Another opportunity is coming, a time to hold

[Natalim]

For me, it’s now or never, as we can’t afford anymore to miss the train while there are huge opportunities to own and store bitcoin now.

Enjoyed reading the writing made by the author. Whatever predictions are written from sources I hope can happen. But if we look at a lot of news that it is likely that 2023 is a difficult year due to the state of the global economy and the rise in bank interest rates increases. This gives the world a chance of a major recession. According to the sources I have read at the moment, there have been many Banks that interest-rate increases. Meanwhile, economic growth is moving slowly.
If you think about it logically, If a recession really occurs, will the Halving period of 2024 still make prices increase? The reason is that many investors are afraid to enter crypto, investors choose to keep USD, so there is no large enough flow of money to crypto.

Source: https://www.worldbank.org/en/news/press-release/2022/09/15/risk-of-global-recession-in-2023-rises-amid-simultaneous-rate-hikes

it is logical to understand that the banks are really competing with crypto in order for them to keep alive. Their aggressive movement creates another market impact in terms of volume but I wasn't thinking that investors choose to keep USD and are afraid of crypto. It was just the time for the recession has come and many investors stop investing in Bitcoin as they are waiting for the recovery. This is also what we have seen in the last bear season, huge market demand comes during the bull season, and probably the same scenario we're able to see again.

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[tygeade]

Enjoyed reading the writing made by the author. Whatever predictions are written from sources I hope can happen. But if we look at a lot of news that it is likely that 2023 is a difficult year due to the state of the global economy and the rise in bank interest rates increases. This gives the world a chance of a major recession. According to the sources I have read at the moment, there have been many Banks that interest-rate increases. Meanwhile, economic growth is moving slowly.
If you think about it logically, If a recession really occurs, will the Halving period of 2024 still make prices increase? The reason is that many investors are afraid to enter crypto, investors choose to keep USD, so there is no large enough flow of money to crypto.

Global economy is literally the reason why we could go up. Because, if the fiat world is crashing down, it means we could crash down as crypto world too, that has happened in 2022 and that is a good example, but we have also seen fiat world going down and everything else going up at times as well and maybe 2023 will be more like that?

We can't possible know without seeing it first, and that means if the recession really hits, and everyone is unemployed and the world is in a poverty mode all over again just like 2008, then it means we could possibly see people going into bitcoin to save their money, and that could make them a lot more profits than a hurting fiat world.

[davis196]

1.The fact the someone said that he(or she) will do something in the future doesn't necessarily mean that he(or she) will do it.
2.Crypto doesn't necessarily mean Bitcoin. Altcoins/tokens are also crypto. Even NFTs are considered "crypto". I know that many people associate the term "crypto" with Bitcoin, but crypto means lots of other things.
3.If the crypto winters continues and the BTC price drops below 10K USD, will 30% of the Canadians by BTC by 2024? I don't think so.
Don't get me wrong. I still believe in Bitcoin and the 2024-2025 bull market, but I don't believe such surveys and I don't trust people's opinions.

[adpinbr]

Yes, I strongly agree that bitcoin has a lot of future that’s people may not understand now, but it’s the reality the current situation, which is bull Ron.  after this challenge that bitcoin is passing through the mad step that bitcoin wants to take is a massive high increase, because it’s may look like people out of the markets, some set of people and countries are holding bitcoin refusing to sell probably much activities may not be in the bitcoin market right now but by the beginning of 2023 it will.


I will also say this, Most of the challenges Is impatience people don’t usually have patience, but I will advice from now hood store, and watch listen to the news and see how the market goes.
And what is happening this year may not happen again in the history of bitcoin, because bitcoin has some difference  signs that happens during bull Ron.

[Kelvinid]

3.If the crypto winters continues and the BTC price drops below 10K USD, will 30% of the Canadians by BTC by 2024? I don't think so.
Don't get me wrong. I still believe in Bitcoin and the 2024-2025 bull market, but I don't believe such surveys and I don't trust people's opinions.

Though we don't trust people's opinion but seems great to respect them as well and disreagard those we think it is not usefull.
A lot of people can make there baseless market predictions but I think OP have the reason to say that there is a better opportunity in crypto in future particularly in Bitcoin. Is this really believable? I think yes and we already witness its potential and on how it grow from scratch to something even more valuable than gold. But in the situation you have cited, doubts can be possible for the Canadians and possibly withdraw their plan to invest.

[lienfaye]

Well, it's a good news if it really happened in 2024. But the thing is, we are not certain if these 30% of canadians were not going to change their minds. Is the article reliable? Because anyone can spread news like this without concrete basis and just an assumption.

Anyhow it's good for Bitcoin as well as for the investors incase it really happened in the future. But we should not rely too much on this and treat it as another good prediction that might come true if it's really accurate.

[8rch7]

Another opportunity will come when it's time to hold back, words like that don't apply to everyone, but for some people who have tasted the sweetness of bitcoin must believe in words like that, indeed the principle of investing in bitcoin, we should not completely trust others , we have to have a stand and we have to believe in our own predictions but we also have to respect the opinion of others because not everyone is wrong, there are also people who really care about us, like Satoshi who has given us a very extraordinary opportunity about bitcoin.

[hd49728]

Well, it's a good news if it really happened in 2024. But the thing is, we are not certain if these 30% of canadians were not going to change their minds. Is the article reliable? Because anyone can spread news like this without concrete basis and just an assumption.

People change their minds very often and assume the 30% of Canadians is a correct number with a good survey, we don't know how many of them will actually do as they answered in the survey. It can be higher than 30% or lower than 30% but it's likely more people will change their minds from Do to Don't. However, we can not know how many others say Don't in the survey will change to Do. And 2 years are long enough in cryptocurrency and the market might attract more new people to join within two years.

A lot of people can make there baseless market predictions but I think OP have the reason to say that there is a better opportunity in crypto in future particularly in Bitcoin.

Predictions are mostly inaccurate no matter they are made baseless or with good assumptions behind. History can be change or can be repeated but I have more belief in historical voice than predictions.

History says halvings are helpful to increase Bitcoin adoption and Bitcoin value in communities as well as Bitcoin price on the market.

[Raflesia]

Actually for this it only takes time for people who are still not completely convinced to turn into a belief in bitcoin.
This is a natural thing because indeed over time technology has become more sophisticated and now bitcoin is like something that can be accessed anywhere and anytime as long as there is internet there so that the dissemination of information about Crypto will be easier to obtain so that indeed when people do not limit their mindset about bitcoin is something negative then its expansion will happen more and more.

You would really be that negative if you do really make yourself that limited on various sources or making yourself not to engage on whatever things or changes that we do have recently.If you wont really
be that too engaging on things or not really been aware on basic information or ideas then you would definitely be having those negative impression but in overall once you do able to in depth through then
you would definitely be realizing that you've been saying bad things in the past.Opportunity do really comes without you knowing but you arent really that dumb once you do have the experience
and knowledge.You would definitely know on what you would really be doing.

The problem comes back to the mindset because if our mindset continues to reject things like this, it will obviously become difficult. Now we can't live just relying on the old ways that are outdated so that when technology becomes more sophisticated then we as consumers and people who think clearly must make this an opportunity no matter what happens because it is as previously discussed when we still persist with the old mindset then we are falling behind and when this happens it is difficult to keep up.

[Falconer]

People change their minds very often and assume the 30% of Canadians is a correct number with a good survey, we don't know how many of them will actually do as they answered in the survey. It can be higher than 30% or lower than 30% but it's likely more people will change their minds from Do to Don't. However, we can not know how many others say Don't in the survey will change to Do.

of course it is difficult to predict what will happen to the survey results with reality. I didn't think much of it but it might sound good to know that people are quite enthusiastic about crypto. As you said, people can change quickly from doing to not doing, but we don't know how that will turn out to be because it's still a long time.

And 2 years are long enough in cryptocurrency and the market might attract more new people to join within two years.

It might not be, but it's more likely to be true considering crypto is in such a good period of growth. Without the big problems especially the economy, maybe we can expect more new people in the crypto market.

[Fivestar4everMVP]

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.

I think many crypto investors have programed their minds to the belief that there will always be a bull run in every four years, few days back, I was discussing this with a friend who argued that bitcoin hitting $100k and above by 2024, I asked him, how sure he is, his response was that bitcoin is wired(that is coded) to hit a new all time high every four years, I tried to make him come out of such belief but he refused, I left him alone.

In as much as we hope there will be a bull run in 2024, there is a possibility there won't be any too, so I think we should expect the worst while hoping for the best.

[suzanne5223]

1.The fact the someone said that he(or she) will do something in the future doesn't necessarily mean that he(or she) will do it.
2.Crypto doesn't necessarily mean Bitcoin. Altcoins/tokens are also crypto. Even NFTs are considered "crypto". I know that many people associate the term "crypto" with Bitcoin, but crypto means lots of other things.
3.If the crypto winters continues and the BTC price drops below 10K USD, will 30% of the Canadians by BTC by 2024? I don't think so.
Don't get me wrong. I still believe in Bitcoin and the 2024-2025 bull market, but I don't believe such surveys and I don't trust people's opinions.

1. Having the impression of doing something in the future and doing it is almost mainly through determination and discipline.
2. Crypto is not even Bitcoin, altcoin, or token. Like you said it means a lot of things because it could be cryptography, and it could be cryptocurrency.
3. Due to the awareness and traffic Bitcoin gained in the bullish market, it is hard to say the specific percentage of Canadians that will buy BTC but I expect more than 30% of the population to buy BTC.

[SOKO-DEKE]

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.

Because they don't have a solid understanding of Bitcoin and won't conduct any study, I don't usually find it surprising to see posts of this like. Everyone who is knowledgeable about bitcoin can possibly predict a bull run in 2024.I'm saying this because a lot of people are planning to invest in Bitcoin in 2024 simply because they don't want to miss that fantastic analysis of four years they have missed before. In addition, more people are learning about Bitcoin each and every day, so those of us who believe in Bitcoin can expect a massive increase in price. Always remember that prices increase with demand.

According to Ontario Securities Commission head, the chief executive officer, Grant Vingoe, he said that they know from their research that 30% of Canadians are willing to invest in crypto asset by 2024.

We know from our own research (being published later this month) that more than 30 per cent of Canadians plan to buy crypto assets in the next year [...] It is a challenge to bar non-compliant firms from offering services in Canada. With a limited budget and finite Enforcement staff to cover our entire capital markets, there is only so much we can do. But we are making progress.

Before even 2024 I believe many countries and companies will have started  accepting Bitcoin and in start investing in it andalso accept it in form of payment. We can see that Bitcoin is becoming more widely known every single day.

what should we expect by that time and 2025? Bull run.

 even before 2025 the market price of Bitcoin will more than our expectations by increase in price . Let just keep believing in bitcoin and not to listing to those people who have invested in shitcoin or tokens and they losses their investment and now try to discourage others.

[ChiNgadOr]

Yes, I strongly agree that bitcoin has a lot of future that’s people may not understand now, but it’s the reality the current situation, which is bull Ron.  after this challenge that bitcoin is passing through the mad step that bitcoin wants to take is a massive high increase, because it’s may look like people out of the markets, some set of people and countries are holding bitcoin refusing to sell probably much activities may not be in the bitcoin market right now but by the beginning of 2023 it will.


I will also say this, Most of the challenges Is impatience people don’t usually have patience, but I will advice from now hood store, and watch listen to the news and see how the market goes.
And what is happening this year may not happen again in the history of bitcoin, because bitcoin has some difference  signs that happens during bull Ron.

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.

[borovichok]

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.

[SquirrelJulietGarden]

I think many crypto investors have programed their minds to the belief that there will always be a bull run in every four years, few days back, I was discussing this with a friend who argued that bitcoin hitting $100k and above by 2024, I asked him, how sure he is, his response was that bitcoin is wired(that is coded) to hit a new all time high every four years, I tried to make him come out of such belief but he refused, I left him alone.

In as much as we hope there will be a bull run in 2024, there is a possibility there won't be any too, so I think we should expect the worst while hoping for the best.

With the co-existences of hyper inflation from central banks and the future halvings of Bitcoin, price of Bitcoin will rise more and more. I am sure we will see it at $100,000 and even higher price but when is not what I can know. I don't try to know when it will hit $100,000 because I simply hold my Bitcoin, enjoy my life, without pressure of timing the market. It will be fine for me if $100,000 is reached in 2024 or 2028.

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.

You should not set up your target price and binds it with time. It is good to have your price target because you are clearly at what price you will take profit. However it is bad, very bad if you are timing it because what will happen with your plan if Bitcoin won't reach your favorite price at the right time. Will you have bank call? Liquidation call?

Timing the market is bad in aspect of mentality. It will result in pressure and disappointment which can cause bad reactions from you.

[CryptSafe]

The fact does not change in the sense that we are in 2022. 2024/2025 is way too far for buying or investing in Crypto. That research seems to be lacking or the correspondences seems to be lacking insight into the blockchain and Bitcoin to be precise. How can one say they would not to invest or get serious about an innovation that is currently trending globally and itself is an economy on its own which is booming and has changed lives all round the globe. Such a response coming from such a well placed person sounds funny though or probably,they did not conduct any research.

As the OP has stated, this is truly time to hold Bitcoin in the sense that one needs to nag more as it is currently down as there are indications of a possible bull market approaching soonest. So if anyone deems it alright and you are good to that, you can go for it. I am not a financial advisor not a financial expert so you will have to do your own research properly before going into it.

[Zanab247]

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.

[dezoel]

The fact does not change in the sense that we are in 2022. 2024/2025 is way too far for buying or investing in Crypto. That research seems to be lacking or the correspondences seems to be lacking insight into the blockchain and Bitcoin to be precise. How can one say they would not to invest or get serious about an innovation that is currently trending globally and itself is an economy on its own which is booming and has changed lives all round the globe. Such a response coming from such a well placed person sounds funny though or probably,they did not conduct any research.

As the OP has stated, this is truly time to hold Bitcoin in the sense that one needs to nag more as it is currently down as there are indications of a possible bull market approaching soonest. So if anyone deems it alright and you are good to that, you can go for it. I am not a financial advisor not a financial expert so you will have to do your own research properly before going into it.

I do not think that it’s that far off, we are just 2 months away from 2023, which means 2024 is literally 14 months away, so we shouldn't consider it that much further back. By comparison, it was 12 months ago even nearly 13 months ago that we reached the peak 68k price for example. Which shows you that time passes very quickly if you are waiting for something.

I believe that we will also not be staying at 20k all that time, sure we will probably go above 68k in 14+ months, but that doesn't mean that we can't be 30k in 2 months, or 50k in 6 months, those are still increasing prices and still not breaking ATH at the same time, that could happen.

[tabas]

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. 

And this too low price that we have was once the highest years ago. If people still don't see that and despite with such news that are coming out, they have to picture it out that the opportunity is already in front of them waiting to get their bite.

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.

Well, another prediction but don't be too invested with those predictions. We don't want the same disappointment that we got last year when majority have expected bitcoin to rise for $100k but didn't do.