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▲ Robert Kiyosaki, Dollar (USD), Bitcoin (BTC), Ethereum (ETH), Gold/AI generated image ©
Robert Kiyosaki, the author of the global bestseller "Rich Dad Poor Dad," is drawing market attention by warning of an impending financial crisis on par with a new Great Depression and proposing a radical survival strategy: viewing market crashes as golden shopping opportunities to accumulate immense wealth.
According to cryptocurrency media outlet Finbold on April 28 (local time), Kiyosaki stated on social media platform X on the 27th that while some will collapse miserably in the coming economic crisis, he will be among those who accumulate even greater wealth, just as he did during the market crashes of 1987, 2000, 2008, 2015, 2019, and 2022.
The secret to his claim of continuously getting richer even during market crashes lies in asset sales. Kiyosaki explained that whenever a national or global financial crisis hits, excellent assets become available on the market at significantly discounted prices, and buying quality assets on sale is a sure strategy for success.
Although he did not specifically mention which assets to buy in his social media post, his past statements reveal the outline of what he considers excellent assets. He has been an ardent supporter of gold and silver for decades, and for several years now, he has actively encouraged investment in cryptocurrencies, primarily Bitcoin (BTC), followed by Ethereum (ETH).
Furthermore, Kiyosaki is known for emphasizing the importance of real estate and cash-generating businesses. He previously stated that he owned 15,000 properties and cited businesses that generate continuous income, such as Wagyu cattle ranches, as examples of excellent asset portfolios.
However, the media outlet pointed out that Kiyosaki's advice is only valid for wealthy individuals who can afford to invest during a recession, and it does not offer practical solutions for ordinary individuals who rely on jobs and savings to raise investment capital amidst mass layoffs and economic downturns.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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