The Cryptocurrency Space Is In Its Wild West Phase

• Cryptocurrencies arguably hit the mainstream last year, as nearly every media outlet covered Bitcoin’s astronomical rise from near-obscurity to $20,000. However,

• In legacy markets, whereas approximately 52% of Americans own stock in publicly-traded firms, the 8% figure seems rather dismal.

• The claim was backed up by figures found by the survey, where 6% of those who earn over $100,000 a year own cryptocurrencies, while 11% of those who earn $50k-$75k have investments in this asset class. Speaking more on the manner, Micah Winkelspecht,

• Where traders are subject to constant fluctuations in the price of their holdings on a 24/7 basis. Secondly, the regulatory uncertainty that rages to this day, as governing bodies have yet to introduce laws which ensure consumer protection

• This last investor qualm was even acknowledged in the aforementioned survey, with 20% of respondents divulging that more information could spark an interest in cryptocurrencies.

• My guess is that crypto is of the digital age. And the younger generation is of the digital age and used to doing everything on the internet.”

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