The best-selling author of “Rich Dad, Poor Dad,” Robert Kiyosaki, has forecast a “giant stock market crash” in October. “Bitcoin may crash too,” he believes. The well-known author also expressed his thoughts on China’s anti-cryptocurrency crackdown.
Robert Kiyosaki, a well-known author and investor, has forecast a “giant stock market crash” in October, as well as a crash in gold, silver, and bitcoin. Kiyosaki and Sharon Lechter co-authored Rich Dad Poor Dad in 1997. For nearly six years, it has been on the New York Times Best Seller List.
The book has been sold in more than 109 countries and has been translated into 51 languages.
Saturday, Kiyosaki tweeted:
Kiyosaki has predicted the worst market meltdown in history. In June, he predicted that the “biggest crash” in history will occur because the “biggest bubble” in history was “getting bigger.” He recommended buying additional gold, silver, and bitcoin at the moment.
In August Kayosaki stated that:
Further he added that:
Following reports of China’s crackdown on Bitcoin on Friday, the author of Rich Dad Poor Dad tweeted:
Some people agreed on what Kayosaki has mentioned in his statement and reacted accordingly.
While some mocked him over his financial knowledge.
For a long time, Robert has been championing the advantages of cryptocurrencies, notably Bitcoin.
He’s also a significant influencer, pushing businesses to buy the dip when Bitcoin’s price fell below $40,000. As a result, it’s no surprise that he thinks Bitcoin has the best long-term growth prospects.
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