Canadian Securities Commission Survey — Over 500,000 citizens in Ontario own cryptos and growing

in #esteem6 years ago

Source::https://news.bitcoin.com/canadian-securities-commission-million-ontarians-holding-cryptos/

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5% of Ontarians have crypto.

Many have used thier cryptos to purchase items

And of course many “use to own” crytpos — this 6 month crypto bashfest has not been pleasent.

This and more from a March Survey of the Canadian population in Ontario.

I was surprised to see how many have used their cryptos. This is really encouraging to see:

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Of course, as in other places, many Canadians have turned away from cryptos:

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And where did you learn about cryptos? Social Media, advertising, etc... ? Social Media leads the way.

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When I read this I come away with there are more people watching and investing in cryptos then I thought.
I suspect with any decent uptrend or 2nd half of the year large announcements, the rally and money flow will be much larger than last year.

While not at the “early adopter stage” — I get the sense the market momentum is about to turn very positive in the second half.

Good to see the people in Canada very involved in this space.

Sort:  

5% is quite a large number. Things are looking great

I thought so as well. I expected the number to be much lower.

I thought so as well.
I expected the number
To be much lower.

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If I sold all my crypto now I would have around a quarter of what I started out with...

IMHO opinion (not investment advice) — the best is yet to come. I hear for some reason July 10-13th could see a bump up and Q4 will very nice. All the best.

i think the players have lined up — they just don’t want it to be obvious yet. 10 more days :-)

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