At a time when gold and silver prices were falling, Robert Kiyozaki, author of The Poor and Rich Daddy, stated that he would not make decisions on the sole basis of falling prices. Compared to short-term fluctuations, he was more concerned about the economic environment in which the assets were located and placed bitcoin, the Iowa, gold and silver on the same watch list.
It's not just the price.
In its latest statement, Kiyozaki stated that it was a common mistake for investors to use the price itself as the basis for the sale. In his view, an asset could not be judged out of context if it was worth configuring.
According to him, real estate needs to look at employment growth and regional conditions, while bitcoin, the Taffle and gold, silver and silver should be judged in the context of political leadership, the state of the banking system and global economic performance.
He also mentioned that current political and banking system regulators had not eased economic pressure, but might have exacerbated the problem. This is also an important reason for his continuous observation of the macro-environment.
Waiting for price reversals
Despite continued attention to multiple assets, Kiyozaki did not indicate that he would enter immediately. He stated that he was still looking at the chart and would consider buying it only after the price had ended its current decline and there were clearer signs of reversal.
This means that his current attitude is closer to waiting for confirmation, rather than betting ahead of the fall. He stressed that a short-term price rebound alone would not be sufficient to support decision-making at a stage of high macroeconomic uncertainty.
In the case of gold and silver, he indicated that his own technical graph signals indicated that both types of assets might be preparing for a larger upswing. However, he did not give a specific point of time.
Bitcoin's still focused.
Although the presentation focused more on precious metals, Bitcoin remained one of his key assets. Kiyozaki did not release a clear signal of increase, nor did it indicate that the market had been restructured, but continued to await further confirmation.
At the same time, he referred to the Ethera, showing that the scope of his observations was not limited to a single asset. In its view, the movement of bitcoin would still have a driving effect on the wider encryption market, and the subsequent price changes therefore deserved continued attention.
On the whole, the information released by Kiyozaki was not a clear operational statement, but rather an emphasis on focusing on macro-level and trend inverted signals, rather than being driven by single-day fluctuations, during the price-fall phase.