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Robert Kiyosaki: Market Crash Is a "Sale" for the Wealthy, Who Are Holding Cash to Buy the Dip in Gold, Silver, and Bitcoin
In the early hours of February 2nd, best-selling author of "Rich Dad Poor Dad" Robert Kiyosaki posted on his social platform X, comparing the financial market crash to an "asset discount sale," sparking widespread discussion in the market.
He gave an example that, like supermarkets such as Walmart offering promotions, the poor tend to flock and scramble to buy; but during a "discount" market crash phase, the poor are usually panicked selling and fleeing in haste, while the wealthy seize the opportunity to buy heavily.
Kiyosaki stated that the gold, silver, and Bitcoin markets are experiencing a crash, which means assets are entering a "discount sale" phase; he also revealed that he currently holds cash, waiting for the right moment to increase his positions in gold, silver, and Bitcoin.
It is worth noting that Kiyosaki is known for his bearish views on fiat currency and his admiration for hard assets. This time, he describes the asset price decline caused by panic selling as a "discount sale," implicitly suggesting that the current correction phase in gold, silver, and Bitcoin is a good entry point for value investors.
Overall, amid the record-breaking liquidation and sharp decline in the crypto market, and the low sentiment in gold and silver, opinions from figures like Kiyosaki not only add new focal points for market discussion but also bring their contrarian investment logic back into the spotlight.
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