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Robert Kiyosaki Bitcoin Controversy: Author Defends $6,000 Purchase Claims

Arnas B

Arnas B

(about 11 hours ago)· 7 min read
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"Rich Dad Poor Dad" author Robert Kiyosaki has firmly responded to critics questioning the legitimacy of his Bitcoin investment history, emphasizing that purchase price matters more than timing in long-term wealth accumulation.

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obert Kiyosaki, the bestselling personal finance author, recently found himself at the center of a heated social media dispute after being accused of misleading the public about his Bitcoin purchase history. Taking to X (formerly Twitter) on February 7, 2026, Kiyosaki directly addressed an unnamed critic who challenged the validity of his claims about acquiring Bitcoin at $6,000.

"To the person who said I was lying that I bought Bitcoin at $6000... I know my strike price not the date he falsely accuses me of the date I bought Bitcoin on," Kiyosaki stated in his post. "Why would he care what date I bought it on? Does he have a personal agenda for calling me a liar?"

The Heart of the Dispute

The controversy stems from apparent inconsistencies in Kiyosaki's public statements about his cryptocurrency investment timeline. Critics pointed to Community Notes flagging contradictions between his recent claim that he "stopped buying Bitcoin at $6,000" and previous posts throughout 2025 and early 2026 where he indicated continued purchases at significantly higher price points, including when Bitcoin traded near $90,000 and even above $117,000.

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The financial educator's February 6 tweet had sparked the initial backlash when he wrote: "I stopped buying Bitcoin at $6000. I stopped buying gold at $300. I have sold some Bitcoin and some gold. I hate selling because I hate paying capital gain taxes."

This statement appeared to contradict numerous earlier posts where Kiyosaki encouraged followers to buy Bitcoin regardless of price, including a July 2025 tweet celebrating Bitcoin's climb above $117,000 where he stated he planned to "buy one more Bitcoin asap."

Kiyosaki's Investment Philosophy

In his defense, Kiyosaki reframed the debate entirely, arguing that critics were missing the fundamental principle behind his investment approach. He emphasized that long-term investors focus on asset accumulation and value rather than specific purchase dates or short-term timing.

"If Bitcoin hits $6000 again I will buy more….again. I will not care about the date," Kiyosaki declared, reinforcing his willingness to accumulate the cryptocurrency at what he considers attractive price levels.

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The author further challenged his critics by questioning their own investment portfolios: "How much Bitcoin, Ethereum, gold, silver, rental units, or oil wells do you own?" He suggested that experienced investors with substantial holdings across multiple asset classes rarely recall exact acquisition dates, as long-term ownership typically outlasts such granular record-keeping.

Broader Market Context

Kiyosaki's comments arrive during a period of heightened volatility in cryptocurrency markets. Bitcoin has experienced significant price swings in early 2026, with the asset recently trading around $64,000—well below its 2025 highs and even dipping below 2021 peak levels. This volatility has tested investor conviction across the digital asset ecosystem.

Despite market turbulence, Kiyosaki maintains aggressive price targets for 2026: Bitcoin at $250,000, gold at $27,000 per ounce, and silver at $200 per ounce. These projections are based on his expectations of continued U.S. debt expansion, currency debasement, and a substantial wealth shift toward hard assets.

The investor has consistently positioned Bitcoin, gold, and silver as hedges against what he describes as systemic weaknesses in traditional financial systems. His investment philosophy centers on distrust of fiat currencies, the Federal Reserve, and centralized monetary control.

Community Reaction and Analysis

Market analysts note that Kiyosaki's rhetorical approach—referencing extreme downside scenarios like Bitcoin returning to $6,000—serves as a device to demonstrate long-term conviction rather than a realistic price forecast. Such statements resonate with Bitcoin maximalists who view volatility as an inherent characteristic of the asset rather than a deterrent.

However, the controversy has raised concerns among newer investors who may look to high-profile figures like Kiyosaki for financial guidance. Financial advisors caution that conflicting public statements can create confusion, particularly for those without extensive investment experience navigating volatile markets.

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The "Rich Dad Poor Dad" author concluded his response with advice to his followers: "Stay away from people who are more interested in the purchase date than in the asset's value and price." He framed this as guidance toward focusing on fundamental value and long-term potential rather than timing debates.

Looking Forward

While individual statements from prominent figures rarely drive sustained market movements, they contribute to broader narratives surrounding Bitcoin's role as a long-term asset. Kiyosaki's willingness to publicly defend his investment approach—regardless of the criticism—reinforces his contrarian positioning in financial markets.

The incident serves as a reminder that investors should conduct independent research and maintain appropriate skepticism toward any single voice in the financial media landscape, particularly during periods of elevated market volatility and uncertainty.

Coinasity's Take

The Kiyosaki controversy highlights a critical challenge facing crypto influencers in the age of permanent social media records: consistency matters. While his core philosophy about buying quality assets at favorable prices remains sound, the apparent contradictions between "stopped buying at $6,000" and multiple 2025 posts about continued purchases at six-figure prices undermine credibility.

His pivot to emphasizing "strike price over dates" is rhetorically clever but doesn't fully address the inconsistency problem. For retail investors, the key lesson isn't about Kiyosaki's personal integrity—it's about the danger of following any single voice without independent verification. The crypto community's fact-checking response demonstrates healthy skepticism, which is essential in markets prone to emotional volatility and promotional narratives.

Bottom line: Kiyosaki's long-term bullishness on hard assets may ultimately prove correct, but investors should build conviction through their own research rather than relying on the pronouncements of any financial personality, regardless of their bestseller status.

DISCLAIMER

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments involve substantial risk and extreme volatility - never invest money you cannot afford to lose completely. The author may hold positions in the cryptocurrencies mentioned, which could bias the presented information. Always conduct your own research and consider consulting a qualified financial advisor before making any investment decisions.

Arnas B

About Arnas B

Blockchain Researcher & Developer | 8+ Years Crypto Market Experience

Seasoned cryptocurrency researcher and blockchain developer with deep expertise in protocol analysis, smart contract development, and market insights since 2017. Specializes in emerging blockchain technologies, DeFi ecosystems, and cryptocurrency market trends. Combines technical development skills with comprehensive market research to deliver actionable insights for the digital asset space.

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