Another opportunity is coming, a time to hold

[skarais]

I believe if this kind of research is conducted in many other countries, more people will want to invest in crypto by 2024. And what should we expect by that time and 2025? Bull run.

Don't be too fomo about the future of bitcoin, you have to be wise to invest regardless of how big the opportunity you have. In fact no one knows about the future and I strongly agree that the results of this study will not guarantee anything in the future. Bullrun is always expected by those who own bitcoin, but the best thing now is how we manage our finances so that investment interest is not disrupted by financial problems during inflation.

Economic conditions will defeat most people's investment interests, it's true. You should not be hungry just because you want to invest, you must also meet your main needs before deciding to invest. Everything should remain stable and unobtrusive, I mean meet your primary needs and then invest. This is a wise choice in my opinion, so again don't be too fomo.

[1714644226]

1714644226

[1714644226]

1714644226

[1714644226]

1714644226

[1714644226]

1714644226

[1714644226]

1714644226

[Odusko]

One thing I have realized of is the fact that Bitcoin price is unpredictable and waiting for a certain period or cycle may sometimes be fruitless waiting and the next bull run can happen at any time.
So the best thing to do is to always prepare ahead and hold more Bitcoin because you never can tell when the next market turn will happen.

[Rockstarguy]

Yes, this is the best time to hold bitcoin because the price is too low for people to make a huge amount of money. Since the green light is preparing to remain stable in the market show that people will soon experience bull season in the community, which is the best season to sell to earn well from your long term investment.  The price just hit $20k few minutes ago that made many people to believed that bitcoin price will reach $40k before the end of this year 2022.

One the things you can tell about the market is when the price of bitcoin will hit a given amount in a particular time. No one knows if the price of bitcoin will definitely reach  $40k by the end of 2022. For sure the price will definitely go up , it is better to keep hodling till it get to the top without you guessing or predicting the time it will get to a specific amount. We are entering the bull market which is going to be a good benefit for those who are hodling.  The best way to hodl is to do it without expecting when the price will reach in a given time.

[BitcoinPanther]

Yes, this is the best time to hold bitcoin because the price is too low for people to make a huge amount of money. Since the green light is preparing to remain stable in the market show that people will soon experience bull season in the community, which is the best season to sell to earn well from your long term investment.  The price just hit $20k few minutes ago that made many people to believed that bitcoin price will reach $40k before the end of this year 2022.

Not only to hold but accumulate.  Bitcoin is selling at a discounted price.  The current price of Bitcoin today @$20.5k might increase a year after the next halving.  Isn't that a clear indication that buying Bitcoin today will give us a huge profit?  

One thing I have realized of is the fact that Bitcoin price is unpredictable and waiting for a certain period or cycle may sometimes be fruitless waiting and the next bull run can happen at any time.
So the best thing to do is to always prepare ahead and hold more Bitcoin because you never can tell when the next market turn will happen.

Bitcoin price is indeed unpredictable but its cycle is so we an still gets information and signs on when is the best time to buy and sell Bitcoin.

[abel1337]

I believe if this kind of research is conducted in many other countries, more people will want to invest in crypto by 2024. And what should we expect by that time and 2025? Bull run.

Don't be too fomo about the future of bitcoin, you have to be wise to invest regardless of how big the opportunity you have. In fact no one knows about the future and I strongly agree that the results of this study will not guarantee anything in the future. Bullrun is always expected by those who own bitcoin, but the best thing now is how we manage our finances so that investment interest is not disrupted by financial problems during inflation.

Economic conditions will defeat most people's investment interests, it's true. You should not be hungry just because you want to invest, you must also meet your main needs before deciding to invest. Everything should remain stable and unobtrusive, I mean meet your primary needs and then invest. This is a wise choice in my opinion, so again don't be too fomo.

True, I personally experience that kind of mistake. I became hungry with my investment without considering the possibility that I will come to the point of my life that I can't sustain my personal needs because all of my funds were invested. It's a bad financial decision that lead me into force selling the investment I have at lost. It's hard to predict when will bitcoin make it's action to become bullish again. It would always be a smart choice to make your financial status stable first before investing into bitcoin. It is better to be late and earn low profit than losing an investment because of bad financial move like being affected by this survey and make being FOMOed.

[CryptSafe]

As a smart investor you are, you should know what to do at this very season. The right time to buy more is now. When market is down, smart and wise investors fill their bags taking all necessary possible position to go for the future ahead while waiting for the next bull run. Meanwhile traders on daily basis take out profits on their own benefit.  If I may say, the opportunity you are talking should be in the right direction of market bullrun. This i would say,  Bitcoin has been testing resistance and also forming a strong price base for the next bullrun. That I know for sure we will definitely see and this time around, a new all time high would be successfully achieved and recorded. For the new price base, the new all time high will  last for a long time before we experience or encounter any bear market again.
Well your decision is right in front of you to make while it is currently bear market make good use of this opportunity to bag more and wait for the next all time high.

[Quidat]

One thing I have realized of is the fact that Bitcoin price is unpredictable and waiting for a certain period or cycle may sometimes be fruitless waiting and the next bull run can happen at any time.
So the best thing to do is to always prepare ahead and hold more Bitcoin because you never can tell when the next market turn will happen.

Some do go for long term and some would go for short term.If we do look closely or thoroughly which people who do make shorts are the ones who do make more profits
without the needing for them to hold for long years.If they could able to make money on those price movement or simply with volatility then this is what they are targeting into.
We know that this kind of trading path or method isnt something that simple for someone to take on and this is why lots had been opting on holding and accumulating
for long term instead.Hodl on something which you do believe that it could bring profits into you not only limited on bitcoin but also in altcoins as well.

[KingsDen]

Re: Another opportunity is coming, a time to hold

Another opportunity is not coming, another opportunity is already here. Now is the opportunity to invest in Bitcoin, the opportunity is not when the bull run starts.
The bull run is never an opportunity, it is this mentality that makes newbie to join the market during the bull run thinking that it is the opportunity not knowing that the opportunity has presented itself yes back or months back before the bull run. So now is the opportunity...

[Mr.right85]

It's a good thing for Canadian investors rated to be about 30% of its populace to want in on bitcoin or crypto investments but, what would be wrong is waiting for a bullrun or for the Canadian investors to come into the market before making your investments.

What better time would it be to buy than buying in a bear market. Its the way to make the most of the bullrun when it comes based on the principle of buying low and selling high.

Unfortunately, we never want to see do we! There is always better opportunities ahead in the next bullrun and the next one after that and so, its always hold as much as you can, spending only what needs to be spent of it. Don't wait for a time to buy, procrastination would set in.

[Slow death]

I cam see that is only the old traders and investors that can see the great future Bitcoin has for everyone who are ready to embrace it and adoption without.ind if the market is bear or not. The market always come with different opportunity for everyone to partake in buy sometimes those who do not how tge future will be or the great opportunity the future will bring will always fall aside in the wrong lane following the ignorant ones.
Holding Bitcoin is what we should be doing now than waiting for the market to stay the bull run before we will join the race. The market is big enough to make us rich.

Holding Bitcoin is one of my ultimate target and I can't quite now, when I know fully well that it will make a bull run up to $100k as predicted long before this time, although it still have chances of going below $8k, the moment it enter that price level, we should just bear in mind that it will give some traders new opportunities to bagged more while the ones that enter at early stage, will be at big loss, so the best thing for them is to triggered the sell price and wait for it to hit their choices of entry before bagging it again. The market currently facing bear season and let's just give it time.

I think it is very exaggerated that the price drops to 8000$. look at the chart, the support that is at 18000$ is very strong and the price is being traded on the side, that is, it is being traded between 8000 to 20000$. and it shows no sign of a drop to 8000, on the contrary the price may be accumulating in that 18000 to 20,000 zone for some or a long time until it gains a big momentum and starts to go up a lot, the biggest problem currently that is not making the price go up a lot and the financial crisis because of the war in ukraine, I believe that buying a lot now and being patient and selling in a few years can bring good profits

What better time would it be to buy than buying in a bear market.

It is true that this is a good opportunity to buy bitcoin, but people need to be aware that this current price can remain for many years, nothing guarantees that the price will increase much, especially if this war in ukraine goes on for a long time then the financial crisis it will only get worse and the price of bitcoin will also be affected

[alire zaham]

Even if this data is totally accurate, who's to say that they wouldn't change their mind? I could almost guarantee a huge majority of people who bought into the bitcoin hype at near all-time highs were also planning on holding. But yet? Most of them panic sold.

Sometimes I still thank the participants who handed over their chips in a panic. They animate the changing hands and price fluctuations of the Bitcoin market. The most important thing is that a large part of speculators have left, leaving the seeds of Bitcoin development. Only through this process can Bitcoin grow into a towering tree.

[Hiveonm]

One thing I have realized of is the fact that Bitcoin price is unpredictable and waiting for a certain period or cycle may sometimes be fruitless waiting and the next bull run can happen at any time.
So the best thing to do is to always prepare ahead and hold more Bitcoin because you never can tell when the next market turn will happen.

You are right. First of all, the current price has fallen below the price of the last round of bull market, and the risk factor has been greatly reduced. The most important thing is how much BTC you hold.

[Piesel]

Even though we can not rely on speculative data to conclude that not all Canadian will have the boldness to publicly show off their Bitcoin addiction and since the whole industry has ridden on the wings of speculation over the years we can not conclude that we will have a bull run in 2024.

Even though the year 2024 is another halving year for Bitcoin and many expect to see a bull run after the halving but we are still uncertain of that we can say that a Bitcoin bull will happen in 2024 even though we greatly expect that.

[DaNNy001]

Even without this research i strongly believe that the bitcoin  bull market is going to be achieved but I Don know how long it will take to get there

With this it has further strengthen my believes and am willing to purchase more bitcoin and invest more on bitcoin added to the little I have already invested.

I pray I should just have the courage to hodl till the market is friendly again..
Bitcoin is forever, see this as an opportunity and grab hold of it

[Marykeller]

It's good news that 30% of Canadians want to invest in crypto by 2024, why are they waiting until 2024 before they invest in crypto. If they should invest let them invest now than wait till that time.

2024 is the bull season of bitcoin, it's expected that the price of bitcoin will skyrocket. The price impact of 30% of Canadians investing in crypto will be noticed and felt more now, than in 2024 when there will be a price increase in bitcoin

[Sayeds56]

One thing I have realized of is the fact that Bitcoin price is unpredictable and waiting for a certain period or cycle may sometimes be fruitless waiting and the next bull run can happen at any time.
So the best thing to do is to always prepare ahead and hold more Bitcoin because you never can tell when the next market turn will happen.

You are right. First of all, the current price has fallen below the price of the last round of bull market, and the risk factor has been greatly reduced. The most important thing is how much BTC you hold.

 All time high (ATH) of previous bull run has been broken which is a bad sign for market. The current bear run is not going  is likely to continue from short to medium term. Fear & greed index is at 23 which reflects extreme fear. It may slip down in coming days because crisis created by FTX will continue for sometime before market starts recovering. Despite all negativity, It is an opportunity to accumulate Bitcoin for those who have funds and their faith in Bitcoin is strong.

https://alternative.me/crypto/fear-and-greed-index/

[Antonas1]

Some people said a period of time will shock people when the price of bitcoin will no more rise using the 4 years cycle. Some even said that bitcoin market is matured already that this bull run trends may not become possible by 2024. But the good news is, you should still believe in bitcoin, it will not disappoint you in the next cycle.

I am a person who believes that Bitcoin's 4 year cycle is no longer used to fix the price. Now people who decide to buy Bitcoin will be very dependent on news and policy only instead of the cycle. That's what causes prices to swing faster or slower than expected.

[FatFork]

I think the key takeaway is that the market is confused, but we shouldn't be. Don't overthink anything. Buy the dips and hold. It's better to be involved than not. That's all there is to it.

[seoincorporation]

Some people said a period of time will shock people when the price of bitcoin will no more rise using the 4 years cycle. Some even said that bitcoin market is matured already that this bull run trends may not become possible by 2024. But the good news is, you should still believe in bitcoin, it will not disappoint you in the next cycle.

I am a person who believes that Bitcoin's 4 year cycle is no longer used to fix the price. Now people who decide to buy Bitcoin will be very dependent on news and policy only instead of the cycle. That's what causes prices to swing faster or slower than expected.

I agree, 4 years cycle used to be the profit equation, it was easy for holders to multiply their BTC just by holding that amount of time. But that recipe is not longer working. And those who buy at the ATH maybe will have to wait more than 5 years to recover their loss.

I don't think is the time to hold, i think right now is time to buy because bitcoin at $16,000 is a really good price and not sure for how long it will be that low. So, this is an opportunity for those who have the right vision.

[Yatsan]

I think the key takeaway is that the market is confused, but we shouldn't be. Don't overthink anything. Buy the dips and hold. It's better to be involved than not. That's all there is to it.

Depends still. If the investor himself is in doubt because the money he is about to invest is an emergency fund, then that won't be good to be involved. The idea is understood;, invest an amount you can afford losing. But ofcourse there will be times we will be in need of money and that is when we desire profit despite of the risk. Being involved also means being exposed to risk in this industry. I'd say be involved if you can afford being involved. As simple and bold as it sounds; not requiring them to be. Even big investors are still in a pause right now because they are waiting for the perfect timing or clear sign to do so which I guess won't be today or tomorrow.