Smart investors prefer putting their money into tangible assets like gold, which have intrinsic value and physical use-cases, rather than throwing it into the thin air that Bitcoin is created out of.
There will only ever be one ‘Gold’—uncopiable, indestructible, shiny, smeltable, forgeable. But there are already three forks of Bitcoin and thousands of other cryptos, some of which are far superior to Bitcoin and with each cycle Bitcoin dominance peaks lower. The problem with decentralization is that people can use whichever crypto they want, not the one that Bitcoin frontrunners want them to choose. With gold, there is no alternative—gold is gold.
As Bitcoin's price rises, the returns diminish, and it requires increasingly more to push the price higher. Lower returns mean less interest in buying and more interest in selling. Bitcoin's price is artificially inflated by whales to create the illusion of genuine interest, bolstered by paid internet influencers pushing people to buy into it. It is pure hype, speculation, and fraud. Nothing else!
Be smart, if something seems to be to good to be true, it probably isn't!
- Cas
BTCUSD 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.