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Bitcoin: Biggest Crash Coming, Says Financial Advisor

Bitcoin: Biggest Crash Coming, Says Financial Advisor
  • Rich Dad Poor Dad author Robert Kiyosaki tweeted that BTC will fall to $24,000.
  • He called Bitcoin the greatest bubble in the world and stated he will buy more gold.
  • Earlier, he has urged investors many times to invest in Bitcoin during crashes.

Popular financial advisor and author of the best-selling book ‘Rich Dad Poor Dad’ tweeted comments on the Bitcoin Crash on Tuesday, predicting that it will fall further to $24,000.

In the tweet, he called Bitcoin the greatest bubble in the history of the world, which will now have the greatest crash in the history of the world as per him. Advising his followers to take care and treat the crash as an opportunity to get rich. He also added that he will buy more gold and silver.

Robert Kiyosaki has been making predictions about Bitcoin for a long time now. Back in April, he appeared in an interview with Kitco news where he said,

“Bitcoin is still untested. But I have the wherewithal to withstand the hit if it goes down. But I love gold and silver, gold and silver are God’s money. I’ve traveled the world looking for this stuff”.

He’s also urged investors in interviews and tweets to buy Bitcoin in crashes multiple times.

Famed for his personal financial management book, ‘Rich Dad Poor Dad’, which urges people to have financial literacy and be on the lookout for profit opportunities, Kiyosaki has built quite a reputation for giving good financial advice. He’s also been commenting on cryptocurrencies for some time now, even coming out with a free ebook to help investors navigate the market.

Now, however, it seems that he’s taking a step back from Bitcoin altogether, even reducing his earlier prediction of BTC’s price falling to $27,000 to $24,000. His latest tweet has no call to action for buying crypto, or Bitcoin. Instead, he tells followers that he’s buying more silver and gold. Feels like his on-again-off-again affair with Bitcoin might be coming to an end.

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Lisa is excited about all things tech. She devotedly follows blockchain and crypto updates, sharing her passion through writing about it. She is a regular contributor for cryptocurrency news and articles.