Bitcoin is profitable yes or no here I give you a complete and honest analysis.
It is a fact that Bitcoin cannot offer the same returns (multiples) as other cryptocurrencies during a bull market.
For example, if you invest $1,000 in Bitcoin today, you would have to wait until 2026 for it to potentially reach $1,000,000. In that ideal scenario, your profit would only be $9,000 after subtracting your initial investment. And this assumes that Bitcoin actually reaches that price by then, which is not guaranteed.
Bitcoin is excellent as a savings method and store of value, especially for entrepreneurs, businesses, and governments looking to protect their capital or pay external debts. However, for middle-class or working individuals, it is not the most profitable option.
Let me give you a practical example:
If I invest the same $1,000 in cryptocurrencies like @klever_org, @JoystreamDAO, or @hackenclub, taking advantage of this bull market, that $1,000 could easily become $20,000 or even $50,000 in much less time. Compared to waiting two years (or even until 2032) for Bitcoin to reach $1,000,000, this approach is clearly more efficient.
The key is to diversify and look for projects with high growth potential. By investing $1,000 in three low market cap cryptocurrencies, for example, you could achieve between $70,000 and $150,000 in profits by the end of the bull market. These opportunities are ideal for people like me, who seek to optimize their resources to cover real needs such as housing, education, transportation, health, and more.
I am not saying that Bitcoin is bad. On the contrary, it is the foundational pillar of the entire cryptocurrency ecosystem. However, it is no longer the right tool for those seeking quick and significant profitability. Bitcoin is perfect for millionaires, entrepreneurs, and governments, but not for those of us looking to maximize our investments on a limited budget.
This is not a criticism, but an invitation to reflect on investment strategies $BTC