The book got listed on the New York Times Best Sellers List for almost six years.
The author intends to acquire BTC when the market is at its lowest point.
Robert Kiyosaki emphasized this week that he is holding off on buying bitcoin until asset values drop, adding that he believes “the Greatest Sale on Earth” is approaching. Kiyosaki and Sharon Lechter co-wrote Rich Dad, Poor Dad in 1997. The book got listed on the New York Times Best Sellers List for almost six years. In over 51 languages, the book has sold more than 32 million copies.
The author tweeted:
“The asset bubble found its needle and prices began to collapse. I am waiting in cash for asset purchases at bargain prices, especially #Bitcoin and real estate. Fed is dead… Don’t miss the biggest cheap price opportunity in the world. Take care of yourselves”
Biggest Crash in World History
Rising interest rates have also started raising mortgage rates and reducing house demand. On several occasions, Kiyosaki has issued dire warnings regarding asset bubbles and market crashes. According to him, we’re in the “biggest bubble in world history,” which includes stock, commodity, oil, futures, and bitcoin bubbles.
He predicted the “biggest crash in world history” in June of last year when he declared the greatest bubble in history was becoming larger. For some time, the well-known author has been waiting to purchase bitcoin. Several times, he has said that he intends to acquire BTC when the market is at its lowest point.
He stated he was holding out for a price of $24K to purchase the biggest cryptocurrency while it was going for about $35K. His prediction came at a time when the price of bitcoin was hovering around $30K in May. According to him, it’s only when bitcoin “tests” $1,100 that he’ll purchase it.