The author of ‘Rich Dad Poor Dad’ reveals how to survive the current market crash

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U.Today – Robert Kiyosaki, investor and entrepreneur, also known as the author of the popular financial education book titled “Rich Dad Poor Dad”, addressed his numerous followers on the X platform to deliver an significant message about what is currently happening in the markets.

Even though their situation is worsening, he still sees opportunity for investors and entrepreneurs.

“Stock Market Countries. Now It’s Your Turn to Get Rich”

Kiyosaki tweeted that the stock market crash had come. The stock market fell 600 points on Friday, the Nasdaq fell 2.4%, the S&P 500 fell 6% from its last all-time high.

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Robert Kiyosaki reminded his 2.1 million followers on X that he had been predicting this crash in numerous tweets over the past few years. The “Rich Dad Poor Dad” author has repeatedly warned that the crash would come soon.

One way to act now, he said, is to seize the opportunity to make money that he believes has just presented itself—to start “buying assets at fire sale prices.” He acknowledged that the losses that many investors and companies are now facing are “significant.”

He referred to his previously mentioned book and stated that “Rich dad taught his son and me that when markets crash, that’s when the rich get richer,” using the above recommendations.

up to $350,000 in August

In early June, Robert Kiyosaki surprised the cryptocurrency community by making a stunning prediction about how high he expected the world’s flagship cryptocurrencies to rise this year. Kiyosaki tweeted that he expected Bitcoin to soar to $350,000.

He explained that it was not actually a prediction, but rather his “goal, dream, and wish.” Interestingly, he also revealed that he owned and bought not only Bitcoins but also leading altcoins, notably and .

Kiyosaki has been actively tweeting about Bitcoin since at least 2020, when the pandemic hit, and has repeatedly accused the U.S. government of printing “fake” U.S. dollars to prop up the economy. This year, the financial guru provided another major reason for his expectations for Bitcoin’s rise — the size of the U.S. national debt (to date) has reached a staggering $35 trillion.

This article was originally published on U.Today

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