Why is it said that the chance of getting rich by buying cakes is getting lower and lower?
Once the halving begins, the $BTC pie will not have the opportunity to dip into the bottom again, and it will continue to rise all the way. As the currency circle becomes larger and larger, the increase in the pie after each round of halving becomes smaller and smaller:
$BTC’s first halving in 2012 saw a 104-fold increase from the start of the halving to the highest point of the bull market.
$BTC’s second halving in 2016 saw a 40-fold increase from the start of the halving to the highest point of the bull market.
#BTC The third halving in 2020 has only increased 7.5 times from the beginning of the halving to the highest point of the bull market.
So will the increase from the beginning of the halving to the highest point of the bull market during the fourth #BTC halving in 2024 be less than 7.5 times? Where will the big pie be before the halving starts next year?
It is foreseeable that as the market value of the big pie gets higher and higher, the growth rate becomes smaller and smaller, and it becomes increasingly impossible for small funds to get rich by simply investing in the big pie.