“Rich Dad Poor Dad” Author Robert Kiyosaki has predicted a major crash has begun after months of warning his followers.
Best Time To Get Rich
According to Robert Kiyosaki, this is the best time to get rich. Rather than stay downcast with the state of the economy, the financial guru outlined action plans to his followers.
First, he advised prospective investors not to catch the falling knives. By this, he meant they shouldn’t get greedy by buying the assets they want to acquire before prices have bottomed. He posited that acquisition should be made only when no one wants the assets they want to buy.
To survive this crash that has started, Robert Kiyosaki advocated studying on YouTube. However, he advocated spending enough time with only the real teachers on the platform. He named some financial experts to follow and also advocated making new friends who share a similar success spirit.
BAD NEWS: CRASH has BEGUN. It will be a bad one.
GOOD NEWS: CRASHES are the best time to get rich. Bargains will float to the surface.
RULES to REMEMBER in a CRASH:
1: DON’T CATCH FALLING KNIVES: Just because prices are falling DO NOT get GREEDY. Wait til prices have…— Robert Kiyosaki (@theRealKiyosaki) May 3, 2024
To Robert Kiyosaki, it is impossible to survive the age of Artificial Intelligence (AI) without a side hustle. He predicted that AI would take many people’s jobs and a side hustle might guarantee sustainability in the long term.
Robert Kiyosaki Tips Bitcoin Savings
As the ultimate recommendation to survive the market crash, Kiyosaki talked down saving money in “fake money”. By this, he meant the US Dollar, Euro, and other fiat currencies that go down in value over time.
As an alternative, he advocated saving in his trusted assets including Bitcoin (BTC), Gold, and silver. For a financial expert who has significant, but undisclosed Bitcoin holdings, Robert Kiyosaki has always pitched the coin as a major asset to own.
His bullish disposition inspired his prediction that the coin will hit a high of $300,000 this year. At the time of writing, Bitcoin is priced at $59,192.71, up 2.72% in the past 24 hours.
