I think that those that worry about the price of bitcoin being too high are only thinking on the short term profits they can get and they cannot see the long term potential of bitcoin, for years we have been hearing that the price of bitcoin is already too high and it keeps growing despite all of those comments.

If you take the time to look at the comments made years ago in the forum there were people that sold their bitcoins as soon as bitcoin touched the dollar parity, as they thought it was impossible fro the price to go that much higher, and look at how wrong they were.
[/quote]

I agree with you. Admittedly the current price of bitcoin is already high compared to its original level, but judging by the future potential of bitcoin, IMO bitcoin at $20k or $50k is still a low price compared to its true value. Looking at the long term 10-15 years from now bitcoin price could still be x10 x20 in the future.

Short-term altcoins are certainly more profitable than bitcoin, but they forget that the risks of altcoins are as high as the returns they generate, invest in altcoins at a rate of 50/50.