Buying Bitcoin today as a retail investor will not make you a millionaire.

I don't give a shit if you think it's going to 100k by the end of the year, or $1M in five years. You will not get rich on Bitcoin. Here's why:

Let's say that BTC doubles by year end and we're sitting at 100k (a theoretically possible, but very optimistic scenario). Buying today means that you doubled your money at year end. Congratulations. Your $1000 buy is now $2000. Your 10k buy is now 20k.

In five years, assuming that you don't shit your pants in a bear market and sell your 0.0217 BTC, and assuming that BTC somehow makes it to the insane valuation of $1M, you now have 20k, or 200k, respectively. But on no planet in the universe does a sub-100k buy of BTC at today's prices turn you into a millionaire, even in the most favorable circumstances.

This is why many of us focus on other coins and tokens. It's not because we don't believe that BTC is a great coin with fantastic growth possibilities. It is. But the opportunities for stratospheric percentage gains are gone. Huge dollar value gains equal smaller percentage gains.

Other coins may not overtake BTC in per coin price. But they need much smaller gains to yield the same result for retail investors. If Cardano goes to $5, that's the same as BTC going to 100k. If ETH goes to $7000, that's the same as BTC going to 100k. If Algo goes to $4... you get the point.

I'm not saying that BTC won't go up substantially. I'm saying that tiny fish won't turn into whales with it.

Edit: math error. 5 year projection should be 20k and 200k, not 10k and 100k. Thanks for pointing it out in the comments.