The pandemic taught us many lessons about various aspects of life, and one of the most important of these aspects is saving and investing. Those who made wise and calculated financial decisions were the ones who left their past lifestyle behind relentlessly during the tough lockdown phases.

What we witnessed during the pandemic is that people moved towards safe-haven assets. Investments in gold yielded good returns. However, the shine of the yellow metal could not withstand the skyrocketing rise of Bitcoin, which delivered better returns than gold. This is why cryptocurrency is the new hot cake in terms of investment.

Previously, the traditional step was to hedge against stock market volatility with gold. This was a very effective method in the past, but a new alternative has emerged that challenges the safe-haven approach and the old school.

The yellow metal is valuable as a material for consumer goods like jewelry, and it is not abundantly available, meaning it possesses a rarity factor. Regardless of demand, supply remains disproportionately low compared to demand.

It is worth mentioning that gold cannot be manufactured. A company can issue new shares, and the Federal Reserve can print dollar bonds, but there is no such case with gold. Instead, mining and drilling the earth are necessary to extract and process Bitcoin.