While they are crashing, he still sees an opportunity for investors and entrepreneurs.
Robert Kiyosaki reminded his 2.1 million followers on X that he had been predicting this crash in his multiple tweets issued over the past few years. The author of “Rich Dad Poor Dad” many times warned that a crash would be coming soon.
One of the ways to behave now, he said, is to use the chance to get rich, which he believes has emerged now — to start “buying assets at bargain basement prices.” He admitted that losses that many investors and companies are facing now are “substantial.”
He referred to his aforementioned book and stated that “Rich dad taught his son and me when markets are crashing is the time the rich get richer” using the recommendation from above.
He explained that this was not actually a prediction but rather his “target, a dream, and a wish.” Curiously, he also revealed that he was holding and buying not only Bitcoin but also leading altcoins, in particular Ethereum and Solana.
Kiyosaki has been actively tweeting about Bitcoin since at least 2020, when the pandemic landed, and he kept accusing the U.S. government of printing “fake” U.S. dollars to support the economy. This year, the financial guru has been giving another big reason for his Bitcoin surge expectations — the size of the U.S. national debt (by now) has reached a staggering $35 trillion.
This article was originally published on U.Today
Source: Cryptocurrency - investing.com
