Robert Kiyosaki, author of 'Rich Dad Poor Dad', says he won't buy or sell assets based on price fluctuations
Robert Kiyosaki stated that despite the recent decline in gold and silver prices, he will not make buying or selling decisions based solely on price. He emphasizes the importance of the "environment" and macro background of assets, learning from past mistakes.
He believes that poor global economic management may exacerbate issues and is currently monitoring the technical trends of gold, silver, Bitcoin, and Ethereum, waiting for the downward trend to end before buying. He noted that gold and silver charts may indicate a significant upward phase ahead but advises investors to make their own judgments.
This viewpoint reinforces the concept of long-term asset allocation, attracting retail investors' attention to precious metals and cryptocurrencies.
Source: Public information
ABAB AI Insight
Robert Kiyosaki has long promoted a balance sheet mentality, emphasizing the macro environment over short-term prices, continuing his positive stance on hard assets like gold and Bitcoin.
On the capital path, investor resources are shifting towards long-term holdings in precious metals and cryptocurrencies, motivated by the need to hedge against poor economic management risks.
Similar to his past recommendations on real estate and gold, we are currently in a cycle of inflation hedging and asset reallocation.
Essentially, this reflects capital concentration: ignoring short-term fluctuations and focusing on the macro environment, with capital concentrating on hard assets and cryptocurrencies, reshaping personal wealth preservation strategies and pricing power.
ABAB News · Law of Cognition
The macro environment outweighs price fluctuations: the environment determines asset fate, not short-term candlesticks.
Past mistakes are today's wisdom: allowing price to dictate judgment was the biggest lesson.
Gold and Bitcoin as hedges against poor management: as economic issues worsen, hard assets become a safe haven.