Robert Kiyosaki Says Bitcoin's August Drop Could Be a Gift

As Bitcoin steps into August, familiar jitters resurface—what some call the “Bitcoin August Curse.” It’s a term whispered across trading desks and Twitter feeds, hinting at a recurring pattern of volatility during this month. But for bestselling author and investor Robert Kiyosaki, what others fear, he welcomes.

Kiyosaki’s Bold Bet on a Bitcoin Dip

Robert Kiyosaki, famous for Rich Dad Poor Dad, didn’t mince words when weighing in on the potential for a price crash this August. In a post on X (formerly Twitter), he wrote:

“Will the ‘Bitcoin August Curse’ crash Bitcoin’s price to below $90k? I hope so.”

It’s not sarcasm. Kiyosaki sees market dips as chances to accumulate more Bitcoin. In his view, short-term price moves mean little compared to the long-term problem: a debt-ridden U.S. economy and central bankers he considers dangerously out of touch.

“The problem is not Bitcoin. The real problem is our multi-trillion-dollar debt and incompetent PhDs running ‘the SWAMP,’” he added.

His comments come after attending several financial education summits this summer, including events featuring economic skeptics like Jim Rickards, Brent Johnson, and Larry Lepard—all of whom favor assets like gold and Bitcoin over fiat.

To Kiyosaki, a sharp correction in BTC’s price would act as a “stress test” for the market—flushing out the speculators while rewarding those with conviction.

“The Bitcoin August Curse will make most Bitcoin investors richer,” he concluded.

Volatility as Strategy, Not Threat

Kiyosaki’s view sparked lively discussion. One investor echoed the sentiment, saying crashes “filter out tourists” and give long-term believers a strategic edge.

“Crashes are a gift. But only if you know what you hold,” a user posted.

Analysts are also leaning into this view. Crypto educator Quinten Francois pointed out that market dips often become buying opportunities for holders who “only buy and never sell.” Another analyst noted similar trading patterns to those that preceded last week’s short squeeze from $112,000 to $115,000.

This broader narrative—that Bitcoin volatility is more like a battle test than a breakdown—is becoming a cornerstone belief among veteran investors. The real danger, they argue, isn’t Bitcoin’s price movement, but the gradual devaluation of fiat currencies via inflation and policy missteps.

So… Is the Curse Real?

Whether or not the “Bitcoin August Curse” is statistically valid, it remains a psychological anchor in the market. Historically, August has delivered its fair share of turbulence. But Kiyosaki’s game plan is clear: he’s preparing, not panicking.

The question for investors is whether they see the next dip as a door opening—or closing.