The author of the bestselling book “Rich Dad Poor Dad” believes that the main cryptocurrency, along with gold and silver, will help market participants get through difficult times.
Bestselling author of Rich Dad Poor Dad Robert Kiyosaki warned investors about the biggest crash in history and advised them to buy more bitcoin, gold and silver.
According to Kiyosaki, this will help him get through the tough times. Now is the best time to prepare for the crash, Kiyosaki added.
The best time to prepare for a crash is before the crash. The biggest crash in world history is coming. The good news is the best time to get rich is during a crash. Bad news is the next crash will be a long one. Get more gold, silver, and Bitcoin while you can. Take care.
— therealkiyosaki (@theRealKiyosaki) June 28, 2021
At the end of May, Kiyosaki predicted that the cost of bitcoin would drop to $ 27 thousand. Kiyosaki claimed that after that he plans to start buying the main cryptocurrency.
Bitcoin crashing. Great news. When price hits $27,000 I may start buying again. Lot will depend upon global-macro environment. Remember the problem is not gold, silver, or Bitcoin. Problem are the incompetents in government, Fed & Wall Street. Remember gold was $300 in 2000.
— therealkiyosaki (@theRealKiyosaki) May 30, 2021
The author of the book “Rich Dad Poor Dad” regularly tweets about the economic collapse, which, in his opinion, will be triggered by measures to support the US economy. On June 19, Kiyosaki announced that the largest bubble in world history is getting bigger, and also predicted a drop in Bitcoin to $ 24 thousand.
Biggest bubble in world history getting bigger. Biggest crash in world history coming. Buying more gold and silver. Waiting for Bitcoin to drop to $24 k. Crashes best time to get rich. Take care.
— therealkiyosaki (@theRealKiyosaki) June 19, 2021
On June 22, the rate of the main cryptocurrency for the first time since January of this year dropped to $ 28.8 thousand.
This happened against the backdrop of negative news from China, where on the eve of local financial institutions, including the largest banks and the Alipay payment system, were banned from participating in operations with cryptocurrencies.
In March of this year, the writer criticized the measures to support the US economy by $ 1.9 trillion. Kiyosaki argued that “helicopter money” would make the underprivileged and the middle class poorer.
“Millions of people are very happy that the government has passed a $ 1.9 trillion stimulus package. Who would not be happy to receive money for free. The problem is that this kind of money makes the poor and the middle class poorer. Buy more gold, silver and bitcoin, ”explained Kiyosaki.
In mid-December 2020, he correctly predicted the growth of the cryptocurrency rate to $ 50 thousand. The writer said that he had invested in an asset at a price below $ 20 thousand and explained the likely rise in price of the asset by the influx of institutional investors into the digital asset market.
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