like the market correction on Friday or the overall downturn since the all-time high in early October.
Kiyosaki is among those who have supported the asset for years. Since the beginning of this year, he has frequently advised people to gain some exposure not only to Bitcoin (BTC) but also to gold, silver, and Ethereum (ETH).
To outline his strategy amid the volatility, Kiyosaki reaffirmed that he has no intention of selling his holdings. He emphasized that he does not need cash and blamed those who need liquidity for the violent correction.
Additionally, he sees a deeper reason for holding onto his BTC: the growing global debt crisis. “The real reason I am not selling is because of the problem. The world is deeply in debt,” he explained. His bet is on what Lawrence Lepard describes as “The Big Print” in his book. According to Kiyosaki, “The Big Print” is about to begin, which will drive the value of gold, silver, Bitcoin, and Ethereum higher as “fake money crashes.”
### Will He Buy More?
Although he admitted that he and Lepard could be wrong, Kiyosaki outlined in a separate post that he intends to buy more Bitcoin—but only once the crash is over. Of course, determining the end of a market downturn is speculative at best.
He also reasserted that there will only ever be 21 million BTC in existence, which is a key reason why Bitcoin holds such high value in his portfolio. Kiyosaki reminded his followers to educate themselves on all financial matters to better navigate this complex landscape.
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Stay informed and make decisions based on knowledge, not fear.
https://bitcoinethereumnews.com/tech/why-hes-not-selling-now-and-when-hell-buy-more/
