Robert Kiyosaki comments on the market crisis and the role of Bitcoin during times of instability.

Robert Kiyosaki – an investment and financial education expert, as well as the author of the classic book “Rich Dad Poor Dad” (Rich Dad Poor Dad) – recently made a statement about the severe fall of the stock market today and the developments surrounding Bitcoin in that context.

Reiterating content from one of his previous works, Kiyosaki mentioned a prediction he once made about the biggest crash in stock market history that has come true after many years. He also expressed caution when sharing this, in order to avoid being misunderstood as boasting about his predictive abilities.

Baby Boomer generation no longer has time for long-term investment

In his sharing, Kiyosaki mentioned the book “Rich Dad’s Prophecy” (Rich Dad’s Prophecy) published in 2002 – a work written after the success of “Rich Dad Poor Dad”. In it, he once warned about a large-scale financial crisis that would occur in the future, and emphasized that his generation – the Baby Boomers – would be the ones most heavily affected.

He wrote: “I have previously warned that the biggest crash in stock market history will sweep away the financial safety of millions of investors… especially my generation – the BABY BOOMERS.”

However, Kiyosaki believes that the current market is experiencing a recession rather than falling into a major crisis – a positive signal amid the market’s bleak phase. He particularly warns the Baby Boomer generation, as he states that they “no longer have enough time to invest long-term in assets such as stocks, bonds, mutual funds, or ETFs.”

The FED may print an additional thousands of billions of USD; Bitcoin is an alternative solution

In response to the question about coping solutions during the current period of instability, Kiyosaki stated that “the collapse of the paper market” is sweeping away millions of financial assets with no real value. To get through this phase, he once again recommends that investors look beyond traditional channels on Wall Street, and shift towards accumulating tangible assets such as “real gold, real silver, and now Bitcoin.”

Kiyosaki predicts that the U.S. Federal Reserve (FED) will soon revert to a money printing policy on a scale of trillions of USD, which will make “fake money even more artificial.” Although the prices of gold, silver, and Bitcoin tend to rise, he believes that this is not necessarily a real increase in prices but mainly reflects the rapid devaluation of the USD.

“If you still have a little time ahead, consider saving with ‘real money’ – that is gold, silver, and Bitcoin,” Kiyosaki concluded in his tweet.

Disclaimer: This article is for informational purposes only and is not investment advice. Investors should conduct thorough research before making decisions. We are not responsible for your investment decisions.

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Mr. Giáo

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