Renowned investor and author Robert Kiyosaki, known for his bestselling book “Rich Dad Poor Dad,” has issued a crucial message to his followers on the X platform amidst the current market turmoil.
Despite the market crash, Kiyosaki believes that there are still opportunities for investors and entrepreneurs to capitalize on.
Stock Market Plunges: Your Chance to Build Wealth
Kiyosaki recently tweeted about the stock market crash, with major indices experiencing significant drops. He warned his 2.1 million followers on X that this crash was imminent, as he had been predicting it for years.
According to Kiyosaki, now is the time to seize the opportunity and start purchasing assets at discounted prices. While acknowledging the substantial losses faced by many investors and companies, he emphasized the importance of taking advantage of the current market conditions.
Referring to the teachings from his book, Kiyosaki highlighted that during market crashes, the wealthy tend to get richer by investing wisely.
Bitcoin Price Prediction: $350,000 Target
In a surprising move earlier this year, Kiyosaki made a bold prediction for Bitcoin’s price, suggesting it could reach $350,000. While he clarified that this was more of a target than a definitive prediction, Kiyosaki revealed his investments in Bitcoin and other leading cryptocurrencies.
Kiyosaki has been vocal about Bitcoin since 2020, criticizing the U.S. government for printing excess money to support the economy. This year, he has pointed to the soaring U.S. national debt, which has surpassed $35 trillion, as a key factor driving his bullish Bitcoin expectations.
Overall, Kiyosaki’s insights serve as a reminder for investors to stay vigilant during market downturns and capitalize on opportunities that arise amidst the chaos.