Bitcoin and gold, this competition is becoming more and more interesting.

Gold has been winning effortlessly for thousands of years, relying on consensus and stability. BTC has only been around for a little over a decade; what gives it the right to challenge? The answer lies in the data—institutions are accumulating, ETFs are on the rise, and the halving cycle is progressing. More importantly, young capital is voting with real money: the narrative of digital gold is not mere speculation; it is a migration that is happening.

At a certain industry summit, someone stated bluntly: "Asset tokenization is not a trend, it is in progress." The traditional financial moat seems a bit cumbersome in the face of technology. Holding BTC is, to some extent, betting on what the next generation of value storage systems will look like.

Of course, there will definitely be short-term fluctuations. However, looking at it in the long run, every time the market panics, it often serves as a window for reallocation. The story of gold has been told for a long time, while the script of BTC has just turned a few pages. The hardest part in a bull market is not judging the top, but holding on.

How is your position allocated? Feel free to share your thoughts in the comments.