Gold and digital assets—who truly deserves more attention? This question has been on more and more people's minds lately.

Traditional gold, as a millennium-long safe-haven asset, offers advantages such as stable liquidity, globally unified recognition, and relatively controllable volatility. However, it also has obvious drawbacks—low returns, high storage costs, and less convenient trading.

Digital assets are entirely different. Represented by cryptocurrencies like Bitcoin, they feature 24-hour trading, strong global liquidity, and low transaction costs. During periods of abundant macro liquidity or upward cycles in risk assets, they often perform more prominently.

But the key lies in—the market cycle and macro environment in which each operates. During economic recessions, traditional gold may be more stable; whereas in periods of technological innovation and capital inflows, digital assets have greater growth potential.

What will the market do in the coming period? It depends on changes in liquidity expectations, policy guidance, and risk appetite. Who can outperform depends not only on fundamentals but also on your risk tolerance.