Kiyosaki is known for its forecasts on economic crises and financial collapses.
Recently, the author lamented by those who have not yet invested in BTC.
Robert Kiyosaki, renowned author of the bestseller Rich father, poor fatherhas made a publication in which it warns of an imminent economic collapse that will impact assets such as gold, silver and bitcoin (BTC).
In his July 20 message, the businessman described these markets as “bubbles about to explode.” However, far from seeing it as a catastrophe, He considers it an opportunity to buy at reduced prices.
“If gold, silver and bitcoin prices collapse … I will buy,” sentenced Kiyosaki.
Although the specialist does not explicitly detail the reasons behind his opinion, it is possible to trace a history of comments in which he exposes his arguments about the US economy and markets, which helps to shed some more light on the matter.
On multiple occasions, he has carried out warnings based on indicators that he considers worrying, such as the increase in the national debt of the United States that, according to recent reports, would be about to overcome the 37 billion dollars.
For Kiyosaki, these signs suggest fragility in the financial system that could trigger a generalized correction.
It is worth noting that in an April publication, the author express His concern in this regard: “In 2025, credit card debt is in historical maximums, national debt also, unemployment is increasing, pension funds are losing value and retirement are being looted.” Before this panorama, An economic crisis as destructive as the great depression of 1929.
However, Kiyosaki did not appeal to paralyzing fear. Instead, he urged his followers to act intelligence, anticipate and prepare. In his opinion, the best way to do it is to take advantage of the possible fall to buy assets with potential.
The specialist maintains his recommendation because he is convinced that Bitcoin, silver and gold, as active considered scarce, They offer a much stronger value for the fragility of the traditional financial system. According to its analysis, once the crisis has been overcome, both precious metals and BTC will experience significant revaluation against inflation of Fíat money.
In fact, Kiyosaki’s perspective finds support in historical behaviors. For example, between 2011 and 2015, the price of gold fell 45%, going from a maximum of $ 1,920 per ounce to a minimum of $ 1,050.
However, those who bought at that point took advantage of the recovery that led to gold to exceed 2,070 dollars in 2020, almost doubling its value. The situation scale even more if we take into account that right now the price of metal is $ 3,341, which represents an increase of 218.2% compared to that minimum.
Likewise, Bitcoin suffered an 80% drop in 2018, falling from almost 20,000 to $ 3,200 and then climbing up to 69,000 in 2021 and retreating to 15,000 the following year. At the time of writing this article, Bitcoin quote about $ 118,000, after marking a historical maximum of $ 122,000 a week ago, which reflects a substantial rebound in recent years.
It should be noted that, although the writer groups gold, silver and bitcoin as scarce assets, there is a key difference between them. Unlike Bitcoin, whose total supply is limited to 21 million units and whose issuance is programmed and is verifiable through its protocol, in the case of precious metals there is no absolute certainty about its future availability.
Now, although Kiyosaki is optimistic about BTC’s long term, he also pointed out that Does not plan to make new purchases immediately. Last week he warned that he will be cautious with future investments until he has more clarity about the course of the economy.
To explain his position, he turned to an old financial motto: “Pigs fattening, but the greedy go to the slaughterhouse.” With this he wanted to express that, although he believes in Bitcoin’s potential, it is necessary to act prudence to avoid being a victim of the euphoria of the market.
As Cryptonotics reported, the author lamented by those who still did not invest in BTC, and recommended to start doing so with small quantities. This strategy reflects its conviction that, despite volatility, scarce assets such as Bitcoin will continue to gain value over time, in contrast to fiat money subject to constant inflation and devaluation.
