The author of the bestseller *Rich Dad, Poor Dad* is back with his prognosis of a major market crash expected to affect numerous financial sectors. In light of this, he outlined his strategy, which involves purchasing certain assets while disposing of others. Additionally, Kiyosaki set ambitious price targets for his two favorite cryptocurrencies, which also happen to be the largest by market capitalization.
### Gold and Silver First
The prominent author and investor has been advocating for Bitcoin (BTC) for years, but he only recently added Ethereum (ETH) to his portfolio. Prior to that, he was a strong proponent of the two largest precious metals: gold and silver.
Kiyosaki has also been warning about an impending market crash, particularly in stocks, which he believes are significantly overvalued. In his latest tweet on the matter, he identified gold as his first choice for hedging against market uncertainty. His target for gold is $27,000 per ounce—a figure he derived from popular gold bug Jim Rickards.
It’s important to note that although gold had a spectacular year and set numerous new all-time highs, it still remains far below that target, closing at around $4,000 per ounce as of last Friday.
After revealing that he owns both silver and gold mines, Kiyosaki also shared his price target for silver: $100 by 2026.
### $250K BTC, $60K ETH
When it comes to predictions for the two biggest cryptocurrencies, Kiyosaki seems to believe Ethereum has more room for substantial growth.
His target for Bitcoin is $250,000, which would require approximately a 150% increase from current levels.
As of now, Ethereum trades around $3,500. For ETH to reach Kiyosaki’s target of $60,000, it would need to surge over 1,600%, representing a much more challenging climb compared to Bitcoin.
What makes these predictions even more intriguing is the potential market cap implications. If both targets are met, Ethereum would become the number one digital asset by market capitalization. Its market cap would exceed $7.2 trillion given the current circulating supply, while Bitcoin’s market cap would be around $5 trillion.
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*Stay tuned as market dynamics continue to evolve, and always consider consulting a financial advisor before making investment decisions.*
https://cryptopotato.com/robert-kiyosaki-sets-huge-btc-eth-price-targets-after-warning-of-an-impending-crash/
