ChainCatcher reported that Robert Kiyosaki, author of Rich Dad Poor Dad, said in a post that although gold and silver prices have recently declined, he will not decide whether to buy or sell assets based only on price. Kiyosaki said he has made many mistakes in the past, and one of them was allowing price movements to affect his investment judgment.
According to Kiyosaki, he now pays more attention to the “environment” in which an asset sits and to the broader macro backdrop, rather than focusing only on short-term price fluctuations. He said current global economic management has performed poorly and may lead to worsening problems.
Against that backdrop, Kiyosaki said he is watching the technical trends of gold, silver, Bitcoin and Ethereum, and is waiting for prices to end their downward trends before buying. He also stated that the technical charts for gold and silver show that both may be in a stage before a major rise. At the same time, he reminded investors to make their own judgments and not blindly trust other people’s views.