Famous writer Robert Kiyosaki, who has said that the economic situation has not improved for a while and recommends investing in assets such as gold, Bitcoin and silver to protect against loss of value, came up with his new comments. Robert Kiyosaki, author of “Rich Dad Poor Dad” and a personal finance celebrity, issued a warning about an impending market-wide collapse in his latest tweet. He also urged his followers to take advantage of the assets he’s talked about significantly over the past few years. Here are the details…
Robert Kiyosaki warns of possible market crash
The famous author has repeatedly warned his 2.3 million followers of a global market meltdown that he claims is finally coming. According to Kiyosaki, the first domino effect began in 2022, when the majority of companies in Silicon Valley laid off about 144,000 employees. He also states that in the first month of this year, approximately 66 thousand people lost their income. Companies that have laid off some of their employees include Meta, Amazon, Google, Microsoft and Zoom.
Kiyosaki even cites the catastrophic collapse that was supposed to occur on Valentine’s Day, as predicted by Maryland-based Stansberry Research. However, it is worth noting that Kiyosaki has repeatedly issued warnings about the market crash. Usually, the “market crash” did not happen on a particular day. Rather, there was a gradual collapse.
Will there be a collapse in Bitcoin and altcoins too?
Kiyosaki; The stock market predicted a collapse in all asset classes, including commodities like gold and silver, and even the broader crypto market. He firmly stated that he plans to increase the amount of gold, silver and Bitcoin holdings regardless of whether their prices are rising or not, which comes as a direct response to the current state of the market. Thus, he demonstrates his unwavering belief in the value of these investments. Kiyosaki said, “Everything will collapse, including gold, silver, BTC prices. Don’t panic.” said.
CRASH is here. Silicon Valley first dominos fall laying off 144,000 in 2022. 66,000 more 2023. VALENTINES DAY MASSACRE predicted by Stansberry Research. Everything will crash including prices gold, silver, BC. Do not panic. Good news. I will buy more G,S,BC, real money w/ fake $.
— Robert Kiyosaki (@theRealKiyosaki) February 10, 2023
The 75-year-old American entrepreneur has become a staunch Bitcoin advocate. Even, cryptocoin.com As we have also reported, he described BTC as “people’s money” last week. While explaining the competitive advantage of the leading cryptocurrency, the author stated that the regulations introduced by the SEC will seriously affect the majority of altcoins in the market. In light of the recent crypto crackdown by the US financial watchdog, Robert’s views once again stand the test of time.
Kiyosaki has repeatedly underlined that one of the most important advantages of Bitcoin is that it is considered a commodity with a status comparable to gold and silver. Especially from 2020, Bitcoin has been called “digital gold”. Many investors and experts have discussed Bitcoin’s status as a “safe haven asset”.
