Robert Kiyosaki, the author of the book “Rich Father Poor Baba”, predicted that there would be a major financial market collapse years ago. This estimate, including the crypto money market, was not taken too seriously at that time. However, with the major change in the markets, Kiyosaki’s warnings became reality. So, what about now?
Robert Kiyosaki’s crypto market estimation
Kiyosaki, who frequently shares his views on financial markets, is known for his positive and negative predictions. In particular, the US said that the increasing debt burden and irresponsible monetary policies would lead to a large market collapse. In a sharing in 2014, he used the following statements by stating that technical indicators pointed to the greatest collapse of history:
Real estate prices, stocks, bonds, gold, silver and Bitcoin will crash.
Indeed, financial markets confirmed predictions by experiencing a major decrease in recent years. Nasdaq has seen its worst decline since 2022 and erased $ 1.7 trillion from its market value. The crypto currency market was also damaged; Bitcoin fell to $ 76,000 for a short time, while Ethereum fell below $ 1,800. Within 24 hours, the sector lost more than $ 940 million.
Causes of the Great Crisis
With the start of Donald Trump’s second presidency, fluctuations in the crypto currency market increased. At first, some analysts connect this collapse to geopolitical factors such as Trump’s trade wars, but the real reasons are quite complex.
The Kobeissi Letter, the source of financial analysis, states that the sudden change in investor sensitivity lies on the basis of this economic crisis. Within a few months, there was an atmosphere in the markets that turned into excessive fear of greed. At the same time, the uncertainties about whales in increasing the exposure positions, funding outputs and Bitcoin reserves negatively affected market sensitivity.
Robert Kiyosaki’s advice is to invest in “solid assets”
This collapse in the crypto currency market seriously affects investors. However, Kiyosaki and some experts see it as an opportunity. According to Kiyosaki, those who are prepared in this period will be the winner. Large financial institutions such as Microstrategy see this as the “opportunity to buy from the bottom ..
However, Kiyosaki proposes investors to stay away from ETFs and describes these investment instruments as fake. Nasıl How to succeed against this corrupt and criminal currency system? True Gold, Silver and Bitcoin. But I would never get ETF, because they are as fake as USD and bonds. ”
With this collapse in the financial markets, the crypto currency market is also experiencing great chaos. However, experts believe this is a temporary decline. The market is expected to recover with developments in Bitcoin reserves and clearer arrangements. Robert Kiyosaki considers this decline as a purchase opportunity and invites investors to diversify their portfolios, avoid leveraged transactions and apply the right trade strategies.
