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Why A Stock Market Crash Would Be Good for Ethereum
Stock Market Crash As per the predictions from numerous analysts, a stock market crash could be nearer than projected. Leading this narrative is the “Rich Dad Poor Dad” author Robert Kiyosaki. He is advising investors to hedge their investments with alternative financial assets such as commodities and cryptocurrencies such as Ethereum. As a leading cryptocurrency, Ethereum is likely to be a big beneficiary if this happens. Stock market crashes are not new in the financial world with the latest being in the 2017/2018 Financial crisis. Most crashes emerge due to factors such as inflation, liquidity, and weak regulations. However, I would sum all these triggers as greed. Cryptocurrencies The main…
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The Looming Stock Market Crash, Get Ready.
Introduction The looming stock market crash rumors have been circulating for a while now. Various industrial leaders are projecting the inevitability of this happening. To understand whether there is a possibility, we need to evaluate the facts. The reason why investors fear a crash is due to the magnitude of destruction it causes. One of the leaders warning about a possible stock market crash soon is the renowned Robert Kiyosaki. Kiyosaki is the author of the famous book “Rich Dad Poor Dad” which has been a best seller with over 40 million copies. Kiyosaki is advising people to divest from stock positions and hedge in assets such as Gold, Bitcoin,…