Famed bestselling author Rich Dad Poor Dad Robert Kiyosaki has urged investors to get into crypto now, predicting that the biggest economic crash in world history is imminent. “Now is the time to get into crypto,” he emphasized.
Robert Kiyosaki says now is the time to buy crypto
Rich Dad Poor Dad author Robert Kiyosaki reportedly told subscribers to his Rich Dad Community mailing list on Sunday that they need to get into crypto now before the biggest crash in world history happens.
Rich Dad Poor Dad is a 1997 book 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 in more than 109 countries.
Kiyosaki repeated his dire predictions to his mailing list subscribers, writing:
I predict that the biggest crash in world history is imminent.
While the famous author has warned of a protracted downturn, he stressed that bear markets are the best times for investors to get rich as everything will be for sale. His advice echoed his tweet in July when he said his favorite four-letter word was “sell.” The famed author stated that asset prices are plummeting and he is “in a liquid position waiting for bargains, particularly in real estate and bitcoin.”
Kiyosaki also warned that the US dollar will plummet, leading to mainstream adoption of cryptocurrencies that are not controlled by governments. Noting that the Federal Reserve and Treasury Department are destroying the US dollar, he has repeatedly said he does not trust the administration, President Joe Biden, Treasury Secretary Janet Yellen, the Federal Reserve and Fed Chair Jerome Powell. He doesn’t trust Wall Street either.
The renowned author emphasized:
It’s not enough to WANT to get into crypto… Now is the time you MUST get into crypto ahead of the biggest economic crash in history.
Kiyosaki also frequently shared his predictions and investment advice on Twitter.
He tweeted on Tuesday that it was “Time for [the] poor to get rich,” adding that stocks, bonds, mutual funds, exchange-traded funds (ETFs) and real estate are all crashing. He found that the middle class would be wiped out as he previously predicted. His latest tweet is similar to another tweet he made in August when he warned that all markets are crashing. At the time, he also named the silver and bitcoin markets among those he expects to crash.
Kiyosaki has been recommending Bitcoin to investors for quite some time, stating that he’s waiting several months for the cryptocurrency’s price to bottom before jumping into 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 cryptocurrency.
Besides BTC, the author of Rich Dad Poor Dad recommended gold and silver. He also said in August that he had changed his mind about buying two-year Treasuries after listening to economist Harry Dent. “I don’t invest in things printed by the Fed or Wall Street. Time to open up,” he admitted.
On Tuesday, he tweeted: “Silver is moving sideways. Silver stays at $20 for 3-5 years and then goes up to $100-$500. Everyone can even afford silver [the] Poor. Collect silver now.” Kiyosaki used to call silver today’s best investment value.
What do you think of Robert Kiyosaki’s advice on buying cryptocurrencies now? Let us know in the comment section below.
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