#BinanceBlockchainWeek Recently, with the global situation being so chaotic, I increasingly feel that tokenization of gold may be more reliable than Bitcoin.

Why do you say that? Look at the current economic instability and geopolitical tensions; in such an environment, Bitcoin is particularly susceptible to market manipulation. Big players dump their holdings, and retail investors panic sell, causing prices to plummet. In contrast, gold has a several-thousand-year-old safe-haven reputation that is no joke—every time the market is turbulent, funds flock to it.

Interestingly, when Bitcoin falls, gold often rises. Investors are well aware: virtual assets are too volatile, and in critical times, they still rely on physical assets for support. Tokenization of gold perfectly balances both sides: it has the stability of gold and the convenience of blockchain. Funds are withdrawn from the coin circle, and many directly transfer to gold tokens.

Of course, the long-term potential of Bitcoin is still there, but in the short term? In this market, I prefer to put my money into assets with low volatility and strong risk resistance. Tokenization of gold seems to be a good choice right now, at least I can sleep a little more soundly at night.

BTC6.21%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
6
Repost
Share

Comment

0/400

RugDocScientist

· 12-02 10:11

Tokenization of gold sounds good, but can it really outperform Large Investors' dumping? To be honest, it still depends on who is manipulating that trap behind the system.

View OriginalReply0

ConsensusDissenter

· 12-02 10:05

Are we doing this again? The gold token has stabilized, but it's still being manipulated by the market makers...

View OriginalReply0

TokenDustCollector

· 12-02 10:02

What you said makes sense, gold tokens are indeed stable, but a bit boring. However, I still can’t let go of BTC; in the long run, I still have to hold gold in one hand and coins in the other. Gold as a safe haven is an old trick, but it really can take a beating. Tokenized gold sounds appealing, but I'm afraid the liquidity will be disappointing. After this round in the crypto world, it's really time to learn from the stability of gold. Low fluctuation is a good thing, but it also means there aren’t many opportunities to get rich quick. In the short term, I’ll avoid gold tokens, but in the long term, I still have to bet on BTC's rebound. I need to grab both sides and keep them strong, right? This argument sounds like something only someone in the crypto world could come up with as a compromise. Gold tokens are reliable, but the question is whether they will become the next tool to Be Played for Suckers.

View OriginalReply0

MissedAirdropAgain

· 12-02 10:01

Ha, tokenization of gold sounds good, but I still have some doubts about whether it can really withstand risks. Speaking of which, if this thing doesn't have gold spot support behind it, it's just a virtual bubble. Bitcoin, although it has high fluctuation, that's exactly where its value lies.

View OriginalReply0

CoinBasedThinking

· 12-02 10:00

The golden token sounds good, but I still feel like it's a bit like eating two bowls of rice. When something really goes wrong, who can you trust?

View OriginalReply0

Rugpull幸存者