Investing.com – Investors are approaching a catastrophic market crash and should turn to cryptocurrencies under such conditions. This was stated by entrepreneur, investor and author of the book “Rich Dad Poor Dad” Robert Kiyosaki.
“I predict the biggest accident in the history of the world is coming,” says Kiyosaki (Citation for Business Insider).
The financial guru predicts a long recession, but reiterates his view that bear markets are the best time for investors to close deals and make huge profits.
Furthermore, in his view, the US dollar will destroy the existing economic system, which will lead to the mass adoption of the cryptocurrency, as it is not controlled by the government.
“Now is the time to enter the cryptocurrency industry, before the biggest economic crash in history,” he added.
However, Kiyosaki called it a useless cryptocurrency.
“I trade BTC. But I don’t think it has any value. I’m just playing, “added the businessman.