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Robert Kiyosaki Recommends Bitcoin and Ethereum as Hedge Against Potential Global Crisis

Boluwatife Adeyemi
2 hours ago
Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.
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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
an image of Robert Kiyosaki and the Bitcoin and Ethereum logo

Highlights

  • Kiyosaki stated that buying Bitcoin and Ethereum is a way to get rich while the world collapses.
  • The renowned author warned that the world is likely to get poorer in the face of global crisis.
  • He recently offloaded some of his BTC holdings but stated that he is still bullish.

‘Rich Dad Poor Dad’ author Robert Kiyosaki has again made a case for the two largest cryptos by market cap, Bitcoin and Ethereum. This time, he recommended both cryptos as a way to get rich, even as the world collapses and the poverty rate rises.

Robert Kiyosaki Advises Investors To Buy Bitcoin And Ethereum To Get Rich

In an X post, the renowned author told market participants to buy Bitcoin and Ethereum alongside gold and silver. He recommended these assets as a way to get rich while the world collapses.

Robert Kiyosaki also noted that the Japan ‘Carry Trade’ had ended but warned that investors that the bubble markets were about to inflate. This again suggests that the author anticipates a global financial crisis that could shake markets.

As such, he believes it is best to buy Bitcoin and Ethereum to hedge against such a financial crisis. The renowned author declared that these crypto assets can ensure that investors get richer while the world gets poorer.

Robert Kiyosaki’s latest statement comes just a week after he announced selling $2.25 million worth of Bitcoin to fund new business ventures. However, he stated that he is still bullish on the flagship crypto and plans to use income from his new business ventures to accumulate more BTC.

“Biggest Crash In History” Is Starting

In another X post, Robert Kiyosaki stated that the biggest crash in history is underway and that it isn’t limited to the U.S., Europe, or Asia. The author further remarked that AI will wipe out jobs, which will consequently crash office and residential real estate.

As such, he reiterated that investors should buy more Bitcoin, Ethereum, gold, and silver. Kiyosaki added that the good news is that such a crash could make those who are prepared richer even while millions of people lose everything.

Notably, the author’s comments come amid a crash in the BTC and ETH prices as part of a broader crypto market decline. Bitcoin crashed to as low as $81,000 last week, while Ethereum is also trading below the psychological $3,000 level.

Interestingly, BTC is the only macro asset that is lagging at the moment, with gold, silver, and the stock market still rallying. This has raised concerns that the flagship crypto and the broader crypto market may already be in a bear market.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Boluwatife Adeyemi is a well-experienced crypto news writer and editor with a focus on macro topics, crypto policy and regulation and the intersection between DeFi and TradFi. He has a knack for simplifying the most technical concepts and making them easy for crypto newbies to understand. Boluwatife is also a lawyer, who holds a law degree from the University of Ibadan. He also holds a certification in Digital Marketing. Away from writing, he is an avid basketball lover, a traveler, and a part-time degen.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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