Kiyosaki's Warning: "Massive Crash in 2028, Accumulate Bitcoin and Ethereum"

▲ Bitcoin (BTC), Ethereum (ETH) ©Godasol

Robert Kiyosaki, the author of the bestseller "Rich Dad Poor Dad," has named Bitcoin (BTC) and Ethereum (ETH) as key safe havens for accumulating wealth amidst an impending massive economic crisis, drawing significant market attention.

According to crypto media outlet Finbold on May 6 (local time), Kiyosaki recently warned that the upcoming crisis could escalate into a new Great Depression, emphasizing the need to lay a solid foundation to protect one's financial future in a turbulent global economic environment.

He reiterated his long-held investment philosophy, asserting that accumulating top cryptocurrencies like Bitcoin and Ethereum, along with traditional safe assets such as gold and silver, is an excellent choice. However, his exclusion of Solana (SOL), which he had consistently recommended for investment in recent years, left a peculiar impression.

Kiyosaki also strongly criticized blind faith in traditional pension systems. He referred to his own books, which were ignored by Wall Street, stating that he had predicted the retirement catastrophe for the Baby Boomer generation as early as 1974. He specifically pointed out that the blind long-term investment practices championed by this generation were the main culprits behind the irrational surge in stock market values and subsequent bubbles.

This pessimistic view perfectly aligns with that of Michael Burry, the real-life protagonist of the movie "The Big Short" and a legendary trader. Burry's analysis suggests that the expansion of passive investment products, including index funds, has created a terrible time bomb, and a historic market collapse will begin the moment a massive sell-off to secure retirement funds overwhelms market buying pressure.

Burry pinpointed 2028 as the starting point of a major catastrophe that will completely reverse the trajectory of the stock market. With the chilling warning that in the worst-case scenario, the collapse could halve global asset values, the advice from prominent investors to accumulate safe assets in preparation for an extreme market crash is gaining increasing weight.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*