Overview
- In an Oct. 29 post on X, the Rich Dad Poor Dad author said Bitcoin could double by year-end to about $200,000.
- He wrote that his Coinbase app shows holdings worth several million dollars in Bitcoin, citing years of holding through volatility.
- Kiyosaki recounted a friend focusing on a recent six-figure drawdown rather than cumulative gains to illustrate fear-driven behavior.
- He contends most traders lose money because they react to short-term declines, pointing to Bitcoin’s boom‑bust cycles as a test of temperament.
- The comments drew wide attention and criticism online, with some users highlighting his past missed calls and his “coin base” typo, and reporters noting the forecast remains his assertion.