Against the backdrop of a sharp rise in gold prices above $5,000, more and more crypto traders are publicly stating that they are reassessing their investment priorities.
Some market participants openly talk about exiting digital assets in favor of precious metals, calling them a more stable and understandable instrument in the current macroeconomic conditions.
Traders are moving from cryptocurrencies to metals
This was also raised by popular blogger Brendan Hong. According to him, over four months of trading gold and silver, he earned more than in six years of working in the crypto market. In the video published in the post, Hong states that Bitcoin has completed its growth cycle, so he continues to hold short positions on crypto.
The profit received, according to the trader, is intended for private investments in the AI and robotics sector, which he calls the next trend. Special emphasis is placed on access to private deals and early investment opportunities.
Community reaction and market context
In the comments under the publication, many users support this approach. One of them notes that he sold about 90% of his crypto portfolio and completely switched to metals, citing mistakes from past market cycles and prolonged periods of disappointment in digital assets. Others write that cryptocurrencies look extremely weak against precious metals, calling this dynamic a negative signal for the industry.
What is happening fits into a broader market context. The rise of gold above $5,000 has intensified interest in safe-haven assets and has become an additional trigger for revising strategies. Against this backdrop, some traders prefer to temporarily abandon cryptocurrencies, viewing metals as a more resilient tool until the situation in the digital market improves.
