I don't think that Bitcoin is a get-rich-quick scheme. But I would confess that investing in Bitcoin has given me a high profit which I used to diversify my investment. I will continue doing my DCA buying and wait till the next bull run for me to sell some and make some profit.
Bitcoin is a get rick quick thing in its early days when it was very new, sensitive to die, face with uncertain developments, adoption and future, but in recent years it has become less likely a get rich quick asset.
It's natural growth of Bitcoin, and with time, its survival is tested by different market cycles and more regulations, challenge from governments, together with bigger market cap, its ROI with year and cycle must become smaller than past cycles.
https://companiesmarketcap.com/assets-by-market-cap/Bitcoin & Traditional Assets ROI (vs USD)https://casebitcoin.com/Time | Bitcoin | Gold | S&P500 |
_________ | ______________ | ___________ | _________ |
1 year | +146% | +31% | +27% |
2 year | +198% | +44% | +34% |
3 year | +33% | +40% | +25% |
4 year | +454% | +30% | +62% |
5 year | +523% | +63% | +95% |
6 year | +842% | +108% | +96% |
7 year | +1,372% | +94% | +130% |
8 year | +11,060% | +90% | +159% |
9 year | +28,271% | +124% | +186% |
10 year | +12,368% | +96% | +181% |
11 year | +54,160% | +77% | +245% |
12 year | +593,736% | +50% | +299% |
13 year | +711,718% | +40% | +371% |
14 year | +99 million% | +103% | +433% |
_________ | ______________ | ___________ | _________ |