Famous author of the bestselling book Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to get into crypto now, predicting that the biggest economic crash in global history is coming. “Now is the time to get into crypto“, he pointed out.
Robert Kiyosaki says now is the time to buy cryptocurrencies.
Rich Dad Poor Dad author Robert Kiyosaki reportedly told subscribers in his community “Rich Dad Community“, Sunday, that they had to get into cryptocurrencies right 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 was on the New York Times Best Seller List for over six years. Over 32 million copies of the book have been sold in over 51 languages and in over 109 countries.
Reiterating his dire predictions to his mailing list subscribers, Kiyosaki wrote:
I predict the biggest crash in the history of the world is coming.
While the famous author warned of a long recession, he pointed out that bear markets are the best times 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 he is in “cash position waiting to pick up bargains, especially in real estate and bitcoin.”
Robert Kiyosaki also warned that the US dollar is collapsing, leading to mainstream acceptance of cryptocurrencies that are not controlled by governments. Noting that the Federal Reserve and the Treasury are destroying the US dollar, he has repeatedly said that he does not trust the government, President Joe Biden, Treasury Secretary Janet Yellen, the Federal Reserve and the President of Fed Jerome Powell. He doesn’t trust Wall Street either.
Robert Kiyosaki pointed out:
It’s not enough to WANT to get into crypto… You MUST get into crypto now, before the biggest economic crash in history.
Kiyosaki also frequently shared his predictions and investment tips on Twitter.
He tweeted on Tuesday that he is “time for investment“. “For 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 collapsing. At the time, he also cited the silver and bitcoin markets as 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, saying for several months that he waits for the cryptocurrency’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 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 2-year US 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: “Money moves 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 has previously called silver the best investment value today.