This question is quite worth pondering. Looking ahead to the next few years, the flow of funds will likely go into these directions—tech stocks, the stock market, precious metals, crypto assets, real estate, or simply kept in accounts.

From the current temperature of the housing market, many funds are quietly shifting. Some are targeting tech hubs like Nasdaq, while others are turning to gold for safe-haven purposes. The logic behind this is quite clear: global central banks are expanding their balance sheets and printing money, which devalues cash holdings, and the investment appeal of real estate is also declining.

Against this backdrop, the allocation logic for crypto assets like Bitcoin has come to the surface. It neither depends on the monetary policy of any particular country nor lacks in scarcity, which helps hedge against inflation. Of course, there are indeed barriers to entry—overcoming these obstacles is necessary to participate, which is why only a relatively small number of people make large-scale allocations.

Cash continues to depreciate, the appreciation potential of real estate is limited, and gold along with equity assets (especially tech stocks and crypto assets) have become the mainstream choices for institutions and professionals. What do you think about this assessment?