"It's all about bypassing restrictions and making deposits; after all this time, you guys stink at Cryptocurrency Trading compared to just buying gold." Today, gold broke through $4400, rising 70% over 25 years. Bitcoin is still struggling at 88K, having fallen 5% since the beginning of the year. Those who bought at the October peak are now down 30% on paper. Those who bought gold at the beginning of the year are lying back and gaining 75 points. Both are called "safe-haven assets," so why the huge difference in performance? Has the "digital gold" narrative collapsed?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
"It's all about bypassing restrictions and making deposits; after all this time, you guys stink at Cryptocurrency Trading compared to just buying gold." Today, gold broke through $4400, rising 70% over 25 years. Bitcoin is still struggling at 88K, having fallen 5% since the beginning of the year. Those who bought at the October peak are now down 30% on paper. Those who bought gold at the beginning of the year are lying back and gaining 75 points. Both are called "safe-haven assets," so why the huge difference in performance? Has the "digital gold" narrative collapsed?