Robert Kiyosaki Says, “I Bought Bitcoin at $110K, I Will Buy More on SALE.”
The post Robert Kiyosaki Says, “I Bought Bitcoin at $110K, I Will Buy More on SALE.” appeared first on Coinpedia Fintech News
Robert Kiyosaki, author of Rich Dad Poor Dad, says Bitcoin may now be entering the “Banana Zone,” a phase defined by Raoul Pal. This stage is characterized by rapid, emotionally driven price gains fueled by Fear Of Missing Out (FOMO). With Bitcoin recently surging to $118,000 and reaching an all-time high, Kiyosaki cautions that peak euphoria often brings heightened volatility.
Kiyosaki agrees with Pal that Bitcoin’s limited supply can trigger sharp price surges when demand spikes, often driven by institutions, media buzz, and retail FOMO, but also brings high volatility.
Bitcoin Enters the FOMO-Driven Banana Zone
Before getting into the dynamics, let’s understand what is the Banana zone. This phase, often seen in Bitcoin bull markets, tends to be marked by explosive growth fueled by media hype, institutional interest, and retail FOMO. However, while the euphoria is building, Kiyosaki is urging caution. He warns that many new investors may be jumping in blindly, chasing rapid gains without understanding the volatility that comes with such parabolic runs.
The emotional buying hype could easily flip into panic selling, especially if the price corrects sharply. Instead of getting swept up in the hype, Kiyosaki advises staying grounded and advises to focus on education, doing your research, and investing with discipline. In short, while the “Banana Zone” might look like a golden opportunity, it’s also a dangerous trap for the unprepared.
“I Am a Fat PIG with Bitcoin,” Says Kiyosaki
Kiyosaki bought Bitcoin early, around $6,000, and has made big profits by staying patient and not chasing hype. He credits his success to smart investing, not luck, and continues to support Bitcoin because of its limited supply and independence from governments.
He still believes a major price surge, the “Banana Zone”, is on the way. He further revealed his latest Bitcoin purchase at $110,000, positioning himself well for the “Banana Zone.”
He describes himself as a disciplined “fat pig,” patiently accumulating during market peaks, in contrast to “hogs” who jump in late and get burned. He expects temporary corrections but remains bullish, with a long-term target of $250,000 by 2025 and even $1 million by 2030.
Bitcoin Rises as Faith in Fiat Fades
Many investors are starting to lose trust in traditional currencies (such as dollars or euros), primarily because governments are accumulating excessive debt, and people are concerned about inflation. In this environment, Bitcoin is starting to look more attractive, like digital gold, because there’s a limited supply of it, which makes it a good way to protect your wealth.
But Kiyosaki and other experts believe this shift in thinking is helping Bitcoin gain momentum. Big institutions are also showing more interest, which adds fuel to the fire. Some analysts suggest that if the U.S. Federal Reserve alters its current policies, particularly by lowering interest rates, Bitcoin could surge again, potentially reaching five- or even six-figure prices.
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