'Rich Dad Poor Dad' Author Sells His BTC Holdings After Predicting $250K per Coin
Analysis
Price Impact
MedRobert kiyosaki, a prominent financial author and long-time bitcoin advocate, selling $2.25 million worth of btc could generate short-term fud (fear, uncertainty, and doubt) among investors, despite his previous bullish predictions and stated intent to buy back later. the action of selling by such a figure can be interpreted negatively, even if he views it as strategic.
Trustworthiness
HighThe information is directly reported from kiyosaki's social media post by u.today, a reputable crypto news outlet, detailing his specific actions and future plans. the facts presented are verifiable.
Price Direction
NeutralWhile the immediate act of a known advocate selling could be perceived as bearish, kiyosaki explicitly states his plan to reinvest profits from new businesses back into bitcoin in the future. this indicates his long-term bullish conviction remains, suggesting his current move is a strategic re-allocation rather than a loss of faith in btc, leading to a more neutral overall price direction.
Time Effect
ShortThe immediate market reaction to a public figure's financial moves often has a short-term psychological impact on sentiment. given his stated long-term bullish view and plan to re-enter, any negative price pressure from this news is likely to be temporary.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News Kiyosaki's next moves Future Bitcoin plans Advertisement Robert Kiyosaki, the author of the "Rich Dad Poor Dad" financial literacy book, has sold Bitcoin that he owned for a total of $2.25 million in value, according to his most recent social media post. Kiyosaki claims that he bought these Bitcoins years ago at $6,000 per coin. Hence, his purchase price was far lower than his sale price, generating a large gain. The controversial pundit says that he sold his Bitcoin for "approximately $90,000" per coin. HOT Stories 'Rich Dad Poor Dad' Author Sells His BTC Holdings After Predicting $250K per Coin Bitcoin on the Verge of 30% Collapse Against Gold, Shiba Inu (SHIB) Burn Rate Jumps 23,864%, XRP Price Drops Below $2 Despite ETF Launch — Crypto News Digest Hayes: Bitcoin Bottom Is Near, But There's a Catch Saylor Finally Breaks Silence Amid Devastating Bitcoin Price Crash Kiyosaki's next moves He used the proceeds from selling Bitcoin to purchase two surgery centers. The financial commentators also invested in a billboard business. Advertisement You Might Also Like Sun, 11/02/2025 - 13:35 'Rich Dad, Poor Dad' Author Kiyosaki Lists Top 4 Financial Myths Everyone Still Believes By Gamza Khanzadaev Kiyosaki, who infamously filed for bankruptcy in October 2012, believes that these new businesses will generate approximately $27,500 per month in tax-free income by next February. This is positive cash flow, meaning the income exceeds the costs of running these businesses. Future Bitcoin plans Kisaki's decision to jump ship might seem surprising, given that he previously predicted that he predicted that the price of Bitcoin could surge to as high as $250,000. Earlier this month, he said that he kept buying Bitcoin and Ethereum following the market correction while predicting "massive riches." Despite selling, Kiyosaki is still bullish on Bitcoin. He plans to buy more Bitcoin in the future with the help of the cash flow from his new businesses. The cryptocurrency is currently trading at $84,475, experiencing substantial volatility. Earlier today, it briefly collapsed below $81,000 on the Bitstamp exchange. #Bitcoin Price Prediction #"Rich Dad, Poor Dad" Author Robert Kiyosaki