"On Sale," He Said... But 'Rich Dad' Robert Kiyosaki Dumped Bitcoin in the Crash, "Waiting for the Bottom"

[Financial News] Robert Kiyosaki, author of the bestseller "Rich Dad Poor Dad," has revealed that he sold part of his Bitcoin holdings.
On the 6th, Kiyosaki wrote on his X (formerly Twitter) account, "I sold some of my Bitcoin and gold," adding, "I am patiently waiting for new bottom prices in gold and Bitcoin. When that time comes, I may buy again."
He went on, "If silver hits $74 (about 108,735 won) and gold reaches $4,000 (about 5,877,600 won), I will buy more. I already hold enough Ethereum for now," and added, "I will buy more later."
As recently as the 2nd, he had said, "Right now the gold, silver, and Bitcoin markets have crashed. In other words, they are on sale," and, "I am holding cash and waiting for the moment to start buying more gold, silver, and Bitcoin at these sale prices." His latest move runs counter to those earlier comments.
At the time, Kiyosaki also urged people to invest, saying, "When Walmart has a sale, poor people rush in and buy all sorts of things," and, "But when financial asset markets go on sale, meaning they crash, poor people sell and run away, while the rich rush in and buy and buy again."
Meanwhile, in the United States, the price of Bitcoin, which had fallen to the low $60,000 range on the 5th (local time), climbed back above $70,000 on the 6th. During intraday trading that day, Bitcoin rose to as high as $71,458, gaining more than 11% in a single day. This was a sharp rebound after it had plunged 15% below $61,000 the previous day.
The rebound is seen as driven by investors who judged that the drop from last October’s peak above $120,000 was excessive and started buying. Bitcoin is currently trading around the $70,000 resistance level and remains about 45% below its all-time high.
bng@fnnews.com Reporter Kim Hee-sun Reporter