Robert Kiyosaki, author of the book "Rich Dad Poor Dad," today warned that the market bubble is "about to burst" and stated that he plans to buy more Bitcoin, gold, and silver after the collapse.
In a post on X, Kiyosaki stated that when the bubble bursts, "the likelihood is that gold, silver, and Bitcoin will also crash." He considers this potential collapse as a buying opportunity and added, "If the prices of gold, silver, and Bitcoin crash... I will buy in."
Not the First Collision Warning from Kiyosaki
This is not the first time Kiyosaki has advised his followers to prepare for a crash. This bestselling author has become famous for his bold market predictions in recent years, but many of those predictions have not come true.
A user asked Grok AI in the comments how many times Kiyosaki has predicted the market will crash.
AI responded: "Based on his X posts, Robert Kiyosaki has made similar predictions about the market bubble bursting and the collapse of gold, silver, and Bitcoin at least 30 times since 2022, often advising to buy in when prices drop."
The market newsletter "Brew Markets" also commented under his post and advised readers not to heed Kiyosaki's investment advice.
In a reply, this account also shared some of Kiyosaki's previous predictions about an impending market crash. These warnings date back to mid-2011.
According to a snapshot of the chart, most of those warnings appeared when the market experienced a brief pullback before rising.
A user on X later stated that Kiyosaki is "always wrong." Another user accused Kiyosaki of just trying to confuse new investors.
Analyst Says Major BTC Correction Still Weeks Away
Kiyosaki's prediction came when the price of Bitcoin was just under 3% lower than its all-time high of $123,091.61 set a week ago.
While the leading cryptocurrency has returned to a trading level of $119,016.15 at 4:58 AM EST, renowned crypto analyst and trader Rekt Capital told his over 551.2 thousand followers on X that BTC's latest upward trend "is not over yet."
