Looking back at the asset performance over the past year, traditional precious metals have been in the spotlight. Gold increased by 70%-73% throughout the year, reaching a new high in USD valuation; silver performed even more impressively, with a gain of 150%-169%, also setting a new record; platinum was not to be outdone, with an increase of about 160%-172%, creating a historical high; palladium rose by approximately 124%, reaching a near 3-year high.
On the digital asset side, Bitcoin's annual increase was about -8%, which can be considered a decline. Interestingly, Bitcoin, which was once highly anticipated and dubbed "digital gold" by many, posted a negative performance during a year when traditional precious metals collectively surged. This contrast indeed feels somewhat ironic to many in the crypto community.
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tx_or_didn't_happen
· 12h ago
So ironic, after hyping up digital gold for so long, it was actually completely crushed by traditional gold?
Silver surged 150%, Bitcoin dropped 8%, the gap is incredible...
So should I now stockpile gold or continue to buy the dip in coins?
Gold really caught us off guard this time
Digital gold crashed, traditional gold took off, I’m laughing to death
This contrast made me reevaluate the entire asset allocation
Why didn’t anyone tell me to stockpile silver, the returns...
Crypto people’s faces are swollen from the blow, haha
Traditional assets suddenly look attractive
That negative number on Bitcoin is really glaring
Wait, does this mean I should cut losses or add more?
Black Swan or metaphysics? I can’t understand it
Feels like traditional finance is starting to fight back
How many people lost money this year?
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BridgeJumper
· 12-27 11:55
The recent rally in precious metals is incredible, with silver and platinum doubling in value. Meanwhile, BTC is still down 8%. This is so damn ironic, haha.
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memecoin_therapy
· 12-27 11:47
Damn, precious metals are so strong this year? Silver has doubled, and I'm still holding onto Bitcoin. Now it's awkward.
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FarmToRiches
· 12-27 11:36
Wow, this round of precious metals is really incredible. Silver and platinum have doubled? Bitcoin surprisingly lost 8%, this isn't the digital gold I imagined.
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LiquidationWizard
· 12-27 11:33
Damn, the surge in precious metals... Silver up 150%+? Should I liquidate my crypto holdings and invest?
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"Digital Gold" is hilarious, really hits the mark with the irony
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This comparison is really a bit painful, how did it drop to -8%...
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Precious metals are exploding, while BTC is stagnating, the contrast is incredible
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Starting to regret not buying gold earlier, it’s always like this
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Silver up 150%, my BTC is losing money here... Life is truly mysterious
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No wonder my dad told me to buy gold, turns out there’s some reason behind it
View OriginalReply0
Blockchainiac
· 12-27 11:32
Ha, the recent surge in traditional precious metals is truly outrageous. Silver has doubled, while our "digital gold" has gone negative. The level of irony... I can't even laugh.
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Last year, metals were so strong, and I didn't even bottom out. Should have allocated some bullets to gold. The loss in Bitcoin is just heartbreaking.
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Wait a minute, Bitcoin dropped 8% while silver rose 150%? Is this data overestimated somewhere... Feels like some key information is missing.
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So now the question is, is this surge in precious metals genuine, or is it just the dollar depreciating? Don't want to find out later that it's a different story when we cash out.
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A negative return in the crypto circle for a year, my wallet is crying. And "digital gold"? It's better to just buy gold bars for real.
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Interesting. If this data is true, then all those previous claims of "Bitcoin replacing gold" seem especially ridiculous.
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A rise of over 160 points in silver is indeed impressive. But is this a cycle shift or a long-term trend? Need to look at the macro background.
Looking back at the asset performance over the past year, traditional precious metals have been in the spotlight. Gold increased by 70%-73% throughout the year, reaching a new high in USD valuation; silver performed even more impressively, with a gain of 150%-169%, also setting a new record; platinum was not to be outdone, with an increase of about 160%-172%, creating a historical high; palladium rose by approximately 124%, reaching a near 3-year high.
On the digital asset side, Bitcoin's annual increase was about -8%, which can be considered a decline. Interestingly, Bitcoin, which was once highly anticipated and dubbed "digital gold" by many, posted a negative performance during a year when traditional precious metals collectively surged. This contrast indeed feels somewhat ironic to many in the crypto community.