Gold has reached a new high, while Bitcoin is still in free fall.
In the previous bull market, those trading instructors were always bragging about gold being the king of safe havens. When something really happened, gold proved to be a real safe haven, while Bitcoin avoided all the increases and perfectly timed all the crashes.
To put it bluntly, BTC now is just a Nasdaq with a technical shell and double leverage. When the Federal Reserve sneezes, this batch of retail investors in the crypto world will follow suit. Decentralization? Their assets are almost gone.
Don't talk to me about halving benefits and institutional entry. I took a look at the holdings: the money isn't free, but the body is free first. Every day I'm considering whether to deliver food or go to the factory. Admit it, we are not buying the future; we are purely spending money for a thrill.
In the previous bull market, those trading instructors were always bragging about gold being the king of safe havens. When something really happened, gold proved to be a real safe haven, while Bitcoin avoided all the increases and perfectly timed all the crashes.
To put it bluntly, BTC now is just a Nasdaq with a technical shell and double leverage. When the Federal Reserve sneezes, this batch of retail investors in the crypto world will follow suit. Decentralization? Their assets are almost gone.
Don't talk to me about halving benefits and institutional entry. I took a look at the holdings: the money isn't free, but the body is free first. Every day I'm considering whether to deliver food or go to the factory. Admit it, we are not buying the future; we are purely spending money for a thrill.