Robert Kiyosaki Urges Investors to Get Into Crypto Now, Before Biggest Economic Crash in World History – Economics Bitcoin News

Robert Kiyosaki (the famous author Rich Dad Poor Dad), has encouraged investors to start investing in cryptocurrency. His prediction of the worst economic crisis is imminent. “Now is the time you need to get into crypto,” he stressed.

Robert Kiyosaki says now is the time to buy crypto

The author of Rich Dad Poor Dad, Robert Kiyosaki, reportedly told his “Rich Dad Community” mailing list subscribers Sunday that they need to get into crypto now, before the biggest crash in world history hits.

Rich Dad Poor Dad, a book by Sharon Lechter (1997). For six consecutive years, it has been a New York Times Best Seller List. The book has been translated into more than 51 languages in more than 109 different countries.

Kiyosaki reiterated his dire forecasts to subscribers of his mailing list.

The greatest crash in human history will be here, I believe.

The famous author warned that there would be a prolonged downturn but emphasized that bear market times are the best time for investors to become rich because everything is on sale. His advice echoed his tweet in July when he said his favorite four-letter word is “sale.” The famous author explained that asset prices are crashing and he is in a “cash position waiting to pick up bargains, especially in real estate and bitcoin.”

Kiyosaki also stated that the U.S. dollars are crashing and that cryptocurrencies which aren’t controlled by governments will be accepted mainstream. He repeatedly stated that he doesn’t trust President Joe Biden and Treasury Secretary Janet Yellen and that the Federal Reserve is destroying the U.S. Dollar. He does not believe Wall Street.

This is what the renowned author stressed:

It’s not enough to WANT to get into crypto … Now is the time you NEED to get into crypto, before the biggest economic crash in history.

Kiyosaki frequently posted his forecasts and investment advice via Twitter.

He tweeted 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. As he had predicted, the middle class was being decimated. He resembled a tweet he sent in August, when he predicted that all the markets would crash. He also mentioned silver and bitcoin as markets he expected to crash at that point.

Kiyosaki recommends bitcoin to investors since a while. For several months, he stated that he was waiting for Bitcoin to drop to $1,100 to buy it. In July, Kiyosaki revealed that he was still waiting for BTC’s $1,100 test to confirm his belief. He then stated in August that he is in cash and waiting to get the cryptocurrency.

BTC is not the only currency that Rich Dad Poor Dad recommends. He also suggests gold and silver. In August, he said that he had changed his mind after hearing economist Harry Dent. “I don’t invest in things Fed or Wall Street print. Time to open my mind,” he conceded.

On Tuesday, he tweeted: “Silver moving sidewards. For the next 3-5 years silver will remain at $20, and then it will rise to $100-500. Everyone can afford silver even [the] poor. Accumulate silver now.” Kiyosaki previously called silver the best investment value today.

What do you think about Robert Kiyosaki’s advice on buying cryptocurrencies now? Please comment below.

Kevin Helms

Kevin is a graduate of Austrian Economics. He discovered Bitcoin in 2011, and has been an advocate ever since. His main interests are in Bitcoin security, open source systems, network effects, cryptography, and intersections between economics, cryptography, and Cryptography.

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