Robert Kiyosaki Sees Bitcoin Crash as a Buying Opportunity
Robert Kiyosaki is urging investors to take advantage of Bitcoin's latest decline, calling it a prime buying opportunity amid broader market turmoil.
The well-known author of Rich Dad Poor Dad pointed to sharp drops across stocks, bonds, real estate, and commodities, describing them as assets going “on sale.”
Bitcoin’s decline, which saw the cryptocurrency fall below $92,000, comes in the wake of new tariffs imposed by US President Donald Trump. The administration introduced steep levies on imports from Canada, Mexico, and China, sparking fears of a deepening trade war. The resulting market instability triggered over $2 billion in crypto liquidations, with analysts warning that escalating trade tensions could significantly impact global markets.
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Market Reaction and Trade War Fallout
- Bitcoin’s Decline: The cryptocurrency slipped 4.3% between Sunday and early Monday, with a slight recovery to $95,810.
- Tariff Impact: Trump’s new import taxes are expected to affect $1.3 trillion in trade, raising costs for US businesses and consumers.
- Stock Market Losses: The US market has shed over $1.5 trillion in value, with nearly half of all imports facing tariffs.
- Investor Sentiment: Experts warn that growing stagflation concerns and recession risks could further pressure risk assets.
Kiyosaki’s Take on the Market Downturn
Despite the chaos, Kiyosaki remains optimistic. He sees the crash as a golden chance for investors willing to buy during downturns. He has long warned of market volatility and believes these cycles create opportunities for those who act strategically.
His advice aligns with his investment philosophy—buy when fear dominates, sell when euphoria takes over.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
