You have to take risks when it comes to investing, especially Bitcoin. You have drawn attention to the past price chart, in this case I think it looks positive to take a lot of our experience from the past. It is important that you practice the positive as well as the negative aspects of investing.
well it is true that before going to any investment you must first possess a good risk tolerance before embarking in any investment. But the way sounded about the risk in Bitcoin you sounded like you where referring to shitcoins. Yeah there's risk in investing in bitcoin expecially those that are in for only short-term profit. But one thing you should know is that managing Bitcoin risk is way easier than managing others (shitcoins) . For instance one setting a long-term goal in Bitcoin as already taken a step in minimising the risk in Bitcoin, because Bitcoin is a coin with the potential of massive growth.
I would suggest that some of the main differences between managing risk in bitcoin versus shitcoins is:
1st the ability to invest long term in to bitcoin versus having to think about when to get in and when to get out of shitcoins,
2) of course, shitcoins are correlated to bitcoin so you are largely just adding another level onto bitcoin, so bitcoin has to be successful before any shitcoin even has an ability to pump
3) bitcoin can still go to zero, so no one should be implying that there is no risk in bitcoin, so the way to consider your bitcoin is that you could lose everything that you invested, yet there is such a decently valid possibility to earn to the upside that you can weigh against the possibility to go to zero so that you can adjust your bitcoin position size to attempt to account for both sides of the possibility spectrum - which means, don't invest any more than you can afford to lose..
4) it takes a long time to build a decently sized investment portfolio that is largely allocated with bitcoin that might even start out with relatively modest allocations of bitcoin, and the bitcoin may or may not end up growing faster than any other allocations that are in the investment portfolio (not referring to shitcoins and there is not really any need to diversify beyond cash and bitcoin when first building your bitcoin investment portfolio).. yet at the same time, if you are nervous about the size of your bitcoin holdings, then you likely need to take some out from time to time while realizing that taking out of bitcoin is likely going to impair how large your overall investment portfolio grows, so those allocation decisions are trade-offs that come while you are invested into bitcoin and you figure out along the way (and also having plans in advance that you may tweak along the way, too).
thinking bitcoin reaches $100k is something very realistic because as you said before, before the halving started the price of bitcoin had already reached $70k. However reality says otherwise because approaching the halving, Bitcoin prices tend to move down.
Don't be so simplistic.
There is no rule that bitcoin has to go down when approaching the halvening, and it does not even make sense logically that there exist any actual dynamics that bitcoin prices have to go down before the halvening beyond a pattern of it having had happened historically, so merely because going down before the halvening has happened historically does not mean that it has to happen or that it "tends to happen".
Maybe the best thing to consider is that BTC prices go up and then sometimes they might go up faster than the buying support can keep up, so then after they go up for a while they may or may not end up coming back down for a while, so in that sense bitcoin prices do not tend to go up in a straight line and it can go in either direction, including that sometimes there can be down periods contained within the middle of down periods, so it is better to be prepared for UP, just in case you are a low coiner or a no coiner... which most of the world happens to be, whether they realize their status as low coiner/no coiner or not.
By the way, the BTC price has been pretty much been going up since November 2022.. Yeah sure there have been a few corrections in there, but not very many. We can say the same thing on a shorter time horizon that the BTC price has pretty much been going up since October 2023, yeah sure there have been a few price corrections in there, but not very many.
So, if the price goes up a lot, there might be some times within those kinds of periods that it goes down, but the mere fact that it might go down or that it is currently seeming to go down, does not mean that it will go down, so better prepared for UP in case you don't have any or enough coins, which again most of the world is in such a position, whether they realize it or not.