Gold and silver rise unexpectedly, Bitcoin is expected to surpass gold.

During this period, whether or not you follow other investment areas, I believe many readers have seen extensive reports about gold and silver in various media, both intentionally and unintentionally.

The trend of gold in recent years has been like a shot of adrenaline, repeatedly reaching new highs, while silver has suddenly surged this year, breaking through a new high that hasn't been seen in over forty years.

Seeing their fierce trends, I recalled the past of following precious metals.

I started to follow precious metals more than ten years ago.

At that time, I was following precious metals, partly out of curiosity, as I wanted to try other areas besides the stock market; on the other hand, among the state-owned banks, the Industrial and Commercial Bank of China happened to offer four types of precious metal investment options: gold, silver, platinum, and palladium. Since I had an account with ICBC, I started to pay attention to it.

For the next several years, I mainly learned about the information and trends of these four precious metals from kitco.com.

During the learning process, I found that:

• There are too many factors that interfere with their short-term trends, and judging their short-term movements is completely beyond my ability.

• Once these metals establish a trend (bull market or bear market), the movement generally lasts for a long time and the amplitude is quite large. During this process, if I want to perform short-term operations, I am particularly prone to selling too early or getting trapped.

If I sell and miss out, then for the next few years I will just have to watch it soar, but after thinking it over, I still won't dare to get on board; and once I'm stuck, then for the next few years I'll have to stand guard there, unwilling to cut my losses.

This feeling is really terrible.

But at the same time, if you extend the perspective, you can still see a very clear pattern.

• In the long run, as long as you buy during a bear market, gold and silver will definitely break through their previous highs.

• After 2013, the price of platinum began to decline increasingly due to the substitution role of palladium in the automotive industry, which made its value increasingly underestimated relative to gold. But I have a feeling that this precious metal, which is much rarer than gold, will shine brightly in the future, and its price will not remain low forever. Although I did not know what factors would trigger this at the time, nor did I know when it would happen, that feeling was very strong.

So, I changed my approach and simply opted for a complete long-term strategy. At the end of 2014, I made my last purchase of gold, silver, and platinum in my ICBC account, and from then on, I completely ignored it.

(Here is an explanation: later, ICBC no longer provided the buying operation for platinum, only the closing selling operation for the position.)

After that, I found that I was not very good at in-depth research on precious metals, so I didn't pay attention to it every day like before; I only occasionally looked at related news and information when I had the chance.

Time has flown to the beginning of this year.

At that time, gold was already very popular, and I could occasionally see videos pushed to me in my video account introducing the gold market in Shui Bei, Shenzhen.

I was also curious, so I just happened to take a trip to the market. I remember it was just a few days before the New Year, and the entire market was packed, with every shop surrounded by people buying gold beans, gold bars, and gold jewelry.

But there was a shop that stood out, as it specialized in platinum. I went up to take a look, and the staff quickly pulled me over to introduce the prices of various platinum jewelry. When I heard the prices at that moment, I wondered how the price of platinum was cheaper than when I last bought it in 2014?

Then I searched online and found that: platinum has started to show a supply-demand gap, with supply beginning to be less than demand.

At that time, compared to the price of gold at over $2000 per ounce, platinum was only over $900. So I didn't hesitate to buy platinum again after 11 years.

Since then, what I've seen all the way is the soaring prices of gold, silver, and platinum.

It is beyond my imagination that gold could rise to over $4,000 at this time. It is even more unimaginable that silver could break through $50 now. On the contrary, I think it is very normal for platinum to rise to $1,600 now.

Will these precious metals rise in price at this level?

I estimate that it might still happen, just like my past feelings, that once precious metals start a trend, they don't reverse quickly.

However, how many adjustments they will have in the future, how much they will ultimately rise, and how long they will continue to rise is beyond my judgment. Therefore, I cannot provide our readers with any investment advice.

At the current price level, I definitely won't buy these three metals.

Looking back on the experiences of the past ten years, I am even more convinced of one thing:

This long-term strategy is also applicable to Bitcoin and Ethereum. Their short-term trends are not easy to grasp, but in my opinion, the long-term trends are clearer and more straightforward than those of gold and silver. For such assets, it's best to hold them long-term whenever possible and ignore short-term fluctuations.

Moreover, I am very pleased to see the surge in gold now, because I believe that the market value of Bitcoin will definitely surpass that of gold in our lifetime. The higher the market value of gold, the more astonishing the future market value of Bitcoin.

Seize the great opportunity of the future firmly; no IQ, no degree, no background is needed, only patience and confidence.