Robert Kiyosaki, the bestselling author of “Rich Dad Poor Dad”, predicted the “biggest crash” in world history. He also expects the price of bitcoin to fall to the $ 24,000 level.
Robert Kiyosaki predicts biggest crash in history to come
Famous author and investor Robert Kiyosaki predicted that the biggest crash in world history was on its way.
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 more than 51 languages in more than 109 countries.
Kiyosaki tweeted on Friday:
The biggest bubble in the history of the world is growing. The biggest crash in the history of the world to come. Buy more gold and silver. Until bitcoin drops to $ 24,000. Best time to get rich crashes.
However, Kiyosaki did not explain how he designed his BTC price prediction.
When the price of bitcoin began to drop significantly in May, the author of Rich Dad Poor Dad urged people to buy the drop. “I hear ‘I can’t afford bitcoin”. Bitcoin crashes, good news. Now is your chance. Educate yourself. Buy coins that outperform bitcoin for pennies. Stop whining and act, ” he advised at the time.
When the BTC the price fell to the $ 37,000 level on May 30, Kiyosaki tweeted, “Bitcoin is crashing. Good news. When the price reaches $ 27,000, I can start buying again. Much will depend on the overall macro environment. He stressed: “Remember, the problem is not gold, silver or bitcoin. The problems are the incompetent ones in the government, the Fed and Wall Street. “
Kiyosaki has long been pro-bitcoin. He thinks the US dollar is dying as the government continues to give people free money. “Don’t register. Buy gold, silver, bitcoin. The dollar is dying,” he said in April of last year.
While the famous author expects the price of bitcoin to drop to the $ 24,000 level in his most recent tweet, he is bullish on the cryptocurrency for the long haul. He said in April this year that the price of BTC will hit $ 1.2 million in five years, noting that government printing of money, excessive stimulus measures and the devaluation of the US dollar have given bitcoin and gold their appeal.
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