Robert Kiyosaki Urges Investors To Get Into Crypto Now Ahead Of Biggest Financial Crash In World History – Finance Bitcoin News

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has urged investors to get into crypto now, predicting that the biggest financial crash in the history of the world is coming. “Now is the time you need 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 the “Rich Dad Community” mailing list on Sunday that they need to get into crypto now, before the biggest crash in world history occurs.

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:

I predict that the biggest crash in world history is coming.

While the noted author has warned of a prolonged downturn, he emphasized that bear markets are the best times for investors to get rich as everything will be on sale. His advice echoed his tweet in July when he said his favorite four-letter word is “sales.” The famous author explained that asset prices are crashing and he is in a “cash position waiting to make bargains, especially in real estate and bitcoin.”

Kiyosaki also warned of the US dollar crashing, leading to mainstream acceptance of cryptocurrencies that are not controlled by governments. Noting that the Federal Reserve and Treasury are destroying the US dollar, he repeatedly said he does not trust the government, 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 NEED to get into crypto, before the biggest financial crash in history.

Kiyosaki also frequently shared his predictions and investment advice on Twitter.

He tweeted on Tuesday that it is “time for [the] poor to get rich” adding that stocks, bonds, mutual funds, exchange traded funds (ETFs) and real estate are crashing. He noted that the middle class is being 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 mentioned silver and bitcoin markets among those he expects to crash.

Kiyosaki has been recommending bitcoin to investors for quite some time, stating for months that he is waiting for the price of the cryptocurrency to bottom out before entering. After revealing that he was waiting for BTC to test $1,100, he said in July that he was in a cash position and was waiting to buy the cryptocurrency.

Besides BTC, the Rich Dad Poor Dad author has recommended gold and silver. He also said in August that he 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 print. Time to open my mind,” he admitted.

On Tuesday he tweeted: “Silver is moving sideways. Silver to stay at $20 for 3-5 years, then climb to $100 to $500. Everyone can afford silver even [the] poor. Collect silver now.” Kiyosaki previously called silver the best investment value today.

What do you think of Robert Kiyosaki’s advice to buy cryptocurrencies now? Let us know in the comments section below.

Kevin Helms

A student of Austrian economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the intersection of finance and cryptography.