Robert Kiyosaki’s Big Warning: Buy BTC and ETH as the Worst Market Crash Is Yet to Come

The meltdown on Friday, which affected crypto and shares, shouldn’t be the most painful collapse this 12 months will see, predicted the creator of the best-seller, Rich Dad, Poor Dad.

In a latest put up over the weekend, Robert Kiyosaki envisioned a doomsday state of affairs during which Baby Boomers’ retirement funds are “going to be worn out.”

Worst Crash to Come Soon?

The creator and investor started his put up by outlining the “greatest crash in world historical past” in his Rich Dad’s Prophecy e-book. What’s much more worrying is that he believes this calamity will happen in the subsequent few months.

His prediction comes after one in all the most painful crashes in crypto historical past. Recall that BTC plunged by roughly $20,000 in hours, whereas many altcoins had been obliterated with losses of up to 90% at one level. The liquidations set a record at over $19 billion inside a 24-hour span after US President Trump imposed a brand new set of tariffs on Chinese merchandise.

Kiyosaki reaffirmed one other one in all his earlier statements, that traders want to allocate funds solely in “actual property” as “savers are losers.” According to him, these are gold, silver, Bitcoin, and Ethereum as of late.

“Today, I consider silver and Ethereum are the greatest as a result of they’re shops of worth…however extra importantly…utilized in business…and costs are low. Please examine execs and cons and usefulness of silver and Ethereum…from haters and lovers of silver and Ethereum…and then make investments with your personal monetary knowledge.”

Actual Crash in Stock Markets?

While he has been preaching that traders ought to go for gold, silver, BTC, and ETH, Kiyosaki has been criticizing the US inventory market and the greenback. At the begin of the month, he alleged that Wall Street will collapse quickly, which is why even long-term inventory proponent Warren Buffett had turned to gold.

“Even although Buffett shit on gold and silver traders like me for years, his sickening endorsement of gold and silver should imply shares and bonds are about to crash,” he stated.

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