The famous investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, is known for his continuous bullishness about a handful of his favored assets, and the latest cryptocurrency and commodity bloodbath appears to have not changed this fact.
Specifically, Kiyosaki took to X on February 2 to hide investment advice within a rumination on the difference between ‘rich people and poor people.’
According to the author, poor people rush to a retail store like Walmart (NYSE: WMT) whenever there is a discount, recognizing the opportunity to buy what they need at a lower price, and yet fail to do the same with regard to the financial markets.
Thus, Robert Kiyosaki emphasized that the latest crash – a crash that wiped $700 billion from the cryptocurrency market since the January 14 peak and an estimated $10 trillion from gold and silver – is best viewed as a massive sale for investment assets.
Ultimately, the famed investor ended his post with a rhetorical question, asking his followers what they will do and if they’ll act like ‘rich people’ or ‘poor people.’
Why R. Kiyosaki’s advice is conventional wisdom
While his style remains characteristically irreverent, Robert Kiyosaki’s advice is, in fact, entirely conventional.
Market crashes and recessions are, on average, excellent opportunities to make money since – as long as the company issuing the shares continues operating or the commodity remains relevant – the subsequent gains are likely to be outsized.
Even at face value, it is obvious that buying $1,000 worth of Bitcoin (BTC) in late 2022 when it was trading near $15,000 would have led to greater returns than investing in late 2021 when it was changing hands above $60,000.
Despite this, the danger is that even major assets with high resilience, such as gold, silver, and BTC, can take years to recover, and investors can find themselves squeezed and pressured into selling before the next rally.
Should you buy the crypto and commodity dip?
The risk is especially salient in early 2026. For cryptocurrencies, Bitcoin’s behavior indicates that the previous 4-year cycle has been broken, which implies the digital asset is – no matter the intermediate volatility – headed toward a cycle low with no clear signs pointing toward when the eventual top would come.
The ‘safe haven’ assets – gold and silver – might be even more dangerous at press time on February 2, 2026. Although both are almost guaranteed to exceed their most recent highs eventually, thanks to their millennia of resilience, their behavior in recent trading is cause for systemic concern.
Specifically, the fact that risk assets – cryptocurrencies, stocks, and, to an extent, copper, for example – were first rallying together with ‘safe havens’ and then entered a simultaneous market bloodbath contradicts much of the conventional wisdom of investing.
Indeed, the early 2026 market moves appear to indicate that the economy is simultaneously booming and cracking, and it is, as of February 2, difficult to tell which of the two likely readings – if any – has more merit.
