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Rich and Poor Dad author urges his followers to buy BTC as biggest market crash begins

Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, on August 29, told all his followers via tweet that the time to get rich is now, as the most significant market crash predicted earlier is now here.

According to Robert Kiyosaki, the market’s most difficult time lies ahead. In the tweet, Robert Kiyosaki mentioned the book titled “Rich Dad Prophecy”, published in 2013, in which Robert predicted a market crash even worse than the 2008 financial crisis.

As per Kiyosaki, the market crash which he was talking about in the book “Rich Dad Prophecy” is officially here. The most telling sign that the market is heading towards a crash is the millions that will be cleared out in the foreseeable future.

Moreover, Kiyosaki encourages investors to get rich instead of blaming them for losing money.

Kiyosaki, a real estate tycoon, and precious metals investor, remains an outspoken supporter of BTC and has recently begun to advise people to purchase the benchmark cryptocurrency. In an earlier tweet, Kiyosaki recommends to investors that in order to become rich, they start by changing their mindset.

Moreover, August has seen new concerns over the coming condition of the worldwide economy. The US Federal Reserve, for example, has doubled down on its goal of aggressively raising interest rates to tamp down inflation.

Meanwhile, inflation in the UK has touched double-digits at 10.1%, now at a 40-year high, marking it the first time the economy recorded double-digit inflation post-coronavirus.

Worries over a deeper drawdown became widespread when the BTC slipped below the $20,000 mark in the last week. After going through a price fall in recent months, currently, the market capitalization of the global crypto market is below $1 trillion, which is 60% short of its $3 trillion mark last November.

After the recent drawdown in crypto prices, the following couple of days will provide investors with a clear view of the crypto price direction. In the end, nobody can predict the future price of the cryptocurrency. Kiyosaki said that I recommend we focus on the forthcoming Ethereum Merge, which will upgrade its basic blockchain consensus protocol, as that somehow appears more appealing these days.

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