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U.Today - In a recent tweet, Robert Kiyosaki, a renowned investor and entrepreneur, who authored the best-selling book on finance “Rich Dad Poor Dad,” has addressed the financial community, finally naming the rough timing when he expects the biggest (or the “buggiest,” as he put it this time) crash to hit the stock market.
When it happens, he pointed out, Bitcoin will prosper.
Kiyosaki names when crash is coming
Kiyosaki has published another “Rich Dad prophecy” about the stock market crash, which Kiyosaki has been predicting to happen “soon” for the past decade.Once again, Robert Kiyosaki, whom many believe to be a financial guru, warned that “the buggiest stock crash in history is coming.” The first time, he said, he mentioned this was back in 2013.
Now, Kiyosaki has named when this crash is expected to hit the markets — February 2025.
"Bitcoin will bloom, bloom, bloom"
Kiyosaki has referred to this “upcoming crash” as “good news” since, “in a crash everything goes on sale.” He added that the prices of homes and automobiles have already dropped significantly: “Cars and houses on sale now.”The financial expert is certain that investors will begin withdrawing billions of dollars from the stock and bond markets and putting them in BTC: “Billions will leave the stock and bond markets and rush into Bitcoin.” Therefore, he says, “Bitcoin will boom, boom, boom.”
Kiyosaki urged the community to hurry up and get out of “fake” assets and into what he believes to be real ones: Bitcoin, gold and silver. “Get out of fake and into crypto, as well as gold and silver.” He added that “even one Satoshi can make you rich, while millions lose everything.”
Satoshi is a Bitcoin particle and constitutes 0.00000001 Bitcoin.
Kiyosaki predicts Bitcoin to hit $250,000
Earlier this month, the “Rich Dad Poor Dad” author stunned the cryptocurrency community, predicting that this year he expects the Bitcoin price to skyrocket to $250,000 per coin. He stated this when Bitcoin surged above the $100,000 level once again. Kiyosaki added that he was buying more BTC back then.His earlier predictions, however, stated that BTC would peak at $350,000 in 2025, with a minimum level of $175,000.