'Rich Dad Poor Dad' Author Unveils How to Survive Current Market Crash

investing.com 03/08/2024 - 07:56 AM

Robert Kiyosaki’s Market Insights

Robert Kiyosaki, the investor and author of Rich Dad Poor Dad, shared important insights on the X platform about current market conditions.

Market Crash Opportunity

Kiyosaki noted that while the stock market is crashing, it presents opportunities for investors and entrepreneurs.

“Stock market crashes. This is your turn to get richer.”

On Friday, the Dow Jones index dropped by 600 points, with the Nasdaq falling 2.4% and the S&P 500 losing 6% from its recent peak. Kiyosaki reminded his 2.1 million followers that he had forecasted this crash several times.

He advised holding onto the situation and buying assets at low prices, echoing lessons from his book that the wealthy often grow richer during market downturns.

Bitcoin Price Prediction

In June, Kiyosaki predicted Bitcoin could reach $350,000, stating this was more of a target than a prediction. He also mentioned investing in Bitcoin, Ethereum, and Solana.

His recent tweets connect Bitcoin’s potential surge to the rising U.S. national debt, which has reached $35 trillion.

This article was originally published on U.Today.




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