Author of “Rich Dad Poor Dad” Robert Kiyosaki Recently, he warned once again in an environment where concerns about bank failures and economic instability have increased. In his post on his social media account, Kiyosaki emphasized the importance of financial preparation and compared the current economic situation to a school where individuals must learn how to navigate turbulent times.
Kiyosaki’s warning comes amid worrying data showing unrealized losses on securities held by US banks have reached record levels came. The recent collapse of New York Community Bancorp has further raised fears about the stability of the banking industry.
BAIL OUT, BAIL OUT, BAIL OUT: In US Navy Flight School, student pilots learn how to fly and how to crash their plane. Financial losers will lose money because they do not know what to with their money as banks fail and world economy crashes. For many years I have warned, “Buy…
— Robert Kiyosaki (@theRealKiyosaki) February 8, 2024
NEWS CONTINUES BELOW
In the face of these developments, leading names in the financial sector Bitcoin He began to advocate alternative assets such as. ARK Invest’s Cathie Wood predicts that Bitcoin will gain popularity during banking crises and surpass gold in inflows. BitMex’s former CEO, Arthur Hayes, emphasized the potential for more bank failures and the response of the Federal Reserve, suggesting that such events could trigger a rally in Bitcoin prices.
$1 Million For Bitcoin
Koinfinans.com As we reported, Kiyosaki, who has been warning about declines in the markets for a long time, argues that assets such as gold, silver and Bitcoin are important protection tools against economic turmoil. He predicts that if traditional markets stall, there will be significant increases in the value of these assets. Additionally, Kiyosaki predicts that Bitcoin will reach unprecedented highs, reaching $120,000 in 2024 and even $500,000 early next year. He estimates that in case of global economic instability, Bitcoin could rise to $1 million.
As uncertainties surround the financial landscape, Robert Kiyosaki’s suggestion of BTC as a parachute in turbulent times resonates with many investors looking to protect their wealth against potential crises.
