The gold rally is like hotpot ingredients, while I chose to go against the trend and opt for Bitcoin.

Recently, the hottest topic at home isn’t about who got a raise again, but about gold. My mom actually asked me, “Can I still buy gold?”—even relatives who never care about investments are asking the same question. When I saw the data, I was truly shocked. Imagine this: in 2016, the price of one gram of gold was roughly equal to the cost of a hotpot meal (about 260 yuan). By 2020, it rose to 380 yuan, which wasn’t even considered crazy growth. But by 2026, it has skyrocketed to 1180 yuan per gram, a 4.5 times increase over ten years. This increase is like the price of hotpot—although hotpot prices are rising too, gold is climbing even faster.

Gold is Hotter Than Hotpot, Market Sentiment Has Gone Overboard

Interestingly, I discovered a strange pattern: whenever gold prices pull back, former U.S. President Trump seems to appear out of nowhere with comments. The day before yesterday, he casually said, “Playing with the dollar is like playing with a yo-yo,” and immediately, gold prices shot up again. This isn’t political commentary; it’s a direct market reaction to his words—somewhat like an invisible puppet master.

Now, news about gold price increases is everywhere online, social circles are flooded with photos of gold bars and jewelry, and even street vendors are discussing gold investments. When an asset shifts from being a niche interest to a nationwide topic, you need to be especially cautious. I’m not saying gold will crash immediately; it could continue to rise, even reach 6000 or 7000 yuan. But the current atmosphere feels like a grand banquet about to end—plates are left with fish tails—looking like there’s meat, but full of tiny bones, and a slight misstep could cause a choking hazard. To put it plainly: the louder the cheers, the colder I feel inside.

The Truth About Gold: A Safe Haven of Fear, Not a Wealth-Builder

Let me reveal the true nature of gold. Gold has never been a magic tool for getting rich; its core attribute is “fear asset.” The more chaotic and uncertain the world, the more it shines. Its value isn’t about making you rich overnight, but about serving as an insurance card—recognized globally wherever you are on Earth. From this perspective, gold is like a loyal butler, ensuring you don’t lose your pants, but don’t expect it to lead you to financial freedom.

Looking at Bitcoin, it hovers around $70.04K now. Many in the market think it has little chance. But I believe quite the opposite. Once this gold frenzy subsides, smart capital will always look for the next safe haven. What assets, with enough liquidity, strong consensus, and a compelling future story, are left? Not many. More importantly, gold is immovable—if something urgent happens, how do you carry that box of bars away? But Bitcoin is different; remember a set of seed phrases, and you can go anywhere with it. In this digital wave, this advantage will become more and more obvious.

My Investment Strategy: Layered and Steady

Here’s my clear approach:

Gold Portion: If you’ve already made gains, consider taking profits in stages. Don’t be greedy; holding onto profits is the real key. If you haven’t entered yet, the smartest move now is to observe and avoid being driven by FOMO.

Bitcoin Portion: Stay alert. When you see funds shifting from gold to other assets, that might be your entry point. Although the approval of spot ETFs has changed some fundamentals of Bitcoin, its four-year cycle logic remains unchanged.

Most Important Advice: Managing your mindset is the biggest winning strategy. Don’t let the fear of “missing out” control your decisions. The market is always full of opportunities; what matters is whether you have spare money and a cool head.

Ultimately, when everyone is cheering for the same thing, ask yourself: “Do I really have a chance to make money in this frenzy?” If the answer is yes, you know what to do. If you’re unsure, the best move is to wait—just like waiting for a hotpot to cool down so you can truly enjoy its flavor.