We can't expect as big of a multiple with Bitcoin this cycle because bigger money is getting into it and they don't need to get 5x or 10x or 20x. You put a billion in and double your money is incredible. To actually turn that big of a profit manufacturing or reselling something would be unbelievable so that is a huge win and all they need is 2X. In that regard it is played out but it makes sense to have it as the core of your crypto holdings because you can just borrow against it on these money markets so you can still have the capital appreciation and be able to leverage it to other investments.
Even if you don't want to borrow against it in any way shape or form to me it makes sense to have it as a main pillar of your crypto holdings. Bitcoin, Ethereum, and BNB are world reserve assets and DOGE is the king meme for LIFE! On platforms like Venus on the Binance Smart Chain you can even borrow against your DOGE or 20 other assets that are tokenized tokenized on the BSC.
The Degen move is to just invest in other stuff and don't mess with Bitcoin but personally I think it should partially be in everyone's portfolio at least at the beginning of the cycle.
