But on a general term or comparison, I think we could actually be on the late side considering how far it has gone, though, I still believe we still have a long way to go.
Still have a long way to go, but I think with a couple more halving,s then we'd see that the volatility will be not that much anymore. Just as what we're seeing this year, it's different from the past cycles that we've seen. I used to say to my friends that we're not yet late but, I guess that we're on that point already that somehow whoever invests above $100k is already considered late because for them to 10x, it's going to take a while and bitcoin needs to reach $1M with that goal. Unlike with the early investors, a couple of hundreds then it had return more than 10x since then in the past years.
It's never too late to buy Bitcoin if the goal is long term accumulation, preserving wealth or growing it. But yeah, it's too late if the goal is becoming a millionaire off a small bag, or chasing 100x or 1000x like the early OGs did.
BTC could still hit $1M, but from today's price, that's only a 10x. And it could take decades to get there, not just the next one or two bull cycles. I wonder how many folks can actually HODL until then to take profit, heh.
Just because an asset still has room to run doesn't mean it's still in its early days.
