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.
“If history is any indicator,” he wrote, “the FOMM crowd will wait till Bitcoin passed $200K this year and say ‘Bitcoin is too expensive.’”
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.
Known for his skepticism of traditional financial systems and his praise for alternative assets, Kiyosaki has long been a vocal supporter of Bitcoin.
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.
“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.”
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.
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.
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 criticized how schools stigmatize mistakes, arguing that fear of failure keeps people from learning and taking necessary risks.