Post
Topic
Board Bitcoin Discussion
Re: Another opportunity is coming, a time to hold
by
KaliLinux
on 15/10/2022, 09:55:40 UTC
What if Canadians had moved earlier without sticking to the data simply for targeting the year 2024 when the 4 year Bull occurs. They don't want to miss the train that took them early to welcome ATH Bitcoin. I know that Canadians will do it without having to inform the government about the data being taken officially. 30% of people are willing to be interviewed but the rest may have invested in Bitcoin during a bear market.

Exactly, some people may already be accumulating without the knowledge of the Canadian government. This 30% does not represent the opinion of the entire Canadians. People are already exposed to the positive side of btc, and now happens or seem like the best time to accumulate while the price is relatively down so why would they miss out on such opportunity and wait for 2024 to buy?
I believe the accumulation is already in process but they are not fully aware of it yet.
Exatly what I was going t get at, however OPs quote of
Quote
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.
this could be more or could even end up being less and even if the research wasn't done at all, those that already want to invest in Crypto would still do that. I believe it was just a way to affirm that X% of people are looking into investing in crypto over a period of that time

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.
And at OP, that wouldn't be necessary because these researshes do not really make people take a decision but only help you understand the percentage of the people in relation to what decision they have taken or will be taking.