'Rich Dad Poor Dad' Author Saves Bitcoin and Shuts Down Critic of His Big Crash Prediction - U.Today

BTC-2,22%
ETH-3,23%
XRP-3,56%
LINK-3,66%
  • Kiyosaki apologises but stands with his “big crash” prediction
  • Here’s where Bitcoin comes in Robert Kiyosaki, a vocal financial educator and Bitcoin bull known for his best-selling book on finances, “Rich Dad Poor Dad”, has taken to his X account to respond to a complaint.

He received it lately from someone who criticised his recent “get rich in a crisis” tweet, where Kiyosaki also mentioned Bitcoin.

Kiyosaki apologises but stands with his “big crash” prediction

In the tweet, the financial guru revealed that a friend had contacted him recently, saying that he was upset with Kiyosaki saying he was getting richer when the 2026 market crisis began. Kiyosaki stated that this person had not been following him on X and had not read his earlier tweets, where Kiyosaki explained his guidance on how to get rich during a crisis. Therefore, this person did not know the strategy of getting wealthy during a financial crash.

HOT Stories

Ripple’s Schwartz Denies Pre-Allocated XRP Contracts Are Real

Bitcoin (BTC) Lost $70,000: What’s Next? Is Chainlink (LINK) Hiding $10 Potential? XRP Aims at $1.20 Once Again: Crypto Market Review

Besides, apparently, Kiyosaki has been receiving criticism regarding his constant “upcoming biggest crash in history” predictions on X. The investor ironically apologised for quoting “futurists Nostradamus’ 1500 and Edgar Caycees 1940 prediction that a global economic crisis would begin in 2026.”

Kiyosaki made a big reminder that his strategy is the following: he does not invest in popular stock indexes, such as the S&P 500 or US bonds, mutual funds, or ETFs. Nor does he save cash. “I do not invest in anything the government, banks, or Wall Street prints,” he summarized.

Here’s where Bitcoin comes in

Robert Kiyosaki also reminded the community about his earlier tweets, how he has ensured a constant cash flow – publishing his books, his Cashflow board game in more than 50 languages, raising and selling cattle, drilling and selling oil, and renting out apartments. From these profits, he buys and saves Bitcoin, Ethereum, as well as physical gold and silver.

He pointed out that when he first started, he had almost no money and had to buy small amounts of assets, holding and never selling them. In this way, Kiyosaki bought his first six Bitcoins at $600. He spent all the money he had and then “did not eat for days.” He continues to save Bitcoin and Ethereum now, often adding to his crypto stashes.

Kiyosaki admitted that he does not know for sure if this “biggest crash in history” is coming this year. However, if it does, he is certain he will get richer.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Former UK PM Liz Truss Publicly Endorses Bitcoin as Tool Against Currency Debasement

Former UK Prime Minister Liz Truss criticized Britain's economic trajectory, citing high taxes and regulations. She advocates for Bitcoin to combat currency debasement and is organizing a conference to promote a movement for sovereignty and freedom.

GateNews6h ago

BTC breaks below 76000 USDT

Gate News bot message, Gate market data shows that BTC has broken below 76000 USDT, current price is 75996.9 USDT.

CryptoRadar7h ago

Goldman Sachs Files Bitcoin Income ETF Using Options Strategy

Goldman Sachs proposed a Bitcoin-focused income ETF that avoids direct Bitcoin holdings, using linked ETFs and options strategies for income. This filing reflects increased competition in the crypto investment space among major firms.

CryptoFrontNews7h ago

Bitcoin ETFs Record $663.9M Inflows, Strongest Day Since Mid-January

Bitcoin ETFs saw $663.9 million in inflows on April 18, indicating renewed institutional confidence and a shift in market sentiment. This trend suggests sustained interest in Bitcoin as investors seek to diversify their portfolios.

GateNews8h ago

Bitcoin Ownership Surpasses Gold Among Americans for the First Time

More Americans now own Bitcoin than gold, highlighting a significant shift in asset preferences as Bitcoin's popularity surges. U.S. entities dominate global Bitcoin holdings, and institutional adoption is accelerating, with major firms entering the market and legislation potentially enhancing Bitcoin's legal status.

GateNews9h ago

Bitcoin Price Outlook Shifts as Iran Toll Demand Revives $1M Target Talk

Iran Bitcoin toll revives debate on crypto as global payment infrastructure Geopolitical tensions push Bitcoin beyond store-of-value into currency role Institutional adoption and flows strengthen long-term million-dollar Bitcoin narratives Bitcoin price outlook has shifted again after fr

CryptoNewsLand9h ago
Comment
0/400
No comments