If bitcoin is at $64k and me as a small investor bought with $1k, for me to make 100% profit bitcoin will have to hit $128k, that is still feasible
But if I'm hoping to make a 200% profit on my investment bitcoin price will have to get to $256k, how achievable is that ? And if it's achievable how long is it going to take
Which brings me back to my question
Can small investors actually make good profit with bitcoin
With $1,000 capital or $100,000 capital, if two investors have same entries, or same average entry price, they will have same ROIs with a same exit price. That means they will have same ROI and when it's like that, two investors have same good profit, no difference in ROI. Difference is how much a big investor get more in profit than a small investor get but it does not mean a big investor did better than a small investor.
Or are there other ways to make money with bitcoin as a small investor rather than just buy and hold?
Only one way, buying and holding a long time like two market cycles or if possible three market cycles or more, to get good profit in ROI.
Don't try to "stake" your bitcoin because Bitcoin is Proof of Work blockchain, so no staking is available on it. If you stake, it means you sell your bitcoin or convert your bitcoin to have Wrapped Bitcoin
tokens on altcoin blockchains. Those tokens have depeg risk and by staking, you can lose your tokens to scammers.