#比特币宏观资产属性 Seeing gold and silver reaching record high gains this year, I have become even more calm. The pitfalls I’ve encountered in the crypto world over the years have taught me a fundamental logic: when everyone is chasing the hot trend, it’s often the time when risks are the greatest.

The news says Bitcoin has fallen 6% this year, while precious metals have risen 4-8 times. Many people are starting to feel anxious, and some even think they need to wait for a correction in precious metals before entering the market. But think carefully, this precisely reflects the true state of the market—rising safe-haven assets indicate changing macro expectations. A weakening dollar and ample liquidity are actually favorable conditions for Bitcoin’s long-term attributes.

The key is not to be swayed by short-term rises and falls. I’ve seen too many people rush in out of FOMO after watching others’ assets skyrocket, only to be harvested by the market manipulators. The logic of Bitcoin as a macro asset remains intact; it’s not competing with gold but playing its role in the same macro environment. Arguments that say you must wait for precious metals to adjust are essentially betting on short-term prices, which is exactly where retail investors are most vulnerable to being exploited.

Instead of chasing highs and selling lows, ask yourself: Are you truly confident in Bitcoin’s macro position? If so, then focus on risk management and holding cycles, rather than obsessing over daily K-line charts. No matter how appealing the recovery forecast for 2026 sounds, it doesn’t change the reality that we need to live long enough to see it.