Robert Kiyosaki Advocates Bitcoin Buying Amid 50% Crash

Robert Kiyosaki, the renowned author of "Rich Dad Poor Dad," has publicly stated his intention to continue acquiring Bitcoin despite the recent significant crash in its value. Kiyosaki, known for his advocacy of financial education and investment strategies, has long been a proponent of Bitcoin as a hedge against economic downturns and financial crises. His stance on the recent crash reflects his belief in the long-term value of Bitcoin, viewing the current market conditions as an opportunity to buy more at a discounted price.

Kiyosaki's comments come at a time when the cryptocurrency market has experienced substantial volatility, with Bitcoin prices plummeting. However, he remains steadfast in his conviction that Bitcoin is a valuable asset, particularly in the face of potential economic instability. His approach aligns with his broader philosophy of leveraging market downturns to accumulate assets that have the potential for significant future growth.

Kiyosaki has blamed the current market decline on "incompetent" politicians and "banksters" spearheaded by the Federal Reserve. He claimed that he had predicted the current crash in his book “Rich Dad’s Prophecy,” stating that the current stock market collapse “is going to be bigger than the 1929 crash,” which led to the Great Depression. He reassured his audience that feeling disturbed and fearful is normal, but he warned them against panicking, advising that they do not have to be one of the millions of people who will lose their savings and fortunes.

Kiyosaki revealed the strategy he adopted in 2008, when the U.S. was hit by the massive financial crisis. He said he waited, “letting the panic and dust settle and then started to look for great real assets on sale…. At Deep discounts.” In other words, he insists, a crash presents “the opportunity of your lifetime.” The expert said he will continue buying “real assets" — Bitcoin, gold, silver and real estate — now on sale.

Kiyosaki's perspective is not isolated; it resonates with a growing number of investors who see Bitcoin as a strategic investment, especially in times of economic uncertainty. His advice to continue acquiring Bitcoin during market crashes is a testament to his belief in the cryptocurrency's resilience and potential for long-term appreciation. This strategy is part of his broader investment philosophy, which emphasizes the importance of diversifying one's portfolio and taking advantage of market fluctuations