68% of global high-net-worth individuals have already invested or are planning to invest in crypto by the end of 2022
This means literally nothing.
As said, they buy and dump and buy and dump, not holders, no believers, simply business men.
And they have so much money they literally invest in anything they can. The ultimate diversification. From so many fields, overall they cannot lose. And if any of the assets they invested in becomes a bad business they simply drop it. They do afford loses and they'll minimize the loses as soon as they can.
Actually it's more a bad news. They most certainly bought in when the prices were low. And when the targeted price is met, they'll dump and we will not understand what happened.
And that do leaves questions on mind on what do happen on such sudden price dump which these factors are inevitable possible to think off.I agree that this really means nothing
yet those percentage doesnt signify adoption but just purely investment and for those billionaires and millionaires will normally chose up things that would really benefit them and
crypto is one of the good options to take yet they do know the potential of profitability.
The key is adoption. Not buy and sell. They should invest in blockchain as part of the process of their companies.
No surprising thing its always been a business and adoption is just secondary.