Gold hit an all-time high, while Bitcoin is in a downtrend and struggling. Why is that? Gold investors making money, while crypto investors losing money. Let's compare!
Anonymous (Gold wins)
✅Gold is a piece of metal that cannot be tracked. No one can track your gold ring or how many gold bars or coins you have at home. ❌Bitcoin stores every transaction on the blockchain. All transactions are monitored 24/7. In the future, only 1 wallet per person will be allowed and connected to your government ID. This is total control.
Limited Supply (Gold wins)
✅Gold is a physical store of value, and there are finite physical supplies. No one can create gold out of thin air. ❌Bitcoin is a computer program, and every program can be modified in the future. The supply can be easily increased and print new bitcoins. The development of Bitcoin is controlled.
Decentralized (Gold wins)
✅Gold can be found everywhere. In every river and every forest. If you really want, you can watch YouTube videos on how to find gold in nature. ❌Bitcoin is completely controlled by miners. Who controls the miners controls the program. Banks and huge institutions are already doing it. People do not control Bitcoin with their graphics card at home. This is a myth.
Age and durability (Gold wins)
✅Gold is billions of years old and cannot be destroyed. ❌Bitcoin is 15 years old and can be easily shutdown with the implement kill-switch no one talks about.
Origin (Gold wins)
✅Gold was created by God together with the planets, sun, and universe. ❌Bitcoin was created and brought to Earth by alien races that are controlled by huge galactic artificial intelligence systems. Do you trust God or AI?
Volatility (Gold wins)
✅Gold is low-volatility and is a reliable choice of investment. The price has been going up steadily without significant crashes. ❌It's guaranteed that if you buy Bitcoin, you will end up with a massive loss and psychical issues like depression. Bitcoin was designed to make you feel bad. Bitcoin crashes every 3rd year by 80% - 90%. In 2014, bitcoin crashed from 1163 to 152. In 2018, bitcoin crashed from 19666 to 3122. In 2020, bitcoin crashed from 13880 to 3850. In 2022, bitcoin crashed from 69,000 to 15479, and we can expect that Bitcoin will crash soon from 73794 to 28000.
Fast transfer on large distances (Bitcoin wins)
✅With Bitcoin, you can make a fast transaction to the other side of the world. But at a high cost of enslavement. ❌You can still buy digital gold that is backed by physical gold and send it quickly around the world, but this concept is not supported by the banks and government. They don't want to support gold transactions as they cannot total control you. They want you to use their Bitcoin CBDC centralized "currency".
Summary
💙It is evident that gold is a real currency, while Bitcoin is a scam. I gave you all of the reasons, now it is up to you what you want to support. People started to wake up to the fact that fiat money is a scam and that central banks can print infinite amounts of money. So these people want to support crypto, but this is another scam by central banks. First they scam you with fiat money, then they will continue with crypto money.
Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
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On the chart, we can see an ascending channel, and this channel is breaking out as expected in my previous ideas. I have been preparing you for this price action, so I hope you are on a bullish side!
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On the BTC vs GOLD chart we can see a descending triangle - this is another sign that Bitcoin will weaken against gold.
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Gold is pumping heavily! Congratulations to everyone who bought.
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One important thing: Focus only on buy/long positions. Try to avoid shorting gold. Stick to the trend to increase the probability of success.
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