According to ChainCatcher, Robert Kiyosaki, the author of Rich Dad Poor Dad, said in a post that he will not decide whether to buy or sell assets based only on price, even though gold and silver have recently declined. He said he has made many mistakes in the past, and one of them was allowing price movements to influence his investment judgment. He now places more emphasis on the asset’s environment and the macro backdrop rather than short-term price fluctuations.
Watching macro conditions and technical trends
Kiyosaki said current global economic management is performing poorly and may cause problems to continue worsening. Against that backdrop, he is watching the technical trends of gold, silver, Bitcoin and Ethereum, and is waiting for prices to finish their downtrend before buying. His comments focused on the relationship between market direction and the broader setting, rather than on a single immediate price level.
On gold and silver, Kiyosaki said their technical charts show that both may be in a stage before a sharp rise. He also cautioned investors to make their own judgments and not blindly trust other people’s views. The assets mentioned in his remarks include gold, silver, Bitcoin and Ethereum, with the central point being that short-term prices should not be the sole driver of investment decisions.