i think the good time for buying bitcoin is when halving approaching this recent bull run is not like other bull run , because prices bitcoin did not rise much from 10000 to 50000 per btc about 5 multiple compared to halving that happed 2017 prices rose more than 20 time
Is it not impressive that an asset can increase in value five times in less than a year? Can you give a different example of such a yield?
It's not fair to compare Bitcoin today with when it was significantly less known and much cheaper. With the rising price of bitcoin, more fresh capital has to enter the market to maintain the bull trend. Of course, yields will diminish over time.
Yield has been diminishing with time. As of now we can see more and more number of altcoins growing in higher multiples with time. More fresh capital has to get into the market, as for now low level people's are investing little funds into cryptocurrency. The trend reversal happens quite often with bitcoin, but to have a sustained bull trend the whales have to stay calm. Because, this year's bull trend is much on the move from whales.