Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

“Rich Dad Poor Dad” author Robert Kiyosaki‘s decision to sell silver for Bitcoin at the start of the year has not aged well.

“Ever since 1964, I’ve been saving silver,” Kiyosaki said in a January update to his YouTube subscribers. “So right now I’m trading in my silver to buy more Bitcoin, because the silver I was buying was at 10 cents an ounce. Today, it is $30 an ounce. So the dollar went down, the price of silver and gold went up. So now I’m going to trade that for Bitcoin.”

Don’t Miss:

• 7 Million Gamers Already Trust Gameflip With Their Digital Assets — Now You Can Own a Stake in the Platform

• GM-Backed EnergyX Is Solving the Lithium Supply Crisis — Invest Before They Scale Global Production

Kiyosaki at the time said Bitcoin was this “generation’s money,” adding that the asset was doing well in response to rising U.S. debt. He said he expected this debt to keep growing and send Bitcoin to $250,000 within the year.

Fast forward to the end of the year, however, and things have not turned out as planned for Kiyosaki. Bitcoin has failed to reach the highs he anticipated, surging only to $126,000 before declining to trade most recently around $87,000, down 11% year-to-date. Amid these struggles, Kiyosaki said he sold his holdings to fund real estate investments.

Meanwhile, silver has surged to a new record price near $84 an ounce. While the precious metal has shed some of its gains to trade near $72, it remains up by more than 140% year-to-date.

Trending: Wall Street’s $12B Real Estate Manager Is Opening Its Doors to Individual Investors — Without the Crowdfunding Middlemen

Amid silver’s run, Kiyosaki has largely sounded bullish on the asset. In several X posts about its trajectory, he has said it is on track to $200.

However, on Sunday, Kiyosaki said a big crash was likely to occur first.

“Fear of Missing Out MANIA crash is coming,” he said. “If you are planning on investing in silver be patient.  Wait for a crash then GO or NO. I believe silver will go through $100 in 2026….possibly $200 an ounce. Yet remember I my Rich Dads lesson: ‘Your profit is made when you buy….NOT when you sell.’”

For Kiyosaki, such a crash could certainly provide an opportune re-entry point.

Read Next: 

• Americans With a Financial Plan Can 4X Their Wealth — Get Your Personalized Plan from a CFP Pro

• Buffett’s Secret to Wealth? Private Real Estate—Get Institutional Access Yourself

Image: Shutterstock