BTC, ETH eyed as Kiyosaki calls giant stock crash near

BTC holds near support as Kiyosaki flags imminent stock crash, boosting demand for scarce assets.

Financial author Robert Kiyosaki has issued a renewed warning of a major market crash, stating that the “biggest stock market crash in history” is imminent, according to his recent public statements.

Kiyosaki referenced his 2013 book “Rich Dad’s Prophecy,” in which he predicted a massive financial downturn. The author stated that the moment he warned about is now approaching and characterized the potential event as an opportunity for prepared investors.

The “Rich Dad Poor Dad” author described the anticipated downturn as a wealth transfer event. Those who prepared could become “richer beyond your wildest dreams,” while those who did not may face severe losses, according to his statements.

“In Rich Dad’s Prophecy published 2013 I warned of the biggest stock market crash in history still coming. That giant crash is now imminent,” Kiyosaki stated, adding that those who followed his warning and prepared would benefit from the coming crash.

Kiyosaki stated he is holding gold, silver, Ethereum, and Bitcoin, which he described as “real” assets, while avoiding what he characterized as “fake” versions of those instruments. The author said he is actively purchasing additional Bitcoin (BTC) as prices decline.

The financial educator emphasized Bitcoin’s fixed supply, noting that only 21 million Bitcoin will ever exist and that nearly the full supply is already in circulation. Kiyosaki argued that panic-driven selloffs create accumulation opportunities for long-term investors, stating he plans to purchase more Bitcoin if markets decline further.

Kiyosaki’s message aligns with his long-standing investment philosophy that economic crises present buying opportunities for hard assets. The author views falling markets as a chance to accumulate Bitcoin and other scarce assets at lower prices, according to his statements.