'Foot-Tapping' Crypto Investors Watch Closely... After the 'Terrifying Plunge' Seemed to Break Them, He Says "Superior to Gold"

Maintaining long-term optimism even after recent sales
"If I had to choose only one asset, it would be Bitcoin"

As Bitcoin has continued to plunge after collapsing to the $70,000 level, Robert Kiyosaki, author of the global bestseller 'Rich Dad Poor Dad', has once again expressed strong confidence in Bitcoin. Attention is particularly focused on his remarks because they came just after he suddenly sold part of his Bitcoin holdings a few days ago, despite having consistently argued for a bullish view on Bitcoin until recently.

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

"You need both gold and Bitcoin... but if I had to choose only one, it would be Bitcoin"

On February 9, Kiyosaki said on his X account (X, formerly Twitter), "I am often asked which is the better investment, gold or Bitcoin," and explained that from the perspective of portfolio diversification it is desirable to hold both assets, and to include silver as well.

Even so, he made it clear that "if I had to choose only one, I would choose Bitcoin." This shows that he values Bitcoin more highly, giving it priority over traditional physical assets such as gold and silver.

'Limited supply' is the reason

Kiyosaki cited "limited supply" as the reason. He explained, "By design, the total issuance of Bitcoin is capped at 21 million, and we are now approaching that limit," adding, "Once 21 million Bitcoins have been mined, no new Bitcoins can be created, so the price of Bitcoin has no choice but to rise."

Bitcoin stock photo. Pixabay

By contrast, he expressed a relatively critical view of gold. He pointed out, "In theory, there is no cap on how much gold can be mined," and said, "If the price rises, more mining will take place and supply can increase." This can be interpreted as an argument that, although gold is also a scarce asset, its structural scarcity is lower than that of Bitcoin because its supply can increase depending on technological advances and economic incentives.

Maintaining optimism even after partial sell-off

Kiyosaki has maintained an optimistic outlook even immediately after revealing that he recently sold part of his Bitcoin holdings. Earlier, on February 6 he said, "I sold some of my Bitcoin and gold," adding, "I may buy again after waiting for a new bottom price to form." This has been interpreted as a strategic response that takes into account the possibility of a short-term price correction while maintaining a positive long-term outlook.

In particular, he has repeatedly expressed strong distrust toward the U.S. Federal Reserve (Fed) and its monetary policy, warning over and over about the potential decline in the value of fiat currencies. This perspective appears consistent with his longstanding stance that emphasizes Bitcoin's role as an alternative asset outside the control of central banks.

Recently, Bitcoin has plunged repeatedly after collapsing to the $70,000 mark. The Asia Business Daily DB

Recently, the price of Bitcoin has shown significant volatility. After once hitting an all-time high, Bitcoin has recently fallen below the $70,000 level, which had been regarded as a psychological support line, and has been on a downward trend. In the market, the $70,000 level is seen as a major resistance line, and if Bitcoin fails to reclaim this level, the possibility of a further correction is also being discussed.

However, some analysts also argue that, over the long term, factors such as decreasing supply, expanding institutional investment, and uncertainty over monetary policy could act as factors supporting the price of Bitcoin.