‘Rich Dad Poor Dad’ Author Calls Selling Bitcoin a ‘Huge Mistake’

Published at 2026-01-28 09:00:11

Robert Kiyosaki, the author of Rich Dad Poor Dad and a long-time Bitcoin supporter, revealed on Jan. 28, 2026 that he sold part of his BTC and gold positions and now regrets doing so. The public admission follows years of bullish commentary from Kiyosaki and underscores how even experienced advocates can misjudge timing when prices move quickly.

The episode matters because of Kiyosaki’s influence on retail investors; his reversal reinforces the risks of trying to time volatile assets and feeds into the broader debate over holding versus trimming positions. While the sale itself wasn’t a market mover, it serves as a cautionary note that emotional and financial costs can follow early profit-taking, and that high-profile regrets can still shape sentiment around BTC as fundamentals and prices evolve.

Share on:

Related news

Exodus Launches 'Exodus Pay' to Turn Bitcoin Wallet into Spending App

Exodus has launched 'Exodus Pay,' enabling users to spend BTC directly from their self-custodial wallet. The update aims to make holding and spending Bitcoin more seamless without moving funds to custodial services.

Published at 2026-04-10 16:45:35
Cango Sells 2,000 BTC Amid Miner Pivot to AI, Global Hashrate Drops 17%

Cango offloaded 2,000 BTC in a strategic deleveraging as the global Bitcoin hashrate fell about 17%, raising questions over whether this signals a buying opportunity or a warning. The move coincides with miners reallocating capital toward AI hardware, adding near-term sell pressure to BTC markets.

Published at 2026-04-10 05:45:15
Morgan Stanley’s Cut-Rate Bitcoin ETF Sparks Industry Fee War

Morgan Stanley launched the MSBT Bitcoin ETF with a 0.14% fee, undercutting BlackRock’s IBIT and intensifying an issuer fee war. The move could shift investor flows and compress margins across the digital-asset ETF market.

Published at 2026-04-10 00:45:09
Pepe Files for ETF as Investors Snub Meme-Coin Hype

An application has been filed for a Pepe ETF aimed at Wall Street investors, but CoinShares analyst James Butterfill notes Dogecoin products have only seen lukewarm inflows, suggesting limited appetite for meme-coin ETFs.

Published at 2026-04-09 21:31:08
MarketVector and Coinbase Launch Bitcoin–Tokenized Gold Index

MarketVector and Coinbase unveiled an index tracking Bitcoin (BTC) alongside tokenized gold tokens PAXG and XAUT, highlighting a blended benchmark for digital and hard-asset value. The launch reflects growing interest in crypto as a store of value as Bitcoin’s equity correlation rises and gold posts stronger returns.

Published at 2026-04-09 16:30:39