According to ChainCatcher, Robert Kiyosaki, the 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. He said he has made many mistakes in the past, and one of them was allowing price movements to influence his investment judgment.
Kiyosaki said he now pays more attention to the “environment” surrounding an asset and the broader macro background, rather than short-term price fluctuations. He also stated that current global economic management has performed poorly and could lead to problems continuing to worsen.
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 downtrend before buying. He added that the technical charts for gold and silver show that both could be in a stage before a large rise, while also reminding investors to make their own judgments and not blindly believe the views of others.