How many people will own bitcoin in 2022?

Ric Edelman, founder of the Digital Assets Council of Financial Professionals, published several predictions for 2022. One was that more than 500 million people worldwide will own Bitcoin by the end of the year. He's not alone.

When is the best time to buy bitcoin?

The ultimate time to buy bitcoin is when no one is talking about it, according to one early adopter. "The best time to buy bitcoin is whenever blood is on the street, everyone's panicking, and no one's talking about it," the investor, who prefers to remain anonymous, told Insider in a phone interview from Manila, Philippines.

What happens if the bitcoin market is down?

When the market is down, that $100 will purchase more bitcoin, increasing the potential for a greater gain if the market turns around. When the market is up, that $100 will purchase less bitcoin, reducing risk of loss if the market turns the other way.

Will bitcoin retest its all-time high in 2023?

While bitcoin has got a small bump at the start of the year, in line with risk assets like stocks, experts say bitcoin is unlikely to retest its all-time high of just under $69,000 but it may have bottomed. Investors expect 2023 to be a year of caution, before a potential bull run that could begin in 2024.