Robert Kiyosaki on Bitcoin Crash: “Brutal Market Crash” Offers Chance to Get Rich
Robert Kiyosaki, author of Rich Dad Poor Dad, has warned of a “brutal market crash” impacting Bitcoin and traditional assets. Despite the downturn, he sees a silver lining for savvy investors.
Kiyosaki’s Warning: “Brutal Crash Here Now”
Kiyosaki recently tweeted about a severe market crash affecting stocks, bonds, real estate, gold, silver, and Bitcoin. He predicts millions could lose jobs but emphasizes a unique opportunity.
Good News for Investors: Assets “On Sale”
According to Kiyosaki, the crash makes gold, silver, and Bitcoin “the best assets in the world” at discounted prices. He believes this is the perfect time to build wealth.
Bitcoin’s Recent Decline
Bitcoin dropped over 7% since Sunday, falling from 99,350to99,350to92,500. It has since partially recovered, trading at $95,480. Other cryptocurrencies like SOL, XRP, and DOGE also plunged 11-18%.
Crypto Market Bloodbath
The U.S. government’s new trade tariffs triggered a crypto sell-off, wiping out over $2 billion in 24 hours. Traders fled risky assets, including Bitcoin and tech stocks.
Kiyosaki’s Investment Strategy
Kiyosaki compares the current crash to the 2009 financial crisis. He bought cheap commercial real estate then and made a fortune. Now, he sees similar opportunities in Bitcoin, gold, and silver.
Key Takeaways for Investors
- Bitcoin and traditional assets are experiencing a severe downturn.
- Gold, silver, and Bitcoin are now “on sale,” offering investment opportunities.
- Kiyosaki advises using the crash to build long-term wealth.
Conclusion
While the market crash is alarming, Kiyosaki views it as a chance to acquire valuable assets at lower prices. For investors, this could be the moment to “get rich.”
Stay updated on market trends and investment strategies to navigate these turbulent times.