Kiyosaki Warns of Major Market Crash: Time to Invest in Bitcoin Despite Recent Sale

Robert Kiyosaki, the author of "Rich Dad, Poor Dad," has issued a warning about an impending market crash and advocates for investing in Bitcoin, despite recently selling off $2.25 million worth of the cryptocurrency. Kiyosaki’s insights are influenced by current economic indicators and trends, particularly the job market's changes due to AI.

Key Takeaways

Robert Kiyosaki predicts a significant market crash is underway, affecting economies in the U.S., Europe, and Asia.
He advises accumulating assets such as Bitcoin, gold, and silver as protective measures.
Kiyosaki recently sold $2.25 million in Bitcoin but plans to reinvest with profits from new ventures.
He believes silver prices could reach $70 shortly, and even $200 by 2026, while still supporting Bitcoin's value.

Major Market Collapse Expected

Robert Kiyosaki is once again at the forefront of the Bitcoin discussion following his alarming statement about what he labels as the start of the "biggest crash in history." His suggestion to accumulate resilient assets comes as mixed signals emerge from global economies, particularly in real estate and the labor market, which he sees as indicators of a more significant downward trend.

Kiyosaki asserts that AI advancements will disrupt job markets, intensifying economic strains. He has highlighted gold, silver, Bitcoin, and Ethereum as key investments during times of financial instability.

A Profitable Exit Strategy

In 2013, Kiyosaki published "Rich Dad's Prophecy," in which he predicted an impending massive market crash. He believes that this crash has now begun, impacting not just the U.S., but also Europe and Asia.

In his view, as job markets begin to falter due to AI-induced disruptions, wealthy investors should pivot to what he calls durable stores of value. Recently, Kiyosaki publicly announced cashing out approximately $2.25 million in Bitcoin, selling at $90,000 per BTC. This decision was framed as a profit-taking move rather than an abandonment of Bitcoin, as he intends to reinvest these earnings into new business opportunities.

Focus on Silver and Bitcoin

In his latest commentary, Kiyosaki has emphasized silver, forecasting its price to reach $70 soon and potentially soar to $200 by 2026. His ongoing reference to Bitcoin in the same breath indicates that he continues to view it as a crucial asset in his strategy for weathering economic downturns. Overall, Kiyosaki pushes for a diversified approach to investment in these unpredictable market conditions.