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Robert Kiyosaki Warns of ‘HOG Slaughter’ as Bitcoin Tops $118K

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Robert Kiyosaki, author of Rich Dad Poor Dad, has shared another strong message following bitcoin’s latest all-time high. The pioneer cryptocurrency briefly crossed $118,000, sparking reactions across the financial space.

In response to the price surge, Kiyosaki revealed in a July 11 tweet that he bought more BTC at $110,000. He accompanied the update with a familiar metaphor from his teachings: “PIGs get fat. HOGs get slaughtered.”

Kiyosaki Urges Caution Amid Market Hype

The financial expert warned that emotional buyers driven by fear of missing out (FOMO) could suffer losses. He explained that this phase, called the “Banana Zone” by macro analyst Raoul Pal, often triggers irrational buying behavior.

In contrast, Kiyosaki said he is content with his current bitcoin holdings and plans to wait until the market cools before adding more.

He advised others to follow a similar approach, noting that “profit is made when you buy, not when you sell.” This reflects his long-standing belief in patience and timing over hype.

Kiyosaki Sees Value in Bitcoin Long-Term

Notably, this isn’t Kiyosaki’s first public message tied to bitcoin’s record highs. On June 30, when bitcoin traded around $107,000, he called the price “priceless” and confirmed he was still buying.

He admitted that even when he first bought bitcoin at $6,000, it felt expensive. Despite the price now being over $100,000, he continues to add to his holdings.

Kiyosaki attributed his initial hesitation to a lack of understanding about modern money systems. Over time, he began to see BTC as a hedge against inflation and government control.

While acknowledging bitcoin’s uncertain future, he has predicted it could reach $1 million. The financial expert also encouraged small purchases, suggesting that even owning one satoshi could be significant.

In May, when bitcoin first crossed $111,000, he made a similar point, calling 0.01 BTC potentially “priceless” within two years.

The financial author continues to express surprise that many people still ignore the apex coin. To him, the asset’s volatility reflects life itself: full of risks, but ultimately worth the wait.

The post Robert Kiyosaki Warns of ‘HOG Slaughter’ as Bitcoin Tops $118K appeared first on Cointab.

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