While it may feel "late" to some people to enter Bitcoin at $110k, it's still quite early in terms of total potential.

Bitcoin has proven itself globally, but it's still only a $2T market cap. For comparison, Gold is $22T.

Gold is an inferior asset to BTC and yet it's valued 10x higher. Sure, gold is a pretty shiny metal, but BTC can do things gold can only dream of.

$22T gold market cap vs $2T BTC market cap is a mispricing that will rebalance in time as BTC adoption continues.

I easily see BTC reaching $1M within 5-10 years (1 or 2 more cycles), and maybe even $10M+ per coin in some future decade.

This being said I'm not saying $110k is a good entry point right now-- that depends on your time horizon. It may be a great entrry point in 10 years. It may be a bad entry point in 1 year.

The point is: hold some BTC for the long run!