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“Rich Dad, Poor Dad” author predicts Bitcoin sell-off amid stock market crash
Robert Kiyosaki predicts a historic stock market crash, anticipating discounted prices for assets like Bitcoin, gold and real estate.
Bitcoin fell nearly 7% amid U.S. stock market volatility, with Kiyosaki framing the drop as a buying opportunity for long-term investors.
Experts point to strong links between Bitcoin’s performance and stocks, urging caution but highlighting the potential to accumulate cryptocurrencies at a discount.
Robert Kiyosaki anticipates Bitcoin sell-off
Kiyosaki took to social media to reiterate his long-standing predictions, attributing the impending crash to decisions made during the 2008 financial crisis. He claimed that leaders like former Federal Reserve Chairman Ben Bernanke prioritized bailing out banks over ordinary citizens.
“I WARNED everyone. In 2013, I published The Rich Dad Prophecy, which predicted the biggest stock market crash in history. That COLLAPSE is NOW,” he posted.
Kiyosaki also warned that by 2025, the car and housing markets, restaurants, retailers, and even wine sales are collapsing. He also acknowledged that the world was on the brink of war, which, in his view, made everything worse.
“Please be smart. Many expensive assets will be on sale. I will be buying more real assets with fake US dollars,” Kiyosaki noted.