Famed author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to get into crypto now, predicting that the biggest economic crash in world history is coming. “Now is the time to get into crypto“, he stressed.
Robert Kiyosaki says now is the time to buy crypto-currencies.
Rich Dad Poor Dad author Robert Kiyosaki reportedly told subscribers to his community “Rich Dad Community” on Sunday that they should get into crypto-currencies now, before the biggest crash in world history occurs.
2008 was great time to get rich. Everything went on sale. Borrowed millions of dollars buying real estate bargains. 2013 I published Rich Dads Prophecy predicting BIGGER crash coming. THAT CRASH is HERE. Millions will be wiped out. Pls do not be one of them. Time you get richer.
– therealkiyosaki (@theRealKiyosaki) August 28, 2022
Rich Dad Poor Dad is a book published in 1997 and co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times bestseller list for over six years. More than 32 million copies of the book have been sold in over 51 languages and in more than 109 countries.
Reiterating his dire predictions to his mailing list subscribers, Kiyosaki wrote:
I predict that the greatest crash in the history of the world is coming.
While the famous author warned of a long recession, he stressed that bear markets are the best time for investors to get rich because everything will be on sale. His advice echoes his July tweet, in which he said his favorite four-letter word was “sale“. The famous author explained that asset prices are collapsing and that he is in “cash position waiting to pick up bargains, especially in real estate and bitcoin.“
Robert Kiyosaki also warned that the U.S. dollar is collapsing, leading to the general public’s acceptance of crypto-currencies that are not controlled by governments. Noting that the Federal Reserve and the Treasury are destroying the U.S. dollar, he repeatedly said he doesn’t trust the government, President Joe Biden, Treasury Secretary Janet Yellen, the Federal Reserve and Fed Chairman Jerome Powell. He also doesn’t trust Wall Street.
Robert Kiyosaki noted:
It’s not enough to WANT to get into crypto… It’s now that you MUST get into crypto, before the biggest economic crash in history.
Kiyosaki has also frequently shared his predictions and investment advice on Twitter.
He tweeted Tuesday that he is “time for investment“. “To the poor to get rich“, adding that stocks, bonds, mutual funds, exchange-traded funds (ETFs) and real estate are collapsing. He noted that the middle class is being wiped out as he predicted. His latest tweet resembles another tweet he made in August when he warned that all markets were crashing. At the time, he also listed the silver and bitcoin markets among those expected to collapse.
TIME FOR POOR TO GET RICH. Stocks, bonds, mutual funds, ETFs & real estate crashing. As PREDICTED Middle class being wiped out. Silver moving sidewards. Silver to stay at $20 for 3-5 years, then climb to $100 to $500. Everyone can afford silver even poor. Accumulate silver now.
– therealkiyosaki (@theRealKiyosaki) September 13, 2022
Kiyosaki has been recommending bitcoin to investors for some time, stating for several months that he is waiting for the crypto-currency’s price to bottom out before entering it. After revealing that he was waiting for BTC to test $1,100, he said in July that he was in a cash position waiting to buy the crypto-currency.
In addition to BTC the author of Rich Dad Poor Dad recommended gold and silver. He also said in August that he changed his mind about buying 2-year U.S. Treasuries after listening to economist Harry Dent. “I don’t invest in things that the Fed or Wall Street prints. It’s time to open my mind“, he conceded.
On Tuesday, he tweeted, “Silver is moving sideways. Silver will stay at $20 for 3-5 years, then climb to $100 or $500. Everyone can afford money, even the poor. Accumulate money now“. Kiyosaki previously called silver the best investment value today.