Your error right from the start is the fact that you have not missed the bitcoin train.

Thus the remainder of your reasoning is irrelevant.

Bitcoin is currently still at an insanely low price, an excellent buying opportunity.

Any time you can buy them for less than US$1000 is a good deal but right now you can pick them up for way the heck less than that thus profit very quickly just in the recovery to $1000 then the regaining of the $1200+ previous peak let alone the long term continued growth.

-MarkM-