But, what if Bitcoin never reaches a new ATH? Then, I'm afraid that most people "hodling" Bitcoin will lose all of their investment in the long run.
I have to say this: you know it's a great time to be buying bitcoin when threads like this start getting made. There are no doubt lots of people who've lost faith in bitcoin as an investment after watching it drop from $20k in 2017 and then from $13k this year. They probably think bitcoin is never going to see any substantial price action again, and they're losing hope.
So I say again, buy when others are fearful. That's probably some of the best advice I've heard about trading, and I don't think the general mood of the crypto market could be more fearful right now.
Don't lose hope that bitcoin will get to another ATH, because it will. I don't know if that's going to happen next year, the year after, or what, but it's going to happen eventually. Just like I kick myself that I didn't save all the bitcoin I had from 2015, I don't want to be kicking myself down the road for having gotten rid of the bitcoin I had in 2019. If I had more money at my disposal I'd be sinking most of it into bitcoin right now.