Risk profile quiz · 2026
5 questions. 90 seconds. See a BTC allocation range, account placement, and Canadian tax-efficiency notes. Four profiles. Canadian-specific. Nothing leaves your browser.
Your TFSA should always hold your highest-conviction Bitcoin. Once you have TFSA contribution room, fill it before using taxable accounts. Any growth inside a TFSA is permanently tax-free, no capital gains reporting, no inclusion rate. For a balanced investor targeting 5-15% BTC allocation, start with your TFSA and add RRSP/FHSA room as it fills.
A conservative Bitcoin allocation is 2-5% of total net worth. This provides meaningful exposure to BTC's long-term upside while limiting volatility impact on your overall portfolio. For most Canadians, a 5-year+ time horizon and BTC held via ETF inside a TFSA or RRSP is the lowest-risk approach.
For most Canadians, a Bitcoin ETF (FBTC, BTCX.B) inside a registered account (TFSA, RRSP, FHSA) is the optimal approach: tax-free compounding, no self-custody risk, and easy to buy through your existing brokerage or WealthSimple. Direct custody (via Bitbuy or Bull Bitcoin) makes sense only if you want to hold your own keys or access DeFi protocols.
Each answer carries a score from the source tool (maximum 20). 0-5 is Conservative, 6-10 Balanced, 11-15 Aggressive, 16-20 Very Aggressive. It is a rough temperament check, not suitability advice.