There’s still good profit, but probably not as good as before.
It’s different now compared to when Bitcoin was valued at just $100, we were optimistic it could reach $1,000.
But today, if Bitcoin hits $100K again, can we still realistically hope for $1 million? I doubt it. The room for growth now is much smaller than it was in the past. However, if you’re happy with a 10x return and you’re willing to hold long-term, then Bitcoin still has potential.
There are correlations of potential risk and profit.
Years ago, there was more and higher risk than now but there was also chances for better ROIs than now. When Bitcoin is older, it gets more matured, and its adoption become better as well as its market cap is bigger, all these things mean that Bitcoin gives people a safer investment option than years ago, and consequently its potential ROI for investment is smaller.
I don't advice any people to switch their interest from Bitcoin to shitcoins but let me use this chance to talk about another common mistake. People who are late comers in this market, usually ignore Bitcoin and choose altcoins, because they see altcoins are cheaper in price and have better potential ROIs. Life is not easy as that, and they lose money to shitcoins or meme tokens.