In a recent statement, millionaire US businessman Robert Kiyosaki shared his financial strategy in the event of a significant market crash.
Kiyosaki made his statement in response to predictions made by analyst Harry Dent, who predicted that a major “everything collapse” was on the horizon.
Dent's forecast paints a grim picture for the “Baby Boomer Generation” and predicts a significant decline in home prices. He also suggests that the S&P could potentially fall by a staggering 80%. Additionally, Dent predicts that the largest cryptocurrency, Bitcoin, will drop to $200 per coin.
However, Kiyosaki is not impressed by these predictions. In his statement, Kiyosaki states that he plans to increase his investments in real estate, gold and silver if Dent's predictions come true. If Bitcoin drops to $200 per coin, Kiyosaki plans to buy as many coins as possible.
Kiyosaki claims that those prepared for such a market crash could potentially emerge as multi-millionaires or even billionaires. He argued that he hoped Dent's predictions were correct because it would present a significant investment opportunity.
Kiyosaki, who has been expressing his views on Bitcoin for years, refers to BTC as “people's money” and describes the dollar as “fake money”.
*This is not investment advice.