Robert Kiyosaki, the bestselling author of “Rich Dad Poor Dad,” has issued another strong endorsement for Bitcoin—this time warning that fear of making mistakes (FOMM) could keep many people poor, even as the opportunity for generational wealth grows.
In a post on X on Monday, Kiyosaki contrasted two powerful investor mindsets: FOMO, or fear of missing out, and FOMM, fear of making mistakes.
While the FOMO crowd rushes to invest in Bitcoin and stands to gain, he argued, the FOMM crowd hesitates, only to regret it once prices skyrocket.
“If history is any indicator,” he wrote, “the FOMM crowd will wait till Bitcoin passed $200K this year and say ‘Bitcoin is too expensive.’”
Fear of Mistakes Keeps People Poor—Bitcoin Offers a Way Out: Kiyosaki
Kiyosaki has previously predicted that Bitcoin could surge to as much as $250,000 in 2025—a view he reinforced in his latest remarks, as institutional adoption, scarcity and growing distrust in fiat systems continue to fuel demand.
Known for his skepticism of traditional financial systems and his praise for alternative assets, Kiyosaki has long been a vocal supporter of Bitcoin. He views it as a hedge against inflation, government overreach and what he calls “fake money.” His commentary has consistently positioned Bitcoin as a key tool in achieving financial freedom outside of Wall Street and institutional control.
This time, Kiyosaki went further, calling Bitcoin “the biggest opportunity in history” and warning that those afraid of failure—often conditioned by the education system—will miss out.
“Most of us have heard of FOMO,” he said. “Yet…the main reason poor people remain poor is due to FOMM: Fear of Making Mistakes.”
Mistake-Averse Mindsets Are Costing People the Bitcoin Opportunity, Author Warns
He criticized how schools stigmatize mistakes, arguing that fear of failure keeps people from learning and taking necessary risks.
To support his views, Kiyosaki urged his followers to learn from well-known Bitcoin advocates, naming Jeff Booth, Michael Saylor, Samson Mow, Max Keiser and others as sources of valuable insight.
He noted that financial education today isn’t found in classrooms or on Wall Street—it’s freely available on platforms like YouTube, accessible to anyone willing to seek it.
In his eyes, the biggest mistake people can make in this moment isn’t buying Bitcoin—it’s letting fear stop them from taking action at all.
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