Post
Topic
Board Bitcoin Discussion
Re: The Future of Crypto
by
fiulpro
on 05/06/2021, 18:24:18 UTC
In the next 5 years, more people will buy crypto and a number of countries will accept crypto by regulating them. Right now only 1% of total world population involve in investing into the coin, can you imagine if 10% of the world start buying crypto in the next five years. It will push the price of crypto well beyond your imagination. Coin price which price 20 cents now, in the next 5 years will rise up to USD50 or even USD100. The adoption of crypto currency cannot be avoided. The mil lineal or younger generation will tech savvy and crypto is like new way of investing, spending, transfer money and all sort of thing that crypto being created for a function in real life. The early you invest, the better your return in five years. Buy now, hold for five years and see your investment giving return 100X or 1000X
Most of these values that you find on the internet regarding cryptocurrencies are arbitrary. One should always remember that it is absolutely hard to track down the real population using cryptocurrencies but at the end we do have a nearby value. 1%? I heard various other options and percentages, there are around 2.8% people now instead of 1% plus this is only defined by people who owns cryptocurrencies, we are for sure forgetting people who are :
Indirectly involved with them like : traders , short term holders, people accepting cryptocurrencies as a form of payment and encashing them. Etc... All these things will account for much more. At the same time I also read a research where more people were eager to add cryptos in their portfolios. Plus the ratio is quite variable. For example: In American 17% if the adults uses cryptocurrencies. Which is indeed really good. I do think in the future we will get much more upgradation which will enable us to transfer at a much smaller time, making cryptos more efficient and user friendly, then people will be able to use them for transactions.