Bitcoin is perceived as expensive relative to the previous price ($0.1, $1, $10, $100, $1000), but remains cheap relative to the future price ($100,000, $1,000,000). It is a misperception to evaluate the price of bitcoin relative to the price of past years, because it seems that it is too late to buy bitcoin. But this is not true at all. There will always be opportunities if you imagine the cost of bitcoin in the perspective of 10, 20 or more years, and then the current $10k or even $50k will turn out to be a sale with a discount.
Let go of the past. Focus on the future.
But what if bitcoin doesn't reach $100,000 or $1,000,000 in the future? We can't guarantee that will happen either, so it's understandable why some people are scared and think bitcoin is too expensive.
Personally, I am not saying that bitcoin is still cheap compared to the future and encourage people to buy now because the future is unpredictable. Instead, give fair advice to those thinking about investing in bitcoin. They should consider the risks they may face as well as the returns they will receive if they are willing to take the risk. There is always a risk in investing and investing in bitcoin is no exception, but the higher the risk, the higher the return, so everyone should consider everything before investing.
Whether Bitcoin is cheap or expensive, whether we still have a chance or it's too late to invest in it all depends on each person's risk tolerance.
That is definitely a big possibility and I believe that it is going to happen, not saying that there is a guarantee to happen but I think it will happen and because of that we should be seeing this getting a better result. Of course it is not that common to think about x50 increases but that will happen but I think we should consider that this could be something that will definitely take some time and because of that we shouldn't really be getting better results.
This is why I think we should be getting a good profits and that is why I think we can make some profit if we believe in it like that. If you keep thinking that you are going to make a mistake then you are going to make a mistake, do not lose hope on bitcoin and just keep thinking that it could grow even more.