Robert Kiyosaki, the renowned author of the financial bestseller Rich Dad Poor Dad, has once again sparked discussions about the economy’s future. In a recent post on X (Twitter), Kiyosaki warned of an imminent financial downturn.
Referring to his 2013 book, Rich Dad’s Prophecy, he predicted the “biggest stock market crash in history” to occur in February 2025.
Kiyosaki Predicts Biggest Stock Market Crash in Feb 2025
In his post, Kiyosaki highlighted the silver lining of such a crash. He pointed out that economic downturns often create opportunities, noting that assets such as houses and cars would become more affordable.
However, he strongly emphasised Bitcoin, gold, and silver as the primary avenues for safeguarding wealth during turbulent times. “Good news because in a crash everything goes on sale… Bitcoin will boom, boom, boom,” he wrote, encouraging his followers to pivot from traditional investments to cryptocurrencies and tangible assets.
A Long-Time Bitcoin Advocate
Kiyosaki has been an outspoken proponent of Bitcoin for years, often championing it as a hedge against economic instability. Despite Bitcoin’s critics, he has maintained his belief in its potential to protect wealth.
Recently, he addressed comments from legendary investors Warren Buffett and Charlie Munger, who have dismissed Bitcoin as “rat droppings.” While acknowledging their expertise and success in traditional investments, Kiyosaki defended Bitcoin as a legitimate asset.
He believes it offers a safeguard against inflation and the volatility of traditional markets.
Strong Views on Speculation and “Crypto Farce”
Kiyosaki’s faith in Bitcoin does not extend to all cryptocurrencies. In his recent social media posts, he distanced himself from speculative tokens and trends in the crypto space. He also criticized the popularity of tokens like $TRUMP, referring to them as part of the “crypto farce.”
By focusing on Bitcoin, gold, and silver, Kiyosaki underscores his preference for assets he considers to have intrinsic or lasting value.
Bitcoin’s Price Actions
As of now, Bitcoin is trading at $99,191.72, experiencing a 5.49% drop in the last 24 hours. Despite the dip, the global cryptocurrency market cap stands at $1.96 trillion, with trading volume surging by 127% in the same period.
These numbers reflect the increasing activity and interest in the crypto market, even during volatile times.
Kiyosaki’s message is a call to action for investors to reconsider their strategies. He urges individuals to move away from traditional markets, which he predicts will suffer significant losses, and shift towards assets like Bitcoin, gold, and silver.
Also Read: Rich Dad Poor Dad Author Robert Kiyosaki Says “Why I Love Bitcoin, It Makes Getting Rich Easy”