Robert Kiyosaki, a renowned investor and best-selling author of ‘Rich Dad Poor Dad,’ has commented on the recent sharp decline in financial markets, including Bitcoin, on social media. He had been warning about the ‘worst crash in history’ for the past few years and now emphasizes that this crash has finally happened, with stock markets, bonds, real estate, gold, silver, and Bitcoin plummeting severely. According to Kiyosaki, in these conditions, millions will lose their jobs. However, in his view, the world’s best assets are now in a ‘sale’ mode. He considers silver, gold, and Bitcoin suitable options for investment and describes this situation as the ‘best time to get rich.’ On Saturday, as the price of Bitcoin began to fall, Kiyosaki warned that ‘digital gold’ may fall further, but he sees this situation as an opportunity to buy cheaper and gain wealth. Kiyosaki referred to a similar situation during the 2009 financial crisis when commercial real estate prices plummeted, and he made huge profits by buying them at lower prices. The new trade tariffs imposed by the United States on Canada, Mexico, and China have led many to call this the worst crash in the history of digital currencies. In the past 24 hours, over $2 billion worth of leveraged positions have been liquidated. Traders are rapidly exiting high-risk asset markets, such as technology stocks and Bitcoin. At the time of writing this news, Bitcoin is trading at $95,370 with a 3.3% decrease from the previous day. Other digital currencies have also experienced a significant fall following Bitcoin, with prominent cryptocurrencies like Solana, Ripple, Binance Coin, Cardano, Dogecoin, and others dropping between 11 to 18 percent. You can view the prices of all tokens and cryptocurrencies live and instantly on the digital currencies’ live price page.
