"Called It a 'Sale' During Bitcoin Crash... Then Suddenly Sold 'Some' Holdings, Says Rich Dad Author"

Shift from signaling additional buying to partial selling
Adopts a wait-and-see stance after the 70,000-dollar breakdown

As Bitcoin, the top cryptocurrency by market capitalization, continues its downward trend after falling below the 70,000-dollar level that had been viewed as a psychological support line, Kiyosaki Robert, author of the bestseller "Rich Dad Poor Dad," has revealed that he has sold part of his Bitcoin and gold holdings.

Robert Kiyosaki, author of the bestseller 'Rich Dad Poor Dad'. Robert Kiyosaki

On February 6, Kiyosaki stated on his social media platform X, "I sold some of my Bitcoin and gold," adding, "I will patiently wait until new lows are formed for both assets." He also added that if he moves to buy back the assets in the future, he will make that public again.

He also laid out his investment plans by asset class. Kiyosaki said, "If the price of silver reaches 74 dollars and gold reaches around 4,000 dollars, I will consider additional purchases," and explained, "I currently hold enough Ethereum and plan to increase my holdings further in the future."

"The Fed and the financial system are the real risks"

However, he pointed to the financial system as the fundamental cause of market volatility. Kiyosaki argued, "The real problem is the Federal Reserve (Fed), incompetent political leaders, and the financial elites who deceive the public by exploiting the dollar system," adding, "A very rough period lies ahead."

These remarks stand in contrast to what he said just a few days earlier. On February 2, Kiyosaki likened the sharp declines in Bitcoin and precious metals to a "sale" and said he was preparing to buy more. At the time, he stressed, "When consumer goods go on sale, people rush to buy them, but when financial assets plunge, they panic and sell," adding, "The wealthy instead accumulate assets in times like these."

However, as market conditions have shifted rapidly in recent days, some observers interpret this as a sign that Kiyosaki’s strategy has also changed.

A market shaken by Bitcoin being cut in half

In fact, Bitcoin has been posting steep daily declines. According to cryptocurrency data site CoinGecko, as of February 7 Bitcoin had fallen into the 64,000-dollar range, dropping below 70,000 dollars for the first time since November last year.

Its decline over the past week has exceeded 20 percent, and it has fallen more than 25 percent compared with the beginning of this year. Relative to a month ago, the drop is around 30 percent, and compared with the all-time high recorded in October last year, it is now down by nearly half.

Market participants believe that geopolitical tensions and monetary-policy uncertainty have fueled risk-off sentiment. Emerging signs of diplomatic friction between the United States and Europe, combined with the prominence of hawkish figures at the Fed, have rapidly undermined investor confidence. Analysts say that this, in turn, triggered mass liquidations of leveraged dip-buying positions, amplifying the downward trend.