Kiyosaki Suggests Bitcoin May Offer Resilience Amid Potential Economic Downturn and New 401(k) Investment Options

BTC

BTC/USDT

$95,691.69
-0.89%
24h Volume

$23,430,404,439.32

24h H/L

$97,193.34 / $95,134.48

Change: $2,058.86 (2.16%)

Long/Short
57.4%
Long: 57.4%Short: 42.6%
Funding Rate

+0.0028%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$95,691.70

0.09%

Volume (24h): -

Resistance Levels

Resistance 3$107,274.70
Resistance 2$102,181.47
Resistance 1$97,033.03
Price$95,691.70
Support 1$95,503.07
Support 2$92,927.91
Support 3$91,475.27
Pivot (PP):$95,696.89
Trend:Uptrend
RSI (14):64.3
(08:08 AM UTC)
3 min read

Contents

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  • Kiyosaki believes financial planners mislead clients about market safety.

  • He has been accumulating Bitcoin, gold, and silver as protective assets.

  • Bitcoin recently surged, reclaiming the $117,000 level before slightly rolling back.

Robert Kiyosaki warns of an impending Great Depression, asserting that Bitcoin is a safe haven for investors. Learn more about his insights.

Asset Current Value Market Outlook
Bitcoin $116,860 Positive

What is Robert Kiyosaki’s prediction about the next Great Depression?

Robert Kiyosaki predicts that a new Great Depression is imminent, claiming that only Bitcoin holders will survive the upcoming market crash. He emphasizes that traditional investments are not safe during economic turmoil.

How does Kiyosaki view traditional financial advice?

Kiyosaki criticizes financial planners for misleading clients about the safety of bonds and stocks. He argues that there is no safety in a market crash and advises investors to consider alternative assets like Bitcoin and gold.


Frequently Asked Questions

What should investors do during a market crash?

Investors are advised to consider alternative assets like Bitcoin, gold, and silver, as traditional markets may not provide safety during economic downturns.

How has Bitcoin performed recently?

Bitcoin recently surged to approximately $117,000 before slightly rolling back, indicating a positive market sentiment among investors.


Key Takeaways

  • Kiyosaki’s Warning: A new Great Depression is on the horizon.
  • Investment Strategy: Diversifying with Bitcoin and gold is recommended.
  • Market Trends: Bitcoin’s recent performance shows resilience amid uncertainty.

Conclusion

In summary, Robert Kiyosaki’s insights highlight the potential risks of traditional investments during economic downturns. He advocates for Bitcoin as a viable alternative, urging investors to prepare for the challenges ahead. Staying informed and diversifying assets may provide a safety net in these uncertain times.


JM

James Mitchell

COINOTAG author

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