Robert Kiyosaki is the famous author of Rich Dad Poor Dad. He has advised investors to invest in crypto. He predicts that there will be the largest economic crash since recorded history. He stressed that "now is the right time to get into crypto."
Robert Kiyosaki: Now is the Right Time to Buy Crypto
Robert Kiyosaki (author of Rich Dad Poor Dad) reportedly advised his subscribers to his "Rich Dad Community", mailing list, Sunday, that crypto must be taken seriously now before the worst crash in history.
Rich Dad Poor Dad was co-authored in 1997 by Sharon Lechter and Kiyosaki. For six years, it has been on The New York Times Best Sellers List. The book has been translated into more than 51 languages in more than 109 different countries.
Kiyosaki reiterated his dire predictions to his subscribers to his mailing list.
I see the greatest crash in world history coming.
Although the author warned of a long downturn, he said that bear markets were the best time for investors to make it big because everything will be on sale. He repeated his July tweet, in which he stated that asset prices were crashing and that he was in a cash position to grab bargains, particularly in bitcoin and real estate.
Kiyosaki warned that the U.S. Dollar is in danger and that cryptocurrencies not controlled by governments will soon be accepted. He repeatedly stated that he doesn't trust the Federal Reserve or the Treasury, President Joe Biden, Treasury Secretary Janet Yellen and Jerome Powell, Fed Chair, when he said that the Federal Reserve is destroying the U.S. Dollar. He doesn't trust Wall Street.
This is what the renowned author stressed:
It doesn't suffice to want to get into cryptocurrency. You must now get in crypto before the worst economic crash of history.
Kiyosaki shared frequently his predictions and investment advice via Twitter.
He tweeted Tuesday, "Time for the poor to get rich", adding that stocks and bonds, mutual funds, ETFs, exchange-traded fund (ETFs) and real estate are all in danger of collapsing. He also noted that the middle classes is being decimated, as he had previously predicted. He retweeted the same message as he did in August, when he warned that all market are going to crash. He also mentioned silver and bitcoin markets as among the ones he expected to crash at that time.
Kiyosaki is a long-time bitcoin advocate. He has stated for many months that he waits for the price to drop before recommending it to investors. He stated that he was still waiting for BTC test $1,100 and that he was now in cash position to purchase the cryptocurrency.
BTC is not the only currency that Rich Dad Poor Dad recommends. He also recommends gold and silver. In August, he said that he had changed his mind after hearing economist Harry Dent. "I don’t invest in Wall Street or Fed print. He agreed.
He tweeted Tuesday: "Silver moving in the opposite direction. Silver will remain at $20 for the next 3-5 years and then rise to $100-500. Everybody can afford silver, even the poor. "Accumulate silver now" Kiyosaki once called silver the best investment today.
What did Robert Kiyosaki say about his advice to buy cryptocurrencies now? Comment below to let us know your thoughts.
By: Kevin Helms
Title: Robert Kiyosaki Urges Investors to Get Into Crypto Now, Before Biggest Economic Crash in World History
Sourced From: news.bitcoin.com/robert-kiyosaki-urges-investors-to-get-into-crypto-now-before-biggest-economic-crash-in-world-history/
Published Date: Wed, 14 Sep 2022 01:30:04 +0000
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