I think the days of making lots of money with Bitcoin are finally over. Even if Bitcoin doubles and you invest $1000 your profit is only $1000. This is completely different than what happened before when I first learned about bitcoin it was around $300 and it had a low of $200 so if I put all my savings back, then I could’ve been fairly wealthy. However, right now the price is so high that it cannot get much higher because the market cap is already high. I think the ship has sailed.
It is not finally over, but it needs a lot more time than before. In the early years of Bitcoin, there was a rapid growth in price where ones investment can multiply to 1000 folds in just a cycle or two, but the current situation of Bitcoin growth has somehow slowed down now. So it really needs a longer time or a few cycles to get at least 10x of our initial investment if we happen to invest at the current cycle peak. So, to maximize the time in relation to profit, it is best to buy during the bear market.