I have to say, this sub’s unwavering confidence in Bitcoin is both encouraging and worrying

I new to Bitcoin, and want to have full confidence in it, but a part of me worries that this is history repeating itself where people put a lot of their eggs in the same basket, I my for it to dip and never come back up. I know Bitcoin is revolutionary vs normal stocks, but some people on this sub seem to see it as a risk free long term investment.

I feel like it’s not that unlikely that bitcoin will be surpassed by another coin in the future that is more convenient, or that lack of adoption from the population will eventually lead to a slow death of bitcoin. Also, could bitcoin reach a price that people just find too high to pay for, and hence will have reach his ceiling earlier than expected.

All in all, I want to invest in bitcoin but want to be smart about it.