‘Rich Dad Poor Dad’ author says he’s waiting for Bitcoin to crash originally appeared on TheStreet.

Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, says silver is the best investment right now, and he’s holding off on buying more Bitcoin until prices drop.

“FYI: Silver is the best investment today…. June 2025. Gold and Bitcoin are high and I am waiting for gold and Bitcoin to crash before I add to my position,” Kiyosaki wrote in a June 21 post on X. “That’s what I think. Do your own research. Take care.”

The personal finance author, who’s known for his fiery commentary on the global economy, has long grouped Bitcoin alongside gold and silver as tools to hedge against inflation and fiat collapse. But this time, he says it’s silver that stands out.

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Earlier this month, Kiyosaki also made headlines for predicting massive civil unrest and economic breakdown across the U.S.

“CIVIL WAR has begun,” he posted on June 6. “ICE raids in Los Angeles erupt into mass violence. BIG QUESTION: Will it spread? MY ANSWER: I believe we and the world are in for a long, hot, violent summer.”

He connects these warnings to the “Fourth Turning” theory — a concept developed by historians William Strauss and Neil Howe that suggests society undergoes a major reset roughly every 80 years. Past Fourth Turnings, according to the theory, include the American Revolution, the Civil War, and the Great Depression/World War II.

“As you may know, riots are breaking out in Japan, China, France and other countries around the world,” Kiyosaki added. “Fourth Turnings occur when societies are resolving major issues of that time.”

For Kiyosaki, the issue of this era is financial, specifically, trust in money.

“The issue is our banker are stealing the wealth of the people via FAKE money, counterfeit money the central bankers print,” he said. “I trust the era of bankers ripping off the world is coming to an end.”

Kiyosaki has repeatedly urged his followers to ditch fiat currency and invest in what he calls “real money.”

“Stop saving fake money,” he warned. “Save gold, silver, and Bitcoin.”

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He calls Bitcoin “people’s money” and views it as a safeguard against central bank manipulation and inflation. His approach to crypto echoes his broader message of financial independence: own income-producing assets, understand how money works, and never rely solely on traditional institutions.

This isn’t the first time Kiyosaki has told his audience to wait for a crash. In the past, he’s predicted massive downturns across traditional markets, and his playbook often involves waiting for blood in the streets — and then buying hard assets.

Bitcoin is trading at $101,226, according to Kraken’s price feed, with 24-hour volumes topping $49.7 billion. The price remains about 9% below its all-time high of $111,814 reached in late May.

‘Rich Dad Poor Dad’ author says he’s waiting for Bitcoin to crash first appeared on TheStreet on Jun 23, 2025

This story was originally reported by TheStreet on Jun 23, 2025, where it first appeared.