Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted the “biggest crash” in world history. He also expects the price of bitcoin to fall to the $24K level.
Famous author and investor Robert Kiyosaki has predicted that the biggest crash in the history of the world is on the way.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been 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 across more than 109 countries.
Kiyosaki tweeted Friday:
Biggest bubble in world history getting bigger. Biggest crash in world history coming. Buying more gold and silver. Waiting for bitcoin to drop to $24K. Crashes best time to get rich.
However, Kiyosaki did not elaborate on how he came up with his BTC price prediction.
When the price of bitcoin began falling substantially in May, the Rich Dad Poor Dad author urged people to buy the dip. “I hear ‘I can’t afford bitcoin.’ Bitcoin is crashing, good news. Now is your chance. Get educated. Buy coins that outperform bitcoin for pennies. Stop whining and take action,” he advised at the time.
When the BTC price fell to the $37K level on May 30, Kiyosaki tweeted: “Bitcoin crashing. Great news. When the price hits $27,000, I may start buying again. A lot will depend upon the global-macro environment.” He emphasized: “Remember the problem is not gold, silver, or bitcoin. Problems are the incompetents in government, Fed & Wall Street.”
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