Robert Kiyosaki warns yet again about an incoming market crash that could also affect gold, silver, and Bitcoin.
The American businessman calls for precaution in Bitcoin purchase, especially after the asset crossed $120k all-time-high.
American billionaire and serial investor Robert Kiyosaki has again warned about an impending market crash that will most likely affect the prices of bitcoin, gold, and silver. The businessman suggests that this is the riskiest time to buy Bitcoin, despite predictions that the asset could easily appreciate to $200,000 and $1 million in the long term.
Kiyosaki praised previous Bitcoin investors when the asset went over $120k for the first time on Friday of the recent Crypto Week, while calling it “bad news” for those who hesitated to “pull the trigger” or purchase Bitcoin as he has been advising. According to him, those who failed to invest “own nothing.”
“Pigs Get Fat, Hogs are Slaughtered”
The billionaire mogul made a sharp distinction between pigs and hogs. While pigs, the smart, calculated, and strategic investors, have already invested in Bitcoin and amassed enough profit with the recent ATH, hogs are the greedy and impulsive investors who would rush in to invest following the recent appreciation of the crypto asset.
ADVERTISEMENT*“I am buying one more coin…. and getting fatter,” wrote Kiyosaki. “I will not buy any more….until I know where the economy is going. As tempting as Bitcoin going to $200k to $1 Million is….I do want to be a HOG and get slaughtered.”*
In essence, he cautions against FOMO (Fear of Missing Out) or greed, especially within this period of stellar Bitcoin performance. Instead, he warns potential investors to do their due diligence and patiently watch the market directions before making investments to avoid getting “slaughtered” like hogs or liquidated.
“Bubbles are about to start busting,” said Kiyosaki, referring to an impending market crash that will spare no asset. According to him, when these bubbles burst, “gold, silver, and Bitcoin will bust too.”
ADVERTISEMENTSource: Robert Kiyoaksi on X.
However, he said the “good news” or silver lining in this adverse market situation he predicts is that it presents another opportunity for smart investors to buy up these high-performing assets. While he does not advise buying anymore Bitcoin at the moment, he’s hopeful on purchasing more “if prices of gold, silver, and Bitcoin crash.”
Kiyosaki seems to contradict his previous prediction about Bitcoin, gold, and silver being the only assets that would survive what he termed the “greatest crash in history.” Previously, je predicted that the crash would predominantly affect boomers, whose funds are mostly in stocks, bonds, but the latest forecast leaves the markets utterly hopeless.
Meanwhile, several consistent institutions like Michael Saylor’s Strategy and nations like El Salvador do not seem to be pulling the plug on Bitcoin acquisition. Recently, Trump Media and Technology Group acquired $2 billion worth of BTC, resurrecting confidence in the asset’s long-term prospects.
Halaman ini mungkin berisi konten pihak ketiga, yang disediakan untuk tujuan informasi saja (bukan pernyataan/jaminan) dan tidak boleh dianggap sebagai dukungan terhadap pandangannya oleh Gate, atau sebagai nasihat keuangan atau profesional. Lihat Penafian untuk detailnya.
Bitcoin Dip Impending, Warns Robert Kiyosaki
American billionaire and serial investor Robert Kiyosaki has again warned about an impending market crash that will most likely affect the prices of bitcoin, gold, and silver. The businessman suggests that this is the riskiest time to buy Bitcoin, despite predictions that the asset could easily appreciate to $200,000 and $1 million in the long term.
Kiyosaki praised previous Bitcoin investors when the asset went over $120k for the first time on Friday of the recent Crypto Week, while calling it “bad news” for those who hesitated to “pull the trigger” or purchase Bitcoin as he has been advising. According to him, those who failed to invest “own nothing.”
“Pigs Get Fat, Hogs are Slaughtered”
The billionaire mogul made a sharp distinction between pigs and hogs. While pigs, the smart, calculated, and strategic investors, have already invested in Bitcoin and amassed enough profit with the recent ATH, hogs are the greedy and impulsive investors who would rush in to invest following the recent appreciation of the crypto asset.
ADVERTISEMENT*“I am buying one more coin…. and getting fatter,” wrote Kiyosaki. “I will not buy any more….until I know where the economy is going. As tempting as Bitcoin going to $200k to $1 Million is….I do want to be a HOG and get slaughtered.”*
In essence, he cautions against FOMO (Fear of Missing Out) or greed, especially within this period of stellar Bitcoin performance. Instead, he warns potential investors to do their due diligence and patiently watch the market directions before making investments to avoid getting “slaughtered” like hogs or liquidated.
Kiyosaki Predicts Bitcoin Dip, Alongside Market-Wide Meltdown
“Bubbles are about to start busting,” said Kiyosaki, referring to an impending market crash that will spare no asset. According to him, when these bubbles burst, “gold, silver, and Bitcoin will bust too.”
ADVERTISEMENT
Source: Robert Kiyoaksi on X.
However, he said the “good news” or silver lining in this adverse market situation he predicts is that it presents another opportunity for smart investors to buy up these high-performing assets. While he does not advise buying anymore Bitcoin at the moment, he’s hopeful on purchasing more “if prices of gold, silver, and Bitcoin crash.”
Kiyosaki seems to contradict his previous prediction about Bitcoin, gold, and silver being the only assets that would survive what he termed the “greatest crash in history.” Previously, je predicted that the crash would predominantly affect boomers, whose funds are mostly in stocks, bonds, but the latest forecast leaves the markets utterly hopeless.
Meanwhile, several consistent institutions like Michael Saylor’s Strategy and nations like El Salvador do not seem to be pulling the plug on Bitcoin acquisition. Recently, Trump Media and Technology Group acquired $2 billion worth of BTC, resurrecting confidence in the asset’s long-term prospects.
What’s your Reaction? +1 0
+1 0 
+1 0 
+1 0 
+1 0 
+1 0 
+1 0 
ADVERTISEMENT