Recently, the crypto market has just eased from the pressure of capital withdrawals from spot ETFs, but outside the circle, attention-worthy voices are emerging. The legendary investor Jim Rogers, who accurately predicted the 2008 subprime crisis, recently stated that a "worst global financial crisis in history" will erupt in 2026, with severity potentially surpassing 2008 and approaching the Great Depression of 1929.

Many people instinctively dismiss such predictions as "fear-mongering," but if you've been involved in the crypto space, especially through the significant correction in 2022, you'll understand how important these systemic risk warnings are. The crypto market acts like a magnifying glass for macroeconomics; when cracks appear in the global financial system, digital assets often sense it first. 100x leverage might be a wealth-building tool in a bull market, but in a crisis, it can quickly become a catalyst for liquidation.

**Rogers' Record of Predictions**

This veteran investor doesn't speak casually. In 1998, he warned of the start of a super cycle in commodities; in March 2008, he directly recommended shorting financial stocks, ahead of the full-blown subprime crisis by half a year. His sensitivity to systemic risks is indeed exceptional.

Of course, he has also had missteps. In 2012, he was bearish on U.S. stocks, but the S&P 500 launched a decade-long bull run, rising over 200%; in 2016, he predicted the renminbi would depreciate by 50%, but it only fell 8%. This shows a reality: his sense of big trends is top-notch, but pinpointing exact moments is often very difficult. Rogers himself admits, "Markets can delay until they make you question your life."

**What to Expect This Year**

Come to think of it, his recent prediction is definitely worth engraving in the minds of crypto enthusiasts. Global debt levels, geopolitical risks, interest rate policy adjustments... all these variables are brewing. Instead of blindly optimistic, crypto participants should think ahead: if a crisis really hits, how much volatility can your positions withstand? Are your leverage levels reasonable? Are your stablecoin reserves sufficient?

The smartest approach has never been to bet on whether predictions are accurate, but to survive longer in any market environment. Reduce risks when needed, diversify when necessary—don't wait until the tide recedes and you realize you’re not even wearing pants.