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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 that a terrible financial crisis on the level of a new Great Depression is approaching, and by proposing a radical survival strategy that suggests the market crash should instead be seen as an excellent shopping opportunity to accumulate immense wealth.
According to crypto media outlet Finbold on April 28 (local time), Kiyosaki expressed confidence on social media platform X on the 27th that while some will collapse miserably amidst the upcoming economic crisis, he will belong to the group that accumulates even greater wealth, just as he did during the market crashes of 1987, 2000, 2008, 2015, 2019, and 2022.
The secret to his claim that he can continue to get rich even during market crashes lies in asset sales. Kiyosaki explained that whenever a national or global financial crisis hits, excellent assets come onto the market at significantly discounted prices, and buying these quality assets on sale is a sure-fire strategy for success.
Although he did not explicitly state which specific assets to buy in his social media post, a look at his past remarks reveals the outline of the excellent assets he recommends. He has been an ardent supporter of gold and silver for decades, and for several years now, he has actively encouraged investments in cryptocurrencies, led by Bitcoin (BTC) and including Ethereum (ETH).
In addition, 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 a Wagyu cattle ranch, as examples of an excellent asset portfolio.
However, the outlet pointed out that Kiyosaki's advice is only valid for wealthy individuals who have the capacity to invest even during a recession, and does not offer practical answers on how ordinary individuals who rely on jobs and savings should secure investment funds amidst mass layoffs and economic downturns.
*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*
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