Topic: Bullish: 'Vast Majority' of Institutions Will Own Crypto by 2026: Fidelity - page 3. (Read 413 times)

Never say never when it comes to Bitcoin, $30k is not something to put in the past and say it will never happen again - not so long ago we were even at $65k, who then thought we would see prices below $30k again? Even if we reached $100k, a 70% correction would take us back to that zone - and we know that the corrections have gone up to 90% in the past.

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Probably because they are still not sure that cryptocurrencies will survive in the next 5 years, and also because they are still waiting for the crypto market to be regulated as much as possible. In addition, big players can afford to pay a lot more for Bitcoin than the average investor, in other words when you have billions of dollars at your disposal it is not a problem to pay $100k or more for 1 BTC.

Why don't they buy now though? I mean in the near future that they plan to buy, the prices could've probably doubled already or tripled meaning that they will buy more for less bitcoin. I don't hold out too much hope for this survey because this big fishes can easily lie to this kind of thing you know? They may say they will buy but they just want the survey to finish much faster if you think about it.

OP, if that survey of institutional investors is correct, then that's definitely very bullish for crypto in general, but....it seems like I've read words like the above quite a few times over the course of the last few years, i.e., "we'll never see $X bitcoin again!".  And yet after each of those statements I've found that I have seen bitcoin seeing $X again.

In addition, the article talks about crypto and not necessarily bitcoin--and on top of that, who knows in what form those institutional investors plan on holding their crypto?  It could be that they buy derivatives instead of actually holding bitcoin, ETH, or anything else in their own wallets.  In fact that would seem much more likely, since the amount of money they have to play with is enormous compared to the market cap of bitcoin or even the top altcoins on the market.  If they bought bitcoin the way MSTR did, they'd basically be painting themselves into a corner with what would rapidly become an illiquid asset because they'd be holding nearly all of it.

And if they did choose derivatives?  Well, the price of bitcoin and the entire crypto market might not move as much as you'd think--though I could be way off base, I'll admit.  I hope I am, and despite my skepticism I do think this is pretty bullish news, even if it's just a survey.

This may be a fact that you have said. Bitcoin have been getting some positive news the last one month ago from El Salvador, Vietnam and lately Elon musk tweet and the Amazon preparation to adopt bitcoin, the price seem to be living the $30,000 and now price getting a little volatile is a sign it all positive now for bitcoin and the green is coming back for altcoins too.

I have no doubt that a "vast majority" of institutions will invest in cryptocurrencies in the next 5 years, but I wonder exactly which cryptocurrencies they will invest in? Of course, our focus is on Bitcoin as a logical choice, but nonetheless, there are few (today) who want to invest in something that no one can actually control - at the same time decentralization is an advantage and a disadvantage, it depends on the angle from which someone looks at things.

The financial system simply has to adapt if it wants to survive, and we see this in the growing development and testing of CBDCs - which are actually the answer to the growing expansion of cryptocurrencies. Maybe we can look at it all as a kind of digital gold rush, because just as anyone was able to mine for gold and maybe get rich relatively quickly in the past - today there is a certain type of crypto rush that no one is immune to, from the common man to banks or funds that have billions of dollars or euros at their disposal.

They have seen how the adoption has changed the price level of Bitcoin and their other financial assets were not yeilding as much profits the crypto market was generating so now we see the cards turning on the support for these digital assets.We have seen how JP Morgan skeptical statement and being on BTC hater in past years and issuing warnings to employees dealing in them but now what happened they are offering crypto related services to customers because they want it and if they want to remain in business they need to accept btc.The world is slowly evolving with Bitcoin adoption and many investors are moving from traditional market to this new technology so sooner we will witness price surge to another high levels.Those who have got diamond hands will not regret even buying it at $30k also.

No one can predict the future, but if you don't consider world changes or some other major events, the general trend is usually correct. When you compare encryption with the Internet, people think it is comparable to these institutions. Some institutions such as Amazon have begun to use Bitcoin to pay, which has increased the use rate of cryptocurrencies, which is conducive to increasing crypto prices. Cryptocurrency will become more and more popular, and it may have better potential in finance and various other cryptocurrency projects.

The characteristics of virtual currency can be said to be popular all over the world, but it is not excessive. There is no time limit, no space limit, and no policy limit. Compared with institutional investors, virtual currency is a trading medium that uses cryptographic principles to ensure transaction security. No one or organization can steal your transaction data.
Investment institutions need to rely on qualified institutions, and virtual currencies do not need to rely on specific institutions. It is only generated by a large number of calculations based on algorithms.
Moreover, investment institutions are geographically divided, and virtual currencies are not geographically divided, so the transaction volume will naturally increase.
Investing in cryptocurrency is the general trend. The huge benefits and risks must be controlled by you.

If anyone still has doubts about whether it is worth buying and waiting at least until the next cycle, take a look at what a new survey from Fidelity Digital Assets says.

According to the survey, 70% of institutional investors intend to buy or invest in digital assets in the near future, with over 90% of them planning to do so by 2026.

We have seen entrepreneurs who were skeptical of Bitcoin years ago change their minds in the last year. If what the survey says comes true, and it looks like it will, it won't even be necessary to own a whole Bitcoin to achieve a certain degree of wealth.

Surely the $30K we have seen recently will never be seen again.