Popular investor and author Robert Kiyosaki believes market conditions matter more than price declines when deciding whether to buy an asset.
The author of Rich Dad Poor Dad explained why he is holding off on buying more bitcoin, ethereum, gold, and silver despite recent market weakness.
When Will Kiyosaki Start Buying Again?
This year has been highly volatile across nearly every asset class.
Bitcoin started the year with strong momentum, climbing toward $100,000 before losing steam. The following months brought heavy selling pressure, with the correction reaching a low of around $59,100 in early June. Ethereum followed a similar pattern, dropping to nearly $1,500 a few weeks ago. Although both assets have recovered somewhat, they remain significantly down year to date.
Even traditionally stable assets such as gold and silver have seen sharp declines.
Silver surged above $120 earlier this month but has since fallen nearly 50 percent from that peak. Gold climbed to $5,600 per ounce before experiencing a steep correction, ending the business week below $4,160 per ounce, representing a 25 percent decline.
Kiyosaki believes these price drops alone are not enough to justify buying. He admitted that in the past, he made the mistake of allowing price alone to determine his buying and selling decisions. He now focuses more on understanding the broader market environment and context surrounding each asset rather than reacting purely to price movements.
According to Kiyosaki, he is closely watching technical charts for bitcoin, ethereum, gold, and silver, and plans to buy once he sees clear signs that prices have reversed their downward trend.
He also remains highly bullish on gold and silver, predicting both precious metals could be positioned for a major upward move.
Are Safe Haven Assets Losing Their Appeal?
The year to date declines in both bitcoin and gold have led some analysts to question whether these assets still deserve their safe haven reputation.
Market commentator Charlie Bilello recently noted that the weakness in both bitcoin and gold is difficult to fully explain, especially at a time when many major stocks are posting double digit gains.
Bilello believes much of this trend is driven by capital rotation, as investors increasingly shift funds toward the technology sector, largely fueled by excitement around artificial intelligence.
He added that investors are prioritizing assets with stronger earnings momentum instead of holding traditional stores of value that offer limited yield.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
