Is it possible to replace gold with Bitcoin?
Here’s what I think: gold, as a country's reserve, is tied to the currency issued by that country, but gold, as a 'mineral', is being mined and developed all the time.
If the value created by a country does not keep pace with the discovery of gold,
the terrifying aspect of gold is that 70% of holders are in profit, while only 30% of Bitcoin holders are profitable.
This means that unless you operate recklessly, trading gold will almost certainly not lead to losses.
Even if Bitcoin rises to $500,000 each, it’s still hard for more than 50% of holders to be profitable.
Because the only way for any asset to have more than 50% of holders in profit is for the government to bear the losses on purchasing such assets; currently, only gold can achieve this globally, and gold has reached a terrifying statistic of 70% of holders being in profit.
Whether you are trading stocks, cryptocurrencies, futures, forex, real estate, shoes, graphics cards, memory sticks, or CPUs, as long as you are trading in your life, you will eventually choose to trade gold.
After all, a 70% win rate is as simple as playing against a machine, and you don’t even need to watch the market; controlling the leverage at 3 times and directly opening positions with take profit orders means you are guaranteed to win, continuously compounding endlessly.
