As Bitcoin (BTC) surged past $90,000 on Tuesday night and into Wednesday morning, Robert Kiyosaki, the renowned investor and author behind the personal finance bestseller ‘Rich Dad Poor Dad,’ took to X. In a strongly worded blast, he called out investors who had panicked and sold their cryptocurrency during the recent market dip:

People who sold BITCOIN in the last crash are LOSERS.

Kiyosaki, who also let it be known that he personally took advantage of the lower prices to buy even more BTC, grounded his harsh words in the belief that selling before Donald Trump’s presidency was a major misstep.

The well-known author elaborated that Bitcoin’s value is poised for a significant upswing, especially once the US government starts purchasing the digital gold itself, supposedly ‘to fix America’s financial mess.’ He confidently stated his conclusion: those who bought the dip would be proven ‘winners,’ while those who sold would ultimately be seen as ‘losers.’

President Donald Trump and the strategic Bitcoin reserve

During his campaign, President Trump had hinted at establishing a strategic BTC reserve – and sometimes a broader crypto reserve – a promise he’s kept alive with ongoing announcements and preliminary actions since taking office.

While some of these signals have definitely sparked excitement in the crypto markets – most recently the rallies we saw on Sunday, March 2nd, and Monday, March 3rd – concrete evidence that the U.S. is gearing up to stockpile digital currencies anytime soon remains thin on the ground.

In fact, Senator Cynthia Lummis, a long-time advocate for a Bitcoin reserve, indicated in late February that federal government adoption of BTC reserves is unlikely in the near future, suggesting individual states are more likely to take the lead.

According to Senator Lummis, as of early 2025, there simply isn’t enough widespread support in Congress to even start serious discussions, let alone enough politically savvy figures to push through any related legislation.

Why Kiyosaki’s advice may be sound despite abrasive tone

Regardless of the uncertainty surrounding President Trump’s strategic Bitcoin reserve, Kiyosaki might actually have a point about buying during market downturns being a smarter move than selling.

However, it’s fair to question the genuineness of his advice, considering his past actions that some might interpret as leveraging his followers for personal gain, although it’s a bit of a stretch to find malicious intent in what basically boils down to saying ‘buying low and selling high is the better strategy.’

Even though the cryptocurrency market is famously unpredictable, historical trends do suggest – as many traders and analysts continue to argue – that Bitcoin hasn’t yet reached its peak for this cycle.

Why the Bitcoin bull market is likely not over despite high volatility

Historically, bull markets have typically peaked around 12 to 18 months after a halving event – and the most recent halving occurred in April 2024. This timeline suggests Bitcoin could reach its cycle peak later in 2025, making a case for continued buying.

Still, unease is palpable in March 2025, and the digital asset market has been experiencing some pretty wild swings lately.