In a recent X article, renowned Rich Dad Poor Dad Author Robert Kiyosaki said that the “GIANT MARKET CRASH” has already begun. However, despite economic concerns, he reiterated his bullish stance on gold, silver and the leading cryptocurrency Bitcoin. The author also shared his reasons for maintaining a positive outlook on these risky assets, especially in light of inflation and other macroeconomic concerns.
Rich Dad Poor Dad author confirms onset of “giant market crash”
Financial expert and renowned Rich Dad Poor Dad author Robert Kiyosaki has issued a dire warning, confirming that the “GIANT MARKET CRASH” has begun. In a recent X post, Kiyosaki emphasized the importance of investing in tangible assets such as gold, silver and Bitcoin to hedge against the coming economic downturn. Kiyosaki attributed the impending collapse to the reckless monetary policies of the US central bank, governments and financial institutions. Incidentally, this coincides with his earlier warning of a global economic depression.
The author noted that the government is exacerbating the problem by printing more “fake money”. This is fueling inflation, eroding the purchasing power of fiat currencies and widening the wealth gap between rich and poor. To mitigate the effects of the coming collapse, Kiyosaki advises investors to focus on accumulating real assets such as precious metals and Bitcoin. He said that these assets have historically held their value and even appreciated during periods of economic turmoil. He also emphasizes the author’s strong confidence in Bitcoin and precious metals as a hedge against macroeconomic woes.
Can the cryptocurrency rally continue amid these economic concerns?
The Rich Dad Poor Dad author has recently maintained a bullish stance on Bitcoin by making bold predictions. Most recently, Robert Kiyosaki said that BTC is poised to reach a value between $175,000 and $350,000 in 2025, which has garnered a lot of interest from market participants. In addition, a number of market experts have also remained bullish on the coin’s long-term trajectory. A recent Bitcoin price analysis shows that the cryptocurrency could reach the $108K level after crossing the $100K mark.
Notably, the BTC price rose over 2% today to change hands at $98,261, while trading volume fell 15% to $35.28 billion. Meanwhile, as the author of the bestselling book “Rich Dad Poor Dad”, Kiyosaki’s warnings and investment advice carry significant weight. In light of Kiyosaki’s latest prediction, investors would do well to reassess their investment strategies to ensure they are adequately prepared for the coming market crash.
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