Kiyosaki reveals Bitcoin buy at $110,000
Investors risk panic and losses as Bitcoin enters Banana Zone
Robert Kiyosaki, author of Rich Dad Poor Dad, has issued a warning to cryptocurrency investors amid Bitcoin’s recent price surge beyond $117,000.
He described the current phase as the “Banana Zone,” a term popularized by macro investor Raoul Pal to describe euphoric, parabolic rallies driven by FOMO (fear of missing out), reports Cryptopolitan.
Kiyosaki urged followers to avoid emotional decision-making and instead embrace strategic discipline. “Don’t be a HOG. HOGs get slaughtered. Be a PIG instead. PIGs get fat,” he said, underscoring the importance of patience. Kiyosaki revealed that his own buy-in was at $110,000 and stressed that smart investing means waiting for corrections rather than chasing tops.
Kiyosaki echoes Raoul Pal’s warning on Bitcoin volatility
The Banana Zone, as defined by Raoul Pal, describes a moment when scarce assets like Bitcoin experience explosive upward moves due to institutional interest and retail hype. Kiyosaki echoed this framework, adding that Bitcoin’s limited supply naturally accelerates these vertical moves once demand kicks in. However, this also increases volatility and exposes inexperienced investors to significant losses. “When people jump in without understanding the game, they often get slaughtered,” he warned. He criticized herd mentality and emphasized that those who invest without research or discipline are likely to panic during corrections. For Kiyosaki, this rally presents a test not of appetite, but of mental sharpness and investor education.
Traders push BTC toward $124K amid rising risks
Bitcoin’s momentum has excited bulls and technical analysts, with many predicting the price could soon surpass $124,000. Some even foresee longer-term targets of $250,000 by 2025 or $1 million by the end of the decade, fueled by macroeconomic distrust and inflation fears. Kiyosaki, a long-time critic of fiat currencies and central banking, continues to describe Bitcoin as “people’s money.” He cites its fixed supply and decentralized structure as superior to government-controlled monetary systems. Having entered the market when Bitcoin was just $6,000, Kiyosaki says his success stemmed from patience and understanding, not hype. He urges newcomers to adopt that mindset: “Smart investing wins, hype loses.”
Recently we wrote that Bitcoin price has delivered an impressive performance this week, extending its winning streak to a fourth straight day on Friday, July 11.
