Why is it said that the chance of getting rich by buying cakes is getting lower and lower?

Once the halving begins, the market will have no chance of making a second dip, and will continue to rise all the way up. As the currency circle becomes larger and larger, the increase in the pie after each round of halving becomes smaller and smaller:

The first halving in 2012 saw a 104-fold increase from the start of the halving to the highest point of the bull market.

The second halving in 2016 saw a 40-fold increase from the start of the halving to the highest point of the bull market.

The third halving in 2020 saw an increase of only 7.5 times from the beginning of the halving to the highest point of the bull market.

So will the increase in the fourth halving in 2024 from the start of the halving to the highest point of the bull market be less than 7.5 times? Where will the big pie be before the start of the halving next year?

It is foreseeable that as the market value of the big pie gets higher and higher, the growth rate becomes smaller and smaller, and it becomes increasingly impossible for small funds to get rich by simply investing in the big pie. $BTC