Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on February 08, 2022, 07:00:47 PM

Title: Global crypto adoption could 'soon hit a hyper-inflection point': Wells Fargo report
Post by: newshunter on February 08, 2022, 07:00:47 PM
Global crypto adoption could 'soon hit a hyper-inflection point': Wells Fargo report

The firm's global investment strategy team said it wasn't too early to invest in crypto, but clearing regulatory roadblocks would likely create "higher quality investment options" in the future.


Source: Global crypto adoption could 'soon hit a hyper-inflection point': Wells Fargo report (https://cointelegraph.com/news/global-crypto-adoption-could-soon-hit-a-hyper-inflection-point-wells-fargo-report)

Would appreciate your opinion about this
Title: Re: Global crypto adoption could 'soon hit a hyper-inflection point': Wells Fargo report
Post by: Alcor on February 10, 2022, 10:12:17 AM
Well, that's good news. If only in the first half of 2021 the number of cryptocurrency users more than doubled, from 100k in January to 221k in June, that’s pretty good. But it should be borne in mind that the first half of last year was also good for the growth of cryptocurrency prices, and this should have contributed to the growth in the number of users. Apparently, now the growth rate has slowed down a bit. Although the growth is impressive, it’s all the same, now there are 7.96 billion people on the planet and compared to this figure, the number of cryptocurrency users is still not very large. But the cryptocurrency has just begun to develop and has a great future ahead of it.
Title: Re: Global crypto adoption could 'soon hit a hyper-inflection point': Wells Fargo report
Post by: Bobcrypto on February 10, 2022, 10:32:18 AM
Yes, like the spokesperson reported, "it did not subscribe to the idea that it was “too late to invest” in crypto, given that the space is “relatively young”.
I think that in cryptocurrency anything can happen, it never too late late or early in my opinion. This is because, first, there is bull market time and there is bear market time, these interval can pave the way to actually for investing. For me, it never too late or early. Thanks